Nikola Corp said on Friday it could take legal action against Hindenburg Research, a day after the short-seller issued a scathing report accusing the electric truck maker of being a "fraud".
The U.S. labor market and broader economy made some gains this week, which history shows should be good news for President Donald Trump's re-election campaign.
Oil prices were little changed on Friday, but posted their second straight weekly lost as investors expect a global glut to persist due to sagging demand with COVID-19 cases rising in some countries.
The S&P and Nasdaq were lower on Friday as early gains in the technology sector and growth names faded, with each of the three major Wall Street averages on track for their second straight weekly decline.
Investors are shifting their focus to the Federal Reserve’s monetary policy meeting next week as they seek cues following a recent technology-led U.S. market sell-off.
Apple Inc on Friday published a revision of some of its App Store review guidelines https://developer.apple.com/app-store/review/guidelines, loosening some restrictions on streaming game services, online classes and when developers must use its in-app purchase system, which charges a 30% commission.
SoftBank Group Corp is considering changing its strategy of using derivatives to invest in tech stocks, Bloomberg News reported citing people familiar with the matter.
The South African unit of Unilever will set up an advisory board and a diversity committee after apologising for a hair care advert which it admitted was "racist", the consumer group said on Friday.
Beijing opposes a forced sale of TikTok's U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the United States, three people with direct knowledge of the matter said on Friday.
Global equities treaded water and U.S. government bonds edged higher on Friday as investors weighed better-than-expected corporate earnings and increased M&A activity in Europe against political concerns ranging from the U.S. elections to Brexit.
Microsoft will on Tuesday launch its Xbox cloud gaming service priced at $1 for new users' first month, in a major drive to attract casual gamers and as competition with Sony heats up. Ciara Lee reports
U.S. consumer prices rose solidly in August with the cost of used cars and trucks increasing by the most in more than 51 years as Americans shunned public transportation. Fred Katayama reports.
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