U.S. senators move to tighten sanctions on delayed Russia-to-Germany gas pipeline
U.S. senators announced a bill on Thursday expanding sanctions on Russia’s Nord Stream 2 natural gas pipeline and targeting the project Washington says will boost Moscow’s economic and political influence in Germany and other European countries.
U.S. to revise Chinese passenger airline ban after Beijing move: sources
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue, government and airline officials said.
Oil prices steady as market awaits clarity on OPEC+ output cuts
Oil prices were little changed in choppy trade on Thursday as investors awaited a decision from top crude producers on whether to extend record output cuts.
Explainer: No one really knows how many Americans need unemployment benefits
Another 1.9 million people filed for unemployment benefits for the first time last week, according to data released by the Labor Department on Thursday, marking 11 straight weeks in which millions of Americans have filed claims for jobless benefits.
Tesla’s Elon Musk calls for breakup of Amazon in tweet
Tesla Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up, after an author complained on social media about being unable to self-publish a book via the world’s largest online retailer.
‘Stay at home stock’ Slack Technologies dips ahead of report
Shares of Slack Technologies dipped 3% on Thursday ahead of the workplace communication platform’s quarterly report, pausing a three-month rally fueled by millions of people working from home due to the coronavirus.
U.S. court blocks sales of Bayer weed killer
Bayer AG has been blocked from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product.
Trump to give agencies power to fast-track big infrastructure projects, sources say
U.S. President Donald Trump on Thursday is expected to sign an executive order that would give federal agencies emergency powers to fast-track major energy and other infrastructure projects by overriding environmental permitting requirements, two sourc…
ECB sends euro higher, stocks pause after week-long rally
The euro jumped to a 12-week high against the dollar on Thursday after another shot of European Central Bank stimulus to help economies slammed by the coronavirus pandemic, but world equity markets pulled in the reins after a strong seven-day run.
Volkswagen resumes deliveries of Golf 8 after software fix
Volkswagen is resuming deliveries of its Golf 8 model after fixing a software glitch, a spokesman said on Thursday.