Oil prices tumbled about 8% a barrel on Thursday, fuelled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while crude inventories hit a record in the United States.
Yum Brands Inc filed a lawsuit against Grubhub Inc on Thursday for allegedly violating terms of a food delivery deal, a day after Europe's Just Eat Takeaway.com agreed to buy the U.S. food delivery platform for $7.3 billion.
The company, founded and owned by Detroit billionaire Dan Gilbert, has filed its IPO prospectus confidentially, sources said.
Taco Bell parent Yum Brands Inc sued Grubhub Inc on Thursday for allegedly violating a delivery contract, a day after Europe's Just Eat Takeaway.com agreed to buy the U.S. food delivery company for $7.3 billion.
Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve.
Alphabet Inc's Google said on Thursday it was tackling unlawful discrimination by barring housing, employment and credit ads from being targeted to its users based on their postal code, gender, age, parental status or marital status.
Air Canada Chief Executive Officer Calin Rovinescu on Thursday urged the Canadian government to relax travel restrictions as they have been hurting the company's sales, Bloomberg News reported.
The Cboe Volatility Index , known as Wall Street's "fear gauge," jumped to its highest level in more than a month on Thursday as concerns over a resurgence of the novel coronavirus pandemic felled U.S. stocks.
A group of bondholders of LATAM Airlines Group SA are in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter 11 proceeding in the United States, two people with knowledge of the matter said on Thursday.
Zoom Video Communications Inc said on Thursday it did not provide any user information or meeting content to the Chinese government.
Palantir Technologies Inc is aiming to file confidentially with U.S. regulators for a public listing in the coming weeks, according to people familiar with the matter.
FrontFundr | Release | Jun 10, 2020 The introduction of rule 45-505 represents a huge step forward for capital raising and investment crowdfunding from coast to coast TORONTO, June 10, 2020 (GLOBE NEWSWIRE) -- FrontFundr, Canada’s leading online investment platform for the private markets, recently announced the launch of Ontario Instrument 45-505. This new legislation
Google filed a lawsuit accusing home speaker maker Sonos Inc of infringing five of its patents, escalating tensions between the partners that have already led to a U.S. International Trade Commission probe.
Microsoft Corp said on Thursday it would await federal regulation before selling facial recognition technology to police, making it the latest big firm to back away from the business following protests against law enforcement brutality and bias.
Latin American countries should quicken steps for airlines to renew domestic flights no later than July before more companies are forced to declare bankruptcy or close, a high-ranking official of the International Air Transport Association (IATA) said on Thursday.