Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations
WASHINGTON (Reuters) – The Federal Trade Commission is set to announce on Wednesday that Facebook Inc (FB.O) has agreed to…
Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract
WASHINGTON (Reuters) – Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a…
Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei…
UK parliamentary committee questions StanChart’s remuneration policy
FILE PHOTO: A logo of Standard Chartered is displayed at the financial Central district in Hong Kong, China November 23,…
Ryanair Irish pilot union to decide on strike ballot next week
FILE PHOTO: Passengers disembark a Ryanair flight at Dublin International Airport in Dublin, Ireland. Aug 23, 2018. REUTERS/Hannah McKay DUBLIN…
BMW picks Oliver Zipse as new CEO
FRANKFURT (Reuters) – BMW (BMWG.DE) said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert…
U.S. Justice Department may sue to block Sprint, T-Mobile merger: source
WASHINGTON (Reuters) – The U.S. Justice Department has told T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) to wrap up…
Tech executives head to Capitol Hill for antitrust hearing
WASHINGTON (Reuters) – Executives from tech giants Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet’s Google go before the House…
SEC reaches $60 million settlements involving ex-American Realty executives
NEW YORK (Reuters) – Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it,…
U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm
FILE PHOTO: A Qualcomm sign is pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song…
Indivior says Reckitt settlement in U.S. unrelated to its cases
(Reuters) – Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Anadarko shareholders to vote next month on Occidental deal
Anadarko Petroleum Corporation is seen in The Woodlands, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott HOUSTON (Reuters) – Anadarko Petroleum…
Boeing reshuffles management of grounded 737: memo
SEATTLE/PARIS (Reuters) – Boeing Co (BA.N) has reassigned the head of its next airplane project to run the troubled 737…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Appeals court panel grills Democratic defenders on constitutionality of Obamacare
NEW ORLEANS (Reuters) – A federal appeals court panel grilled Democratic attorneys general on Tuesday about whether Obamacare violates the…
U.S. judge strikes down Trump administration rule requiring drug prices in TV ads
(Reuters) – A federal judge on Monday dealt a blow to the Trump administration by striking down a new rule…
Mexico issues arrest warrants for ex-Pemex CEO Lozoya, family members
FILE PHOTO – Emilio Lozoya, former chief Executive Officer of Petroleos Mexicanos (Pemex) attends a news conference at a hotel…
Proxy adviser Glass Lewis recommends EQT shareholders vote for company’s nominees
(Reuters) – Proxy adviser Glass Lewis & Co has recommended that investors in natural gas producer EQT Corp vote in…
Deutsche Bank in wealth management hiring spree
LONDON (Reuters) – Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by…
Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020
LOS ANGELES (Reuters) – Theranos founder Elizabeth Holmes and her former second-in-command at the Silicon Valley blood-testing startup were ordered…
Deutsche Bank board to meet July 7 to decide on cutting jobs: sources
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) –…
Icahn steps up fight with Occidental over deal, wants board seats
(Reuters) – Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of…
WarnerMedia names Ann Sarnoff as CEO of Warner Bros
FILE PHOTO: Ann Sarnoff, Chief Operating Officer of BBC Worldwide America, speaks during the 2011 Bloomberg Media Summit in New…
Boeing says will take time to win back confidence
PARIS (Reuters) – The head of Boeing said on Sunday the U.S. planemaker had made a mistake in implementing a…
Court grants American Airlines’ request to end ‘devastating’ slowdown by unions
FILE PHOTO: American Airlines Boeing 737 MAX jets sit parked at a facility in Tulsa, Oklahoma, U.S., May 10, 2019.…
U.S. drugmakers file lawsuit against requiring drug prices in TV ads
FILE PHOTO: Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30,…
Local labor laws apply to Ryanair employees: Belgian court
FILE PHOTO: Ryanair logo is pictured on the the jacket of a cabin crew member ahead of a news conference…
Papa John’s dismisses KPMG as its auditor, hires EY
FILE PHOTO: The Papa John’s store in Westminster, Colorado, U.S. August 1, 2017. REUTERS/Rick Wilking (Reuters) – Papa John’s International…
U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source
WASHINGTON (Reuters) – The U.S. Justice Department is set to decide as early as next week whether to approve the…
Republican senator criticizes potential dual U.S. antitrust tech probes
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files. REUTERS WASHINGTON (Reuters)…
Nissan CEO: Will discuss differences in views with ‘important’ partner Renault – Jiji
FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa speaks during a news conference at its global headquarters building…
Prosecutors investigate VW works council boss in pay inquiry
FILE PHOTO: Bernd Osterloh, head of VW’s works council, poses for the media at a production line at the Volkswagen…
Uber chief executive laments U.S. trade policy for lackluster IPO
WASHINGTON/NEW YORK (Reuters) – Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company’s initial public offering last month…
Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt
WASHINGTON (Reuters) – Ten states led by New York and California filed a lawsuit on Tuesday to stop T-Mobile US…
Kraft Heinz completes internal probe into its procurement practices
(Reuters) – Kraft Heinz Co said on Friday the numbers it restated last month were accurate following completion of an…
Fiat Chrysler sales chief files whistleblower suit over SEC probe
WASHINGTON (Reuters) – Fiat Chrysler Automobiles’ U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to…
Spelling errors, video show Huawei rival stole trade secrets, U.S. jury hears
SHERMAN, Texas (Reuters) – A former engineering manager used Huawei Technologies Co Ltd trade secrets and lured away 24 of…
U.S. moving toward major antitrust probe of tech giants
WASHINGTON (Reuters) – The U.S. government is gearing up to investigate the massive market power of Amazon, Apple, Facebook and…
Exxon shareholders reject resolutions on climate and separating CEO: chairman
DALLAS (Reuters) – Exxon Mobil Corp shareholders on Wednesday rejected a proposal to split the chief executive officer and board…
France wants FCA-Renault job guarantees and Nissan on board
PARIS (Reuters) – France will seek protection of local jobs and other guarantees in exchange for supporting a merger between…
Jet Airways founder Naresh Goyal and wife stopped from leaving India – airport official
(Reuters) – Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving…
Jet Airways founder Naresh Goyal and wife stopped from leaving India – airport official
(Reuters) – Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving…
Nissan retains Saikawa as CEO, in likely rebuff of Renault
TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the…
Nissan’s Saikawa to stay on as president, Renault chief to join board: sources
FILE PHOTO: Thierry Bollore, Chief Executive Officer of Renault, poses as he attends French carmaker Renault’s 2018 annual results presentation…
Wells Fargo CEO search hobbled by pay limitations: sources
NEW YORK (Reuters) – Wells Fargo & Co’s hunt for a new CEO is being impeded by limits on how…
U.S. says Huawei lawyer’s prior work at Justice Department poses conflict
(Reuters) – Huawei Technologies Co Ltd lawyer James Cole’s prior work at the U.S. Department of Justice created a conflict…
GE’s rising bonds offer another endorsement of CEO Culp
NEW YORK (Reuters) – General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week…
Warren Buffett: Berkshire discloses enough about itself
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at…
Kraft Heinz banks on Anheuser-Busch executive in strategy shift
(Reuters) – Kraft Heinz Co replaced Chief Executive Officer Bernardo Hees with Anheuser-Busch InBev veteran Miguel Patricio, changing leadership after…
Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use
NEW YORK (Reuters) – Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another…
Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
NEW YORK (Reuters) – Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others…
Foxconn’s Gou says will follow order of sea goddess to run for Taiwan presidency
FILE PHOTO: Terry Gou, founder and chairman of Foxconn, greets during an event that marks the 40th anniversary of the…
Intel says to exit 5G smartphone modem business
FILE PHOTO: Intel’s logo is pictured during preparations at the CeBit computer fair, which will open its doors to the…
Italy’s UniCredit to pay $1.3 billion to settle U.S. sanctions probe
(Reuters) – Italy’s top bank UniCredit SpA and two subsidiaries have agreed to pay $1.3 billion to U.S. authorities to…
Foxconn says Gou will remain chairman, to withdraw from daily operations
FILE PHOTO: Terry Gou, founder and chairman of Taiwan’s Foxconn Technology, attends a session of the second annual World Internet…
Exclusive: Loeb’s Third Point building stake to pressure Sony – sources
(Reuters) – Daniel Loeb’s hedge fund Third Point LLC is building a stake in Sony Corp to push for changes…
Swedbank chairman quits over money laundering scandal
STOCKHOLM (Reuters) – Swedbank Chairman Lars Idermark has quit only a week after the lender’s chief executive was ousted over…
Factbox: Who are PG&E's new directors?
PG&E Corp on Wednesday appointed Tennessee Valley Authority Chief Executive Officer William Johnson as its CEO and added 10 members…