Uber Technologies Inc was ordered by a U.S. judge on Friday to face a lawsuit claiming its illegal predatory pricing and other anticompetitive practices stifled competition, and drove rival Sidecar Technologies Inc out of business.
The coronavirus pandemic has upended U.S. equities trading with unprecedented market volatility and forced bourses like the New York Stock Exchange to close their trading floors, raising questions about the need for such spaces.
After rolling out trillions of dollars in support for the U.S. economy during the coronavirus pandemic, Federal Reserve officials have begun warning of potentially lasting scars to the workforce and productivity if the recovery is not handled well.
Facebook Inc is at risk of losing a key seal of approval that gives companies confidence they are getting what they pay for when it comes to advertising with the social-media giant, the Wall Street Journal reported on Friday.
LONDON (Thomson Reuters Foundation) - Gamers escaping coronavirus lockdowns have seen their virtual savings slashed in hit video game "Animal Crossing", highlighting the limited rights users have to digital property. Players of the viral Nintendo Switch game received a notice saying interest ...
NEW YORK: JPMorgan Chase & Co said on Friday that it received government approval to process roughly US$15 billion in loans through the Small Business Administration's Paycheck Protection Program, bringing its total number of funded loans through the program to about US$29 billion. The latest ...
McDonald's Corp said it would reopen 15 restaurants in the United Kingdom this month, only for delivery, leaving some fast food fans cheering.
Shares of Tesla Inc tumbled 12per cent on Friday following a tweet from Chief Executive Elon Musk's Twitter account that the electric car maker's recently high-flying stock is overly expensive.
The largest U.S. airlines are moving rapidly to mandate facial coverings for all passengers, with Southwest Airlines Co and Alaska Airlines on Friday joining other major airlines in imposing the measure to address the spread of the coronavirus and convince reluctant passengers to resume flying.
The U.S. House of Representatives Judiciary Committee on Friday called on Amazon.com founder Jeff Bezos to testify to the panel about allegations that the online retailer uses data from its own third-party sellers to create competing products.
