Business News

British Airways was labelled a "national disgrace" by lawmakers for its treatment of employees on Saturday, adding to pressure on the airline as it juggles job cuts and new quarantine rules.

A series of studies in mice of Moderna Inc's COVID-19 lent some assurance that it may not increase the risk of more severe disease, and that one dose may provide protection against the novel coronavirus, according to preliminary data released on Friday.

Home rental firm Airbnb struck a partnership with Brazil's Sao Paulo state to encourage tourism once the novel coronavirus crisis has passed, a company executive said on Friday.

Britain's Cineworld Group Plc said on Friday it abandoned its deal to buy Canada's Cineplex Inc, citing breaches in the merger agreement between the cinema operators.

Google and the National Football League have joined a growing list of U.S. private sector organizations choosing to commemorate June 19th, the date marking the emancipation of the last remaining slaves at the end of the U.S. Civil War.

U.S. stocks ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier, but all three major indexes suffered their biggest weekly percentage declines since March.

A bankruptcy judge on Friday approved Hertz Global Holdings Inc's proposal to sell up to $1 billion in shares, as the car rental firm looks to cash in on a huge speculative rise in its share price since filing for bankruptcy late last month.

A bankruptcy judge on Friday approved Hertz Global Holdings Inc's proposal to sell up to $1 billion in shares, as the car rental firm looks to cash in on a huge speculative rise in its share price since filing for bankruptcy late last month.

A Facebook Inc employee who criticized Chief Executive Mark Zuckerberg's decision not to take action against inflammatory posts by U.S. President Donald Trump this month said on Friday that the social media company had fired him.

A Kansas regulatory commission disclosed that it is considering an investigation into whether power utility Evergy Inc's agreement with hedge fund Elliott Management could end up costing consumers.

A Brazilian labor court on Friday ordered the closure of a chicken plant owned by the world's largest meatpacker, JBS SA, in the southern state of Rio Grande do Sul for 14 days while the company's workforce is tested for COVID-19.

First Majestic Silver Corp has asked Canada's ambassador to Mexico to intervene in an escalating tax dispute with President Andres Manuel Lopez Obrador's government, the Canadian miner's chief executive said on Friday.

Zoom Video Communications, whose remote meeting app made the obscure California company a hub for global communications during the coronavirus pandemic, now finds itself fighting political battles in Washington and Beijing.

Global equity markets rose in choppy trading on Friday as concerns triggered by the U.S. Federal Reserve's less-than-optimistic outlook for an economic recovery and a jump in U.S. coronavirus cases gave investors pause.

* U.S. stocks post biggest weekly percentage drops since March 20

Shareholders of Mexico's stock exchange on Friday elected Marco Martinez, the former president of Spanish bank Santander's Mexican unit, to be its new board president.

* Indexes: Dow up 1.9%, S&P 500 up 1.3%, Nasdaq up 1% (Updates close with details)

California investigators are examining Amazon.com Inc's business practices as part of an inquiry into the company, the Wall Street Journal reported on Friday, citing people familiar with the matter.

California investigators are examining Amazon.com Inc's business practices as part of an inquiry into the company, the Wall Street Journal reported on Friday, citing people familiar with the matter.

U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover.