PayPal Holdings Inc said on Thursday it was pledging $530 million to support black and minority-owned businesses in the United States and foster diversity, amid worldwide protests over racial injustice.
The amount you pay out of pocket through Medicare could climb well into six-figure territory over the course of your retirement, depending on your specific coverage and your use of the health-care system.
Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has filed confidentially with U.S. regulators for an initial public offering (IPO) of a blank-check investment vehicle that could raise more than $1 billion and be the biggest of its kind, according to people familiar with the matter.
Drivers working for ride-hailing services such as Uber Technologies Inc and Lyft Inc will now be considered employees under California's new gig worker law, the state's public utilities agency said on Thursday.
"I think you just kind of have to let it come down and see whether there's anything left of the day traders after they have their margin calls," said "Mad Money" host Jim Cramer.
Volkswagen on Thursday apologised for posting on its Instagram page last month an advert widely criticised as "racist", and said it was published because of a lack of cultural sensitivity.
The S&P 500 and the Dow Jones hit a one-week low on Thursday, after a sharp climb over the past month, as investors worried about a second wave of coronavirus infections and a grim forecast for the economy from the Federal Reserve.
British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous artists like Damien Hirst to raise millions of pounds to help it through the coronavirus pandemic.
Delta Air Lines Inc is launching next week a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic and Quest Diagnostics Inc, Chief Executive Ed Bastian said in an employee memo on Thursday.
Oil prices slumped on Thursday, dragged down by another record build-up in U.S. crude inventories and the U.S. Federal Reserve's projections that the world's biggest economy would shrink 6.5% this year.
Oil prices tumbled around 7% on Thursday, fueled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while the United States saw another large build in crude inventories.
CNBC's Courtney Reagan says she and others in her age group are hopeful that the American economy will be resilient, as it has been in the past.
Amid the coronavirus crisis, the temporary relief program offered by Goldman Sachs allows Apple cardholders to skip a payment without incurring interest.
CSA | Release | June 11, 2020 Montreal - Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Financial Supervisory Commission of Taiwan (FSC). The members are the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan. The agreement extends the work
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.