Thursday, 17 September 2020

Canada launches emissions reduction fund from Volkswagen fine

Canada launches emissions reduction fund from Volkswagen fine

Canada launched a fund on Thursday to invest in community-based projects to curb emissions, with bulk of the money coming from a fine that Volkswagen AG paid for breaking the country's diesel emissions rules.

Facebook announces curbs on internal debate of political issues

Facebook Inc on Thursday said it would update its internal discussion policies to impose restrictions on employees' ability to debate social and political issues.

Global stocks buckle, dollar slips as investors mull Fed action

Global equity markets slid and the dollar eased on Thursday after a report showing persistently high claims for U.S. unemployment benefits reinforced the Federal Reserve's assessment of a still difficult economic outlook.

U.S. regulator seeks comments on possible risks to power grid from Huawei, others

The U.S. Federal Energy Regulatory Commission said on Thursday it is seeking comments on possible national security risks to the electric system from certain equipment and services providers. 

Wall Street falls as tech stocks sink again, jobless claims still high

U.S. stocks dropped on Thursday as technology-related shares extended a recent slide and as data showed high levels of weekly jobless claims.

TikTok faces another test: its first U.S. presidential election

TikTok, already under scrutiny over its Chinese ownership and threatened with a possible ban by U.S. President Donald Trump, is facing another major challenge: how to handle content around its first U.S. presidential election.

The Musk Method: Learn from partners then go it alone

Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world's most valuable automaker in the space of 16 years.

Herman Miller soars 34% as it rejoins dividend club

Shares of Herman Miller soared 34% on Thursday after the office chair seller posted blowout quarterly results and joined an expanding list of companies reinstating their dividends as they become more confident about recovering from the coronavirus.

ByteDance plans TikTok IPO as U.S. deal talks advance: sources

China's ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the White House, people familiar with the matter said on Thursday.

Ford says new generation F-150 pickup trucks to go on sale in November

Ford Motor Co said on Thursday it has begun production of the new generation F-150 pickup truck at its Dearborn, Michigan, facility, and expects the redesigned model to go on sale in November.

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