Business & Financial News, U.S & International Breaking News

U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.

Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent.

U.S. President Donald Trump spoke in a prerecorded video to thousands of anti-abortion activists in Washington on Friday for the 46th March for Life, vowing to veto any legislation that "weakens the protection of human life."

U.S. stocks rallied on Friday, helping Wall Street's major indexes advance for the fourth consecutive week, as increased hopes the United States and China would resolve their trade dispute lifted shares across sectors.

The U.S. Treasury on Friday released final regulations for a tax deduction of up to 20 percent for U.S. businesses organized as so-called pass-through entities, under President Donald Trump's 2017 overhaul of the U.S. tax system.

Singer Gladys Knight has defended her decision to perform the U.S. national anthem after receiving criticism from supporters of former quarterback Colin Kaepernick, who used the pre-game tradition to protest racial injustice.