The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.
Facebook Inc announced limited changes on Thursday to its approach to political ads, including allowing users to turn off certain ad-targeting tools, but defied critics' demands that it bar politicians from using its ads system to spread lies.
Private equity firm Blackstone Group Inc has secured $3.4 billion from investors for its first fund dedicated to investments in the life sciences sector, targeting $4.6 billion in total, a regulatory filing showed on Thursday.
U.S. stocks registered record high closes on Thursday as optimism about a U.S.-China trade deal firmed and as Apple and other market heavyweights posted strong gains.
The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.
An Italian court has thrown out a request by Vivendi to suspend a ruling forcing it to freeze two-thirds of its stake in Italian broadcaster Mediaset , a court document showed on Thursday.
Oil prices retreated further on Thursday, adding to sharp losses in the previous session as the market shifted focus toward rising U.S. crude stocks and away from worries about the conflict between the United States and Iran.
Sales of Apple Inc's iPhone in China in December jumped more than 18% year on year, government data showed on Thursday.
First Abu Dhabi Bank (FAB) has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted construction group Al Jaber with a starting price of 700 million dirhams ($190.59 million), two sources said.
Democratic Representative Katie Porter, a first-term lawmaker known as a tough Wall Street critic, accused Wells Fargo & Co of passing on costs associated with its wide-ranging scandals to third parties, in a scathing letter sent to the bank's new chief executive on Thursday.
Oil prices steadied on Thursday after the previous session's sharp losses on the back of swelling U.S. crude stocks and easing fears of an escalation in conflict between the United States and Iran.
Lebanese judicial authorities have asked Japan for its file on Carlos Ghosn, including the charges against him, and will not question him again until the information is received, a Lebanese judicial source told Reuters on Thursday after Ghosn was questioned.
Willie Walsh, the chief executive of British Airways-owner IAG , will step down from the airlines group he helped to build later this year and hand the reins to Luis Gallego.
"Later on in the year we'll re-open those sales" to fly to space, Virgin Galactic CEO Whitesides told CNBC.
For older Americans who are retiring but want to delay taking Social Security to let their benefits grow as much as possible, a specific type of annuity might help bridge the gap.