Business

  • Activist investor to withdraw L Brands board nominees Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Oil prices inch up on signs of tighter global supply Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Zosano Pharma +5.9% as CEO buys $350K worth Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Nikkei: Nissan to slash production by 15% Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Duke Energy-backed rate bill advances in North Carolina legislature Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Pfizer-Lilly painkiller in lower dose misses main goals in Phase 3 study Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk’s use of Twitter, a federal judge ruled Thursday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Exclusive: New York Fed cracks down on Puerto Rico banks following Venezuela sanctions U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico’s $50 billion offshore banking industry, according to four sources and a document seen by Reuters. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Schwarzman, Dimon see China trade deal, no U.S. recession Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Exclusive: Banks shun Tereos attempt to secure wider funding – sources An attempt by French sugar group Tereos to spread risk on a 250 million euro ($281 million) loan secured earlier this year has failed to attract bidders, leaving three main creditor banks with exposure, sources familiar with the matter said. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • CFPB chief to continue review of complaints database: Reuters Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Google lets Android users in Europe choose rival browsers, search engines Users of Android devices in Europe will be able to choose rival browsers and search engines from five options starting on Thursday, a senior Google executive said, as the company tries to quell EU antitrust concerns and stave off fresh penalties. Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Pure Global to acquire The Great Canadian Hemp Company Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Cambridge Bancorp announces completion of merger with Optima Bank & Trust Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • U.S. wins WTO ruling against China grain import quotas The United States won a World Trade Organization (WTO) ruling on Thursday against China’s use of tariff-rate quotas for imported rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Chemours announces strategic partnership with UET Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • VCs bet on cannabis vaping, ED meds and mobile fertility clinics Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • First Resource Bank reports Q1 results Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Google lets Android users choose browsers to ease EU antitrust concerns Users of Android devices will be able to choose their browsers and search engines from five options starting on Thursday, a senior Google executive said, in a move aimed at addressing EU antitrust concerns and staving off fresh sanctions. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Shoppers ignore Brexit chaos as UK retail sales show surprise jump Year-on-year rise in March of 6.7% was highest since October 2016, says ONSBritain’s consumers ignored the turmoil at Westminster last month and splashed out in high street stores and online.Despite fears that spending would plummet as a result of moun… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Oil prices slip, but supply cuts support Oil prices eased on Thursday, although a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran all limited losses. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Impressive results from Nestle, Unilever Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Check Point Software Technologies beats by $0.01, beats on revenue Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Sino-U.S. trade deal negotiation makes new progress: China’s commerce ministry There has been new progress in negotiating the text of a Sino-U.S. trade deal, but work remains to be done, China’s commerce ministry spokesman, Gao Feng, told a regular news briefing on Thursday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • U.S. antitrust scrutiny tests T-Mobile’s $26 billion bet on Sprint T-Mobile US Inc’s $26 billion deal to buy Sprint Inc banked on changes in wireless technology and media streaming to win U.S. antitrust approval, but the bet now looks precarious. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Sartorius Stedim Biotech S.A. reports Q1 results Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Samsung’s Galaxy Fold already breaking? Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Grounded Jet Airways’ shares sink, rivals rush to grab market share Jet Airways shares plunged on Thursday, battered by worries about whether the grounded Indian airline would fly again, while carriers such as SpiceJet rushed in to plug a supply gap in the wake of their rival’s demise. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Gogo prices $905M in senior debt Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Boeing making ‘steady progress’ on path to 737 MAX software certification: CEO Boeing Co is making “steady progress” on the path to certifying a software update to the grounded 737 MAX and has made the final test flight before a certification flight, its chief executive said on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • LabCorp to buy Envigo’s non-clinical research services in $485M deal Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Trevena -2.7% on filing to offer up to $50M in shares Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Entercom started at Buy by B. Riley Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Pinterest prices IPO at $19, raises $1.4B Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Trump team readies PR offensive on North America trade deal’s economic effects The Trump administration is readying a public relations offensive over the economic impact of its new North American trade deal to counter a crucial report expected on Thursday that economists see as likely to show minimal gains at best. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Kinder Morgan considering third Permian gas pipeline, CEO says Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • ServiceNow -2.5% after Atlassian earnings Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Pier 1 Imports CFO to depart, likely to shut over 45 stores in 2020 Pier 1 Imports Inc’s Chief Financial Officer Nancy Walsh is leaving the home furnishing retailer after a year in the job, the company said on Wednesday and reported a 13.7 percent decline in same-store sales in the fourth quarter. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • JPMorgan shuffles CFO and card services executives JPMorgan Chase & Co switched roles for two women executives on Wednesday, putting Chief Financial Officer Marianne Lake in charge of consumer lending and naming card services chief Jenn Piepszak to take Lake’s place. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Torchmark beats by $0.06, beats on revenue Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Exclusive: Spain’s Repsol suspends swap deal for Venezuelan oil under U.S. pressure Spain’s Repsol has suspended its swaps of refined products for crude with Venezuela’s state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weigh penalties for foreign firms doing business with Venezuela. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • U.S. chipmakers’ shares rally despite demand uncertainty As Qualcomm’s major victory against Apple sent semiconductor stocks to record highs on Wednesday, the sector’s strong recent rally may be at odds with uncertainty about an ongoing downturn in global demand. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Google Cloud brings on 27-year SAP veteran as it doubles down on enterprise adoption Thomas Kurian, the newly-minted CEO of Google Cloud, used the company’s Cloud Next conference last week to lay out his vision for the future of Google’s cloud computing platform. That vision involves, in part, a hiring spree to give businesses that want to work with Google more people to talk to and get help from. ...
  • United sees Boeing’s 737 MAX flying this summer, deliveries before year-end United Airlines expects Boeing Co’s grounded 737 MAX jets to return to service this summer, with deliveries resuming before the end of the year, an executive said on Wednesday, reassuring investors concerned about a prolonged suspension. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • India’s Jet Airways finds itself out of runway as funds dry up Embattled Jet Airways halted all flight operations indefinitely on Wednesday after its lenders rejected its plea for emergency funds, potentially bringing the curtains down on what was once India’s largest private airline. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Ketchup, handbags and consoles among US imports facing tariffs EU threatens $20bn of tariffs in long-running battle over Boeing and Airbus subsidiesTomato ketchup, handbags and video game consoles are among the US imports facing EU tariffs, as the European bloc hit back in the latest twist in the transatlantic dis… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Automotive Finco  declares CAD 0.0171 dividend Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Nymox Pharmaceutical leads healthcare gainers; Ionis Pharmaceuticals and GenMark Diagnostics among losers Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Weak Chinese imports push U.S. trade deficit to eight-month low The U.S. trade deficit fell to an eight-month low in February as imports from China plunged, suggesting President Donald Trump’s “America First” agenda was starting to bear fruit. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • Foxconn’s Gou throws hat in ring for Taiwan presidency, with blessing of sea goddess Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan’s 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • House prices rise at slowest rate in six years as Brexit hits growth London has biggest slump in a decade but Midlands and north-west race aheadHouse prices across Britain have increased at their slowest rate for more than six years, with London experiencing its biggest slump in a decade as Brexit concerns drag on growt… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • U.S. purchase mortgage activity hits nine-year high: MBA Applications to U.S. lenders seeking loans to buy a home climbed to their highest level in almost nine years last week even as mortgage rates increased for a second week, the Mortgage Bankers Association said on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Citi issues nine structured green bonds Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Stephens sees 43% upside in Teladoc, shares ahead 4% premarket Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Beverage peers eye PepsiCo’s solid quarter Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Morgan Stanley profit beats estimates on wealth management, lower costs Morgan Stanley beat analysts’ estimates for a quarterly profit on Wednesday on gains in its wealth management business and lower expenses, sending its shares up 3 percent. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Oil hits 2019 high above $72 on China growth, lower U.S. inventories Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in U.S. crude stocks which defied expectations and signaled firm demand, while global supply remained tight. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Futures point to stocks rising as earnings season drives on Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Bill Browder files Swedbank money laundering complaint in Latvia Bill Browder, an investor who campaigns to expose corruption, has taken a criminal complaint against Swedbank to Latvian authorities, alleging it was involved in a Russian money laundering scandal. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Freehold Royalties declares CAD 0.0525 dividend Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • China’s economy beats forecasts as stimulus offsets trade war damage – business live Rolling coverage of the latest economic and financial news, including surprisingly strong growth figures from ChinaChina’s economy boosted by factories and consumersAnnual growth holds steady at 6.4% Strongest industrial production growth in five years… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Deals Spotlight: Amazon Discounts 2018 iPad Pros to New Low Prices (Up to $200 Off) Amazon is discounting the 2018 iPad Pros this week to notable new low prices, including both the 11-inch and 12.9-inch models. These are the iPad Pros that Apple updated last fall, with a new edge-to-edge display, slimmer bezels, Face ID, and support f… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • ABB names Voser as interim CEO after Spiesshofer quits ABB Chairman Peter Voser has taken over as temporary chief executive at the Swiss engineering group, the company said on Wednesday, after CEO Ulrich Spiesshofer stepped down. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Truck drivers see orders, miles fall in latest U.S. slowdown signal At a truck stop in Ridgefield, New Jersey, driver Paul Richards reviews a notebook where he tracks miles driven and what he is hauling. His paycheck is down about 25 percent from the same period a year ago, and his weekly miles have dropped as well. Share this:Click to email this to a friend (Opens in ...
  • Sprint and T-Mobile Shares Fall After Wall Street Journal Doubts Merger Approval Sprint shares are down more than 9 percent in after-hours trading Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • University of Minnesota Student Sues Chinese Billionaire for Alleged Rape Jingyao Liu claims Liu raped her at her apartment Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Foxconn’s Gou says will follow order of sea goddess to run for Taiwan presidency Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will follow the order of a sea goddess who has told him to run in Taiwan’s 2020 presidential election, although he added he has not yet formally declared his intention to contest. Share this:Click to email this to a friend (Opens in new window)Click to ...
  • U.S., Turkey fail to break deadlock in Russian missile dispute Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • White House will not turn over documents on AT&T-Time Warner merger The White House has told two U.S. House Democrats it will not turn over documents that could show whether Republican President Donald Trump sought to intervene in the regulatory review of AT&T Inc’s $85 billion acquisition of Time Warner Inc. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • U.S. Justice Department tells T-Mobile, Sprint it has concerns about merger deal: sources The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp it has concerns about their proposed $26 billion merger in its current structure, sources familiar with the matter said on Tuesday, although no final decision has been made. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • JD.com CEO Liu sued over rape allegation Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Qualcomm stock jumps 23 percent on surprise settlement with Apple Qualcomm Inc on Tuesday won a major victory in its wide-ranging legal dispute with Apple Inc as the companies reached a surprise settlement that called for the iPhone to once again use Qualcomm modem chips. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Venezuela’s Guaido to seek to annul $8.7B ConocoPhillips award – Reuters Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • French firms rally to reconstruct Notre Dame cathedral Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)More
  • Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion Apollo Global Management LLC said on Tuesday it will acquire Smart & Final Stores Inc for about $1.1 billion, including debt, the second time the private equity firm will own the U.S. food retailer. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...