U.S. economy grows steadily in fourth-quarter, but coronavirus looms large
The U.S. economy grew moderately in the fourth quarter, the government confirmed, and is facing a bumpy road in early 2020 amid the fast-spreading coronavirus...
U.S. pending home sales jump 5.2% in January
Contracts to buy previously owned U.S. homes rebounded in January to their second-highest monthly figure in about two years as low mortgage rates boosted sales....
Opioid companies say lawyers’ fee demand threatens settlement talks
Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned that settlement talks will be...
Fed seen slashing rates amid virus threat, low inflation
The Federal Reserve may need to move aggressively to cut borrowing costs to cushion the economy from the rapid spread of the new coronavirus, in...
Pfizer warns of hit to financial results on continued coronavirus outbreak
Pfizer Inc on Thursday warned that the continued spread of the coronavirus globally could have an adverse impact on its financial results....
Telecom Italia picks KKR as partner for Italian broadband
Telecom Italia (TIM) on Thursday picked KKR as exclusive partner to develop a fibre-optic network, saying its board had taken positive note of a non-binding...
Exclusive: U.S. mulls using sweeping powers to ramp up production of coronavirus protective gear
President Donald Trump’s administration is considering invoking special powers through a law called the Defense Production Act to rapidly expand domestic manufacturing of protective masks...
Coronavirus could impact NHL’s plans to play in China this year
The coronavirus epidemic could impact the National Hockey League’s plans to have preseason games in China later this year, according to a report on the...
Djokovic bamboozles despairing Khachanov with drop shots in Dubai
Novak Djokovic used a dizzying array of drop shots to make short work of Karen Khachanov at the Dubai Open on Thursday, reaching the semi-finals...
Schools shut, travel curbed as world scrambles to fight coronavirus
Governments battling coronavirus epidemics from Iran to Australia shut schools, canceled big events and stocked up on medical supplies on Thursday in a race to...