By Chuck Mikolajczak and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The Nasdaq closed lower on Friday, as data showed a sharp slowdown in U.S. employment growth and investors worried lawmakers would fail to agree on another...
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WarnerMedia restructures to focus on HBO Max, senior executives out
By Kenneth Li (Reuters) – WarnerMedia executives Bob Greenblatt and Kevin Reilly, who oversaw the creation of the HBO Max streaming business, will leave as part of a broad restructuring focused around the streaming service, the...
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UPS plans heavy holiday fees amid coronavirus-related shipment surge
(Reuters) – United Parcel Service Inc plans to impose big fees on large shippers sending significantly more packages through its system during the holiday season amid the coronavirus pandemic, according to a new fee schedule...
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U.S. judge denies bail to two men accused of aiding Ghosn escape
By David Shepardson and Nate Raymond (Reuters) – A U.S. district judge on Friday denied bail to two Massachusetts men accused of helping orchestrate former Nissan Motor Co Chairman Carlos Ghosn’s escape from Japan. Judge...
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TikTok prepares advertisers for possible app ban
By Sheila Dang (Reuters) – TikTok is preparing advertisers for a possible ban of its app in the United States, ad buyers said, offering refunds for ad campaigns that are unable to run. The short-form video app’s advertising...
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Slowing U.S. job growth, rising COVID-19 raise doubts on the recovery’s strength
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment growth slowed considerably in July, underscoring an urgent need for additional government aid as a resurgence of COVID-19 infections threatens to snuff out the nascent...
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