May 23, 2020

Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic

The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the […]
May 23, 2020

Large employers push back on U.S. healthcare mergers during coronavirus crisis

A group representing some of the largest U.S. employers has asked Congress for a year-long ban on mergers and acquisitions among hospitals and doctors groups that […]
May 23, 2020

Uber customer claims company won price-fixing suit because arbitrator was scared

An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator […]
May 23, 2020

U.S. agencies ask FCC to rescind Ligado spectrum decision

A group of U.S. agencies on Friday asked the Federal Communications Commission (FCC) to reconsider its unanimous April 22 decision to allow Ligado Networks [MOSAV.UL] to […]
May 22, 2020

Dozens of Chinese companies added to U.S. blacklist in latest Beijing rebuke

The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur […]
May 22, 2020

Business groups push Trump to keep skilled-worker visas amid pandemic

A range of business groups have made an 11th-hour appeal to U.S. President Donald Trump as he weighs whether to restrict temporary work visas, warning of […]
May 22, 2020

Wall Street Week Ahead: Investors look beyond drug makers as hunt for Covid-19 treatment heats up

Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks. Powered by […]
May 22, 2020

Automaker trade backs U.S. on effort to weaken fuel efficiency rules

A group representing many major automakers on Friday backed the Trump administration’s decision to weaken Obama administration fuel efficiency standards but said it opposed further reductions […]
May 22, 2020

Wall Street ends mixed as China-U.S. tensions weigh

Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-U.S. tensions and amid ongoing uncertainty […]
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