Due to excessive operational expenses and network fees, Twitch, the streaming division of Amazon, said on Tuesday that it will cease operations in South Korea in February of the next year.

Dec 06, 2023 07:50 AM EST

The Biden administration pledged $3 billion on Tuesday to assist start constructin track for a planned high speed rail connection between Las Vegas and the Los Angeles area, Nevada elected leaders said.

Dec 05, 2023 09:47 PM EST

The prolonged economic crisis has affected millions of Pakistanis, as the nation receives its 23rd bailout from the International Monetary Fund (IMF) since 1958.

Dec 05, 2023 10:50 AM EST

Nokia's stock fell to a three-year low after the telecom giant missed out on a significant agreement to launch a new network in the United States alongside AT&T, the industry titan.

Dec 05, 2023 10:33 AM EST

On Tuesday, the Supreme Court will hear arguments in a much-awaited case that some fear might have far-reaching effects on the US tax system and derail Democratic attempts to impose a wealth tax.

Dec 05, 2023 08:15 AM EST

China's biggest state-owned banks were observed on Tuesday exchanging dollars for yuan in the onshore swap market and then selling those dollars in the spot market to strengthen the yuan.

Dec 05, 2023 08:07 AM EST

Spotify has announced the termination of 17% of its worldwide personnel, the music streaming service's third wave of layoffs this year as it works to cut expenses while concentrating on profitability.

Dec 05, 2023 01:17 AM EST

According to a study issued on Monday, the majority of business economists believe that even if the employment market eventually weakens due to rising interest rates, the U.S. economy might escape a recession in 2024.

Dec 04, 2023 09:31 AM EST

Maersk, a Danish shipping giant, said on Monday that it will invest more than $500 million to develop its South-East Asian supply chain infrastructure.

Dec 04, 2023 09:09 AM EST

For the second day in a row, gold prices broke beyond $2,100 on Monday, as the world's appetite for metal looks certain to persist.

Dec 04, 2023 07:08 AM EST

For the first time this year, Bitcoin has above $40,000 as traders await the upcoming approval of U.S. stockmarket-traded bitcoin funds and the widespread excitement surrounding U.S. interest rate reduction.

Dec 04, 2023 04:53 AM EST

Alaska Airlines said on Sunday that it has reached an agreement to acquire Hawaiian Airlines for $1.9 billion, including debt, positioning the airline for possible conflict with the Biden administration, which has expressed apprehension over increased sector rates.

Dec 03, 2023 11:23 PM EST

A number of companies are advising customers not to bother returning items for a refund due to the high expense of processing, repackaging, and trying to resell stuff. Rather, they are stating that you may retain it and still receive a refund.

Dec 02, 2023 12:30 PM EST

On Thursday, the Biden administration has compelled a venture capital firm supported by Saudi Aramco to sell its stake in a Silicon Valley AI chip business that is supported by Sam Altman, the co-founder of OpenAI.

Dec 02, 2023 11:02 AM EST

President Joe Biden's aim of having half of all new passenger vehicles sold in the United States run on electricity by 2030 may be hampered by new restrictions that were announced on Friday.

Dec 02, 2023 08:43 AM EST