updated - August 11, 2020 Tuesday EDT
After an unexpected decline in April, sales of previously owned houses in the U.S. in May bounced back to its strongest growth since November 2009 as new home buyers became more confident in purchasing residential properties.
Facebook is giving Youtube more reasons to look over its shoulder as the social media network is increasingly becoming a viable outlet for online video ads that have been dominated by Google's video arm.
Faced with the possibility of not having pop star Taylor Swift's hit album "1989" on its music streaming service, Apple Inc. reversed a policy of not paying artists whose music are used by subscribers during a trial period after the musician lashed out against it.
Anthem Inc., the U.S. second largest health insurer, has offered to buy smaller rival Cigna Corp. for about $47 billion as industry players rush to consolidate to manage costs as applications rise due to the the Obama administration's landmark Patient Protection and Affordable Care Act.
Struggling to replicate its early success coming from the popularity of its founder and challenged by changing taste of audiences, multimedia and merchandising company Martha Stewart Living Omnimedia Inc. is reportedly close to being bought by a firm that licences popular brands.
Inflation in the U.S. rose for the fourth straight month in May largely driven by rising gasoline prices, but the slow increase might give the Federal Reserve more reason to continue keeping interest rates low.
The California Labor Commission ruled that a driver for ride sharing service provider Uber is an employee and not a contractor, a decision that could potentially bloat its costs and affect other crowdsource service providers.
For the first time in 40 years, American fastfood chain McDonald's Corp. will close more restaurants in the U.S. than it is opening as the company continues to struggle against increased competition, preference for healthier food and loaded menus that slow down service.