Saudi, Russia agree to record oil cut
Business Posted OPEC and its allies led by Russia agreed on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort ...
Global stocks gain on hopes pandemic is reaching peak
Business Posted Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a ...
Zoom sued over privacy, security flaws
Business Posted Zoom Video Communications was slapped with a class action suit by one of its shareholders Tuesday, accusing the video-conferencing app of overstating its privacy standards and failing ...
Streaming service Quibi launches to housebound audiences
Business Posted A new streaming service called Quibi launched to housebound audiences on Monday, delivering movies, reality shows and news to mobile devices in chunks of ten minutes or less. Gloria T ...
Oil skids after Saudi-Russia talks delayed
Business Posted Oil prices slipped more than $1 a barrel on Monday, after the world's top producers delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets. ...
U.S. dairy farmers dump milk
Business Posted Some American dairy farmers are dumping milk despite strong demand for it amid the coronavirus pandemic. As Fred Katayama reports, supply chain disruptions are preventing farmers from ...