Business

UN agency: Innovation continued even as coronavirus emerged

The U.N.'s intellectual property agency said Monday that innovation marched forward last year despite the impact of the coronavirus outbreak. Technology, pharmaceuticals and biotech industries boosted their investments, even ...

Automotive

Tesla builds 1st store on tribal land, dodges state car laws

Carmaker Tesla has opened a store and repair shop on Native American land for the first time, marking a new approach to its yearslong fight to sell cars directly to consumers and cut car dealerships out of the process.

Business

In world first, bitcoin becomes legal tender in El Salvador

El Salvador on Tuesday became the first country to embrace bitcoin as legal tender, with consumer demand crashing its brand-new cyber "wallet" system even as the currency's value seesawed against the US dollar.

Business

Philippine Airlines files for bankruptcy

Philippine Airlines said Saturday it was filing for bankruptcy in the United States to slash $2 billion in debt as it tries to survive an industry gutted by the coronavirus pandemic.

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