WeWork's junk bond price dropped and its risk premium shot to a record high on Thursday following a report that its main backer had yet to deliver on a plan to buy $3 billion of stock from existing shareholders.
The 50 attorneys general investigating advertising practices at Alphabet Inc's Google are planning to expand their antitrust probe into the unit's flagship Android business, CNBC reported on Thursday, citing people familiar with the matter.
World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war's impact on global growth.
Boeing Co has scaled back use of automation to make fuselage sections for its 777 jetliners amid reports of reliability issues and returned to having mechanics do some of the work, the planemaker said on Thursday.
The European Cockpit Association (ECA) pilot group has urged regulators to take action over what it described as a "safety hazard" caused by Ryanair's approach to flight crews' sick leave, according to a letter seen by Reuters.
Dallas Federal Reserve Bank President Robert Kaplan said he does not expect the U.S. economy to enter a recession next year, and he was optimistic that the strong consumer can help the U.S. economy overcome potential headwinds.
World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the impact of the U.S.-China trade war on global growth.
A U.S. bankruptcy judge on Thursday approved a process for the sale of the Philadelphia Energy Solutions oil refinery, the largest and oldest on East Coast, under which city officials and a trade union will consult on the matter.
PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub's models after it found the adult entertainment website made certain payments without the permission of the payment processor.
Ford Motor Co will tag its new electric sport utility vehicle (SUV) with the Mustang name, the automaker said on Thursday, seeking to entice customers into a new era by linking it to the model whose groundbreaking design in the 1960s combined sportiness and affordability.
U.S. Attorney General William Barr said on Thursday that Huawei Technologies Co and ZTE Corp "cannot be trusted" and labeled them a security threat as he backed a proposal to bar U.S. rural wireless carriers from tapping an $8.5 billion government fund to purchase equipment or services from them.
Oil prices were mixed on Thursday as U.S. crude futures were pressured by a build in domestic inventories and record production, while forecasts from the Organization of the Petroleum Exporting Countries for a lower-than-expected oil surplus supported Brent.
Wall Street's main indexes slipped from near record levels on Thursday, as a dour forecast from tech stalwart Cisco Systems raised fresh questions about the global economy's health and overshadowed a strong report from big box retailer Walmart.
The way U.S. bond markets responded to recent Federal Reserve interest rate cuts could be "bullish" for the economy, St. Louis Federal Reserve President James Bullard said on Thursday, adding he was ready to keep rates on hold and see how it plays out.
German broadcaster ProSiebenSat.1 is more interested in collaborating in digital growth areas than in a full-blown merger, Chief Executive Max Conze said on Thursday after Italy's Mediaset raised its shareholding.