LATAM Airlines bondholders in talks to supply up to $1.5 billion loan, sources say
A group of bondholders of LATAM Airlines Group SA are in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter...
Taco Bell parent Yum sues Grubhub for allegedly violating delivery deal
Taco Bell parent Yum Brands Inc sued Grubhub Inc on Thursday for allegedly violating a delivery contract, a day after Europe’s Just Eat Takeaway.com agreed...
Wall Street plunges to close with biggest one-day loss since March 16
Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve....
Wall Street plunges to close with biggest one-day loss since mid-March
Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve....
Microsoft bans police face recognition sales as Big Tech reacts to protests
Microsoft Corp on Thursday said it would await federal regulation before selling facial recognition to police departments, making it the latest big firm to back...
Oil prices slump 8% as virus-related demand concerns resurface
Oil prices tumbled about 8% a barrel on Thursday, fuelled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while...
Yum sues Grubhub for allegedly violating delivery deal
Yum Brands Inc filed a lawsuit against Grubhub Inc on Thursday for allegedly violating terms of a food delivery deal, a day after Europe’s Just...
Nestle explores sale of Pure Life in overhaul of water business
Nestle is exploring a potential sale of part of its North American water business, including the Pure Life brand, it said on Thursday, as the...
A month into reopening, no clear turn for U.S. economy or pandemic
A month into efforts to broadly reopen the U.S. economy there is little clarity either on the pace and durability of the recovery, or on...
Google to ban targeting housing ads based on gender, age
Alphabet Inc’s Google said on Thursday it would stop allowing housing, employment and credit ads to be targeted to users based on their postal code,...