Amazon.com Inc on Thursday forecast a jump in holiday sales - and costs related to COVID-19 - as consumers continued to shop more online during the pandemic.
NEW YORK: Facebook's Instagram said on Thursday (Oct 29) it was making changes to its image sharing platform to prevent the spread of misinformation around the US presidential election. For users in the United States, Instagram will temporarily remove the "Recent" tab from hashtag pages starting ...
Japan may effectively shut off China from supplying drones to its government to protect sensitive information, according to six people in government and the ruling party familiar with the matter, as part of a broad effort to bolster national security.
Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the largest energy name, having been surpassed by rivals and even a renewable company, as it tries to maintain its hefty dividend.
Oil prices tumbled by more than 4 per cent on Thursday, dropping to a five-month low and extending the previous day's sharp decline on the impact renewed coronavirus lockdowns could have on oil demand.
McDonald's Corp was hit on Thursday with a potentially multi-billion dollar lawsuit by Black franchise owners who accused the fast-food giant of racial discrimination for steering them to underperforming stores.
Amazon.com Inc on Thursday reported record profit for the second consecutive quarter and forecast a jump in holiday sales, as consumers continued to shop more online during the novel coronavirus pandemic.
Asian markets looked to continue an upward swing on Friday, after a rebound in U.S. equities and strong corporate earnings set the stage.
China Evergrande Group has taken to seeking loans at above-average interest rates in the shadow banking market, where caution even there over its cash flow hints at an increasingly fraught effort to reduce the property sector's biggest debt.
As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year's repeated oil and gas production halts were already hitting energy firms' results.
