Oil prices drop on concerns about patchy demand recovery, record U.S. stocks
Oil prices fell more than 2% on Thursday on worries about slow demand growth with coronavirus cases rising, U.S. crude stockpiles hitting an all-time high...
Goldman Sachs employees to start returning to U.S. offices from June 22
Goldman Sachs Group Inc said on Wednesday it plans to start the return of an initial group of its employees to its offices in New...
Amazon pauses police use of its facial recognition tech for a year
Amazon.com Inc on Wednesday said it was implementing a one-year moratorium on police use of its facial recognition software, halting a business it long defended...
Oil prices slide on concerns about patchy demand recovery, record U.S. stocks
Oil prices fell in early trade on Thursday on worries about slow demand growth with coronavirus cases rising, U.S. crude stockpiles hitting an all-time high...
American Airlines CEO says burning less cash but demand outlook still uncertain
American Airlines Chief Executive Doug Parker said on Wednesday that he expects a daily cash burn of about $40 million in June, down from a...
White House works to move stalled airline contact tracing plan: sources
The White House wants a plan in place by Sept. 1 for airlines to collect contact tracing information from U.S.-bound international passengers, but will not...
Amazon pauses police use of facial recognition tech for a year
Amazon.com Inc on Wednesday said it was implementing a one-year moratorium on police use of its facial recognition software, reversing its long-time support of selling...
Europe’s Just Eat Takeaway to buy Grubhub for $7.3 billion
European food ordering firm Just Eat Takeaway.com NV said on Wednesday it had agreed to buy U.S. peer Grubhub Inc in an all-stock deal that,...
Tailored Brands may seek Chapter 11 protection if COVID effect continues
Men’s Wearhouse owner Tailored Brands Inc said on Wednesday it may have to seek bankruptcy protection or discontinue operations, if the COVID-19 crisis continues to...
Amazon implements one-year moratorium on police use of facial recognition software
Amazon.com Inc said on Wednesday it was implementing a one-year moratorium on the use of its facial recognition software by the police following backlash over...