The U.S. Federal Communications Commission (FCC) is set to propose fining four major U.S. mobile phone companies expected to total at least US$200 million in total for improperly disclosing some consumer real-time location data, two people briefed on the matter said.
Tellurian Inc stock dropped on Thursday after the company said it extended the amount of time India's Petronet LNG Ltd had to finalize an agreement to buy liquefied natural gas (LNG) from Tellurian's Driftwood plant in Louisiana.
The growth slowdown in India has been dramatic, while politics takes an aggressively disturbing turn, says the Financial Times' Martin Wolf.
Home furnishing retailer Bed Bath & Beyond Inc said on Thursday it would cut about 500 jobs, including management positions, as part of a restructuring program.
The U.S. Securities and Exchange Commission said on Thursday it had ordered Wells Fargo & Co to pay US$35 million to settle charges it failed to adequately supervise investment advisers.
Occidental Petroleum Corp reported a quarterly loss on Thursday, as it took more than US$1.7 billion in impairment and other charges.
Drugmaker Mylan NV reported a nearly 60per cent fall in its fourth-quarter profit on Thursday, hurt by a higher income tax provision.
Wall Street's main indexes plunged on Thursday in their sixth straight day of declines with the S&P 500 confirming its fastest correction in history as the rapid global spread of coronavirus intensified investor worries about economic growth.
Investment-advisors are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets.
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.
