NEW YORK (Reuters) – Civil rights group Muslim Advocates sued Facebook Inc and its top executives on Thursday, alleging they misled the U.S. Congress and others by falsely claiming the company removes content that violates its policies.FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/Illustration/File PhotoThe lawsuit claims […]

WASHINGTON (Reuters) – President Joe Biden and his Attorney General Merrick Garland announced limited measures to tackle gun violence in the United States on Thursday, in what the White House described as a first step to curb mass shootings, community bloodshed and suicides.Slideshow ( 3 images )The new measures include plans for the Justice Department to crack down on self-assembled […]

FILE PHOTO: An unmarked A320-214SL Airbus plane is seen on the tarmac at the Airbus factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier/File PhotoPARIS (Reuters) – Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a sharp increase in activity in March, company data showed on Thursday. Airbus also […]

Check out the companies making headlines in midday trading.  Costco – The retailer's share price rose less than 1% after the company said same-store sales jumped 16% during March. Costco said that online sales rose 57.7% year over year, while net sales for the retail month of March came in at $18.21 billion, up from $15.49 billion in the same […]

FILE PHOTO: A sign outside JP Morgan Chase & Co. offices is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo(Reuters) – JPMorgan Chase & Co said on Thursday it has created a new team of bankers, who will work with companies that produce environmental-friendly goods and services. As part of the move, JPMorgan’s commercial banking division […]

FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends an economic briefing with U.S. President Joe Biden in the Roosevelt Room at the White House in Washington, U.S., March 5, 2021. REUTERS/Tom Brenner/File PhotoWASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday warned of the risk of a permanence divergence in the global economy, and urged major economies to strive […]

Fifteen percent of current retail investors first began investing in 2020, a new Charles Schwab survey showed. Schwab is dubbing the investors that jumped into the market for the first time in 2020 "Generation Investor." Newbie investors' appetite for short-term profits is going down. While 44% of Generation I was trading for the short-term in 2020, only 28% said they […]