Mattel Inc had received a subpoena in December from the U.S. Securities and Exchange Commission seeking documents related to a whistleblower letter and subsequent investigation, the U.S. toymaker said in a filing on Tuesday.
The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls found.
International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become a deputy managing director at the Fund.
A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by business groups.
Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows.
Crude prices edged up on Wednesday as investors covered short positions after three sessions of losses, even as fears deepened that the rapid spread of the coronavirus will lead to a global pandemic.
Artificial intelligence computing firm SambaNova Systems said on Tuesday it has raised $250 million in a funding round led by BlackRock Inc to expand its customer base, reflecting investors' appetite for the market.
Salesforce.com Inc said on Tuesday Keith Block has stepped down as co-chief executive officer, making Marc Benioff the sole CEO of the business software company, sending its shares down nearly 3% in extended trading.
U.S. airlines and hotels are extending options for customers to rebook travel to a growing list of countries, including Italy, as coronavirus cases spiked outside of China and sparked fears of a global pandemic.
Japan's Panasonic Corp is considering pulling out of solar cell production at Tesla Inc's plant in New York, said people with direct knowledge of the matter, raising uncertainty over the U.S. firm's struggling solar business.
Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows.
Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.
U.S. stock indexes ticked slightly higher on Tuesday as investors dipped their toes in the water a day after worries about the worldwide spread of the coronavirus sent the S&P 500 and the Dow Industrials to their biggest daily declines in two years.
U.S. consumer confidence edged up in February, suggesting a steady pace of consumer spending that could support the economy despite growing fears over the impact of the fast spreading coronavirus, which have roiled financial markets.
Department store chain Macy's Inc on Tuesday reported a small drop in sales and profit that topped analysts' expectations with the help of an uptick in holiday sales.