Bloomberg The furlough program deployed by UK Chancellor of the Exchequer Rishi Sunak to avert mass job losses comes to an end as a resurgence of coronavirus leaves the economy vulnerable to another shock. At their height, government wage subsidies protected almost 9 million jobs and the cost has been vast — over 40 billion pounds ($52 billion) at the ...

Bloomberg Apple Inc. was told to pay VirnetX Holding Corp. $502.8 million, the latest jury verdict in a decade-long saga over patents for secure communications. The jury in Tyler, Texas, reached its verdict in about 90 minutes. It was asked to decide only how much Apple owes VirnetX in royalties for VPN on Demand, a feature that allows users access ...

Bloomberg Justin Trudeau’s fast-track visa program gave Canada an edge over the US in the global race for talent. The pandemic is eroding it, leaving some tech startups and their recruits in limbo. The visa has been used to accelerate the arrival of thousands of software engineers, computer programmers and other professionals since 2017. But the number of people entering ...