The head of the U.S. Centers for Disease Control and Prevention warned the COVID-19 pandemic, still raging with unprecedented fury nationwide, will pose the country's grimmest health crisis yet over the next few months, before vaccines become widely available.
Business & Financial News, U.S & International Breaking News
Analysis: More U.S.-listed Chinese firms seen seeking backup listings as new audit law looms
The rush by U.S-listed Chinese companies to secure a secondary listing in Hong Kong or China is only set to intensify as the United States readies a new law allowing it to kick firms off its exchanges if they do not comply with U.S. auditing rules.
U.S. Republicans balk as Trump uses defense bill for leverage on Big Tech
President Donald Trump's threat to veto a defense bill if it does not repeal legal protections for social media companies faced stiff bipartisan opposition on Wednesday, setting the stage for a confrontation with lawmakers scrambling to pass the massive bill by year-end.
American Airlines goes full throttle to restore Boeing MAX fleet
American Airlines' maintenance team is scrambling to complete safety changes to its fleet of Boeing 737 MAX jets ahead of a phased return to service, while deliveries of new jets are set to begin as early as this week.
EU envoys urge Britain to compromise to secure Brexit trade deal
European Union negotiators have moved to "within millimetres" of the limits of their negotiating mandate at Brexit trade talks so it is up to London to compromise if a deal is to be reached, an EU diplomat said on Thursday.
European shares lower after vaccine shots dull COVID economic pain
European shares opened lower on Thursday after gains spurred by advances in vaccines to fight COVID-19, but data across Europe underscored the economic damage still being caused by the pandemic.
Hong Kong media tycoon Jimmy Lai denied bail after fraud charge
Hong Kong media tycoon and pro-democracy activist Jimmy Lai was denied bail on Thursday on a charge of fraud related to the lease of a building that houses his Apple Daily, an anti-government tabloid.
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