Facebook’s Zuckerberg faces employee blowback over ruling on Trump comments

San Francisco, June 1, 2020 - Facebook employees critical of CEO Mark Zuckerberg’s decision not to remove an inflammatory comment from President Donald Trump...

Tencent in talks to buy Warner Music stake: WSJ

Beijing, May 30, 2020 - Chinese internet giant Tencent Holdings Ltd is in talks to invest $200 million in Warner Music Group, ahead of...

Tesla cuts prices by as much as 6% in North America to boost demand

Beijing, May 27, 2020 - Tesla Inc has cut prices of its electric vehicles by as much as 6% in North America following a...

U.S. mortgage applications rise for sixth straight week

Washington DC, May 27, 2020 - U.S. applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market...

Delta CEO: More summer flights seen as U.S. travel slowly rises

Washington DC, May 20, 2020 - Delta Air Lines Inc is likely to increase capacity this summer by adding flights in June and July...

Taiwan’s TSMC keeps eye on China with $12 billion U.S. plant

Shanghai-Taipei, May 15, 2020 - In a race to position itself in the latest trade battle between the United States and China, Taiwan Semiconductor...

Indonesia to impose VAT on streaming, other digital services from July

Jakarta, May 15, 2020 - Indonesia will require big internet companies to pay value-added taxes (VAT) on sales of digital products and services from...

Delta hints at job cuts as it retires the Boeing 777

New York, May 14, 2020 - Delta Air Lines announced Thursday it will retire the long-range Boeing 777 aircraft and signaled plans to reduce...

Fed’s Powell says economy may face ‘extended period’ of weak growth

Washington DC, May 13, 2020 - Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp...

China announces new tariff waivers for some U.S. imports

Beijing, May 12, 2020 - China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at...