Electricity was shut off to nearly 750,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co (PG&E) imposed a string of planned power outages of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather.
A New Orleans-based genetics testing company and its three principals will pay $42.6 million to resolve charges they defrauded the federal government by paying kickbacks for referrals and billing for medically unnecessary tests, the U.S. Department of Justice said on Wednesday.
Tariffs are forcing China to pay attention to U.S. concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday.
Office-sharing startup WeWork on Thursday said it will open two new locations in Singapore this year, even as its seeks a $1 billion lifeline from its biggest-backer Softbank Group Corp to progress a major restructuring.
Shares of Hangzhou Hikvision Digital Technology and Zhejiang Dahua Technology Co Ltd, which were among companies blacklisted by Washington, fell sharply in early trading on Thursday.
The United States will soon issue licenses allowing some U.S. companies to supply non-sensitive goods to Chinese telecoms gear maker Huawei Technologies Co Ltd, the New York Times said on Wednesday, citing people familiar with the matter.
Tariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross on Thursday.
Oil prices fell on Thursday on concerns of lower fuel demand as talks this week between the United States and China, the world's two largest oil users, are not expected to help end the trade war between them, adding to anxieties about the global economy.
Surprised and upset by this week's U.S. blacklisting of Chinese companies, Beijing has lowered expectations for significant progress from this week's trade talks with the United States, Chinese government officials, diplomats, and investors told Reuters.
Oil futures were mixed on Wednesday as a Turkey-launched offensive in Syria and hopes of progress in ending the U.S.-China trade war supported oil, but a build in U.S. crude inventories held prices back.
Wall Street rose on Wednesday on hopes of progress in U.S.-China trade talks, though stocks pared gains late after Chinese officials said Beijing had lowered expectations for negotiations this week.
Delta Air Lines pilots are receiving record overtime, straining the airline's labor costs, partly as it adds more flights to take advantage of a gap in demand left by the grounding of the Boeing 737 MAX at rival carriers, union officials told Reuters.
Bed Bath & Beyond Inc said on Wednesday it had hired Target Corp's chief merchandising officer, Mark Tritton, as its chief executive officer, replacing long-time chief Steven Temares who left the furnishing retailer in May
You have to start somewhere when it comes to emergency savings. The point is to get started with any amount at all.
European stocks steadied on Wednesday, but sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead and the U.S.-China trade dispute triggered another round of selling.