China’s ZTE slams U.S. ban on sales, says company’s survival at risk
HONG KONG (Reuters) – China’s ZTE Corp (0763.HK) (000063.SZ) said on Friday that a U.S. ban on the sale of parts and software to the company was unfair and threatens…
AT&T subsidiary DirecTV asks to be dropped from antitrust case
WASHINGTON (Reuters) – DirecTV, the biggest U.S. pay TV company and a subsidiary of AT&T, asked a federal court on Tuesday to drop it from the lawsuit that the government…
Starbucks to close 8,000 U.S. stores for one afternoon for racial-bias training
(Reuters) – Starbucks Corp (SBUX.O) will close 8,000 company-owned U.S. cafes for the afternoon on May 29 so 175,000 employees can undergo racial tolerance training in response to protests and…
China Huarong shares halted as chairman investigated for suspected graft
HONG KONG (Reuters) – Trading in shares of China Huarong Asset Management Co Ltd (2799.HK) and two of its units were suspended on Wednesday after Beijing said it was investigating…
Carl Icahn buys stake in software provider VMware: CNBC
(Reuters) – Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc (VMW.N), CNBC reported on Tuesday. FILE PHOTO: Billionaire activist investor Carl Icahn gives an…
Australia government says banking executives responsible for misconduct could face jail
SYDNEY (Reuters) – Australian Treasurer Scott Morrison warned on Wednesday that financial sector executives responsible for widespread breaches of corporate law could face jail, as a powerful judicial inquiry heard…
Ford expands U.S. medical ride business built around its vans
DETROIT (Reuters) – Ford Motor Co (F.N) said on Wednesday that it was expanding a medical transport service called GoRide in Southeast Michigan, one of several efforts by the U.S.…
Global leaders seek to reignite fight against deadly malaria
LONDON, April 18 (Reuters) – Renewed action and boosted funding to fight malaria could prevent 350 million cases of the disease in the next five years and save 650,000 lives…
Canada seeks U.S. help to solve EpiPen shortage
TORONTO (Reuters) – Canada said on Tuesday it is working with the U.S. Food and Drug Administration to access supplies of Mylan N.V.’s EpiPen emergency allergy antidote amid a growing…
FDA approves Ultragenyx’s drug for rare form of rickets
(Reuters) – The U.S. Food and Drug Administration has approved Ultragenyx Pharmaceutical Inc’s treatment for a rare and inherited form of rickets, a condition that causes weak bones, the agency…