Business

News Hour: New claims for jobless benefits sank at the end of April, and the total number of people receiving unemployment benefits hit a 17-year low, the US Labor Department reported on Thursday. The figures were...

News Hour: A Spanish court is probing seven former executives of HSBC’s private Swiss bank on suspicion of money laundering following an investigation of documents in the “Swissleaks” scandal on bank-supported tax evasion, legal sources told...

News Hour: Alphabet Inc’s Google has agreed to pay 306 million euros ($334 million) to settle a tax dispute with Italy, the company and the country’s tax authority said on Thursday. Last year Italian tax police...

News Hour: Facebook on Wednesday reported that its quarterly profit surged as its ranks of monthly users closed in on two billion, but warned of rising expenses and slowing revenue growth. The leading social network said...

News Hour: Apple chief Tim Cook on Wednesday announced Apple is creating a fund to get more people in the US to do “advanced manufacturing,” kicking it off with a billion dollars. Apple investing in high-tech...

News Hour: Twitter is launching a 24-hour streaming news channel in partnership with the Bloomberg Media, in a major expansion of the social media firm’s video operations, the two firms announced on Monday. The new streaming...

News Hour: Apple reported a rise in quarterly profits on Tuesday, but its shares took a hit from weaker iPhone sales ahead of a 10-year-anniversary model on the horizon. Apple said its profit climbed 4.9 percent...

News Hour: Autonomous vehicle start-up Zoox said on Monday Corrado Lanzone, former operations director of Ferrari SpA’s racing division, has joined the California-based company as its vice president of manufacturing operations, reports Reuters. Lanzone joins Zoox...

News Hour: The urban farm craze is finding fertile ground in New York, where 10 young entrepreneurs are learning to grow greens and herbs without soil, bathed in an indoor, psychedelic light. In a “hothouse” of...

News Hour: Within the first week of the launch of its flagship devices P10 and P10 Plus in the Bangladesh market, Huawei has received an overwhelming response from customers. To make it more exciting, the company...