Business

United plans to furlough 16,000 workers, fewer than expected

United Airlines said Wednesday it plans to furlough 16,370 employees in October, a smaller number than the airline predicted in July because thousands of workers agreed to leave with the travel industry facing a slow recovery ...

Business

EU launches 'in-depth' probe of Google bid for Fitbit

The European Commission launched an "in-depth investigation" on Tuesday into whether US tech giant Google's planned $2.1 billion purchase of smartwatch maker Fitbit would give it an unfair market advantage.

Business

Study shows explosive growth in time spent streaming TV

Streaming services like Netflix or Hulu account for 19% of television viewing in the United States now for people who have that capacity, virtually double what it was less than two years ago, a report out Wednesday said.

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