Trade tensions set for brighter U.S. corporate spotlight
NEW YORK (Reuters) – The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer…
Multiple ‘No’ votes at Deutsche Bank’s April 8 meet to change CEO – sources
FRANKFURT (Reuters) – Multiple supervisory board members cast dissenting votes at a meeting that reshuffled top management at Deutsche Bank…
Ford tells WPP it will take bids from other ad agencies
LONDON (Reuters) – Ford Motor Company (F.N) said on Saturday it will take bids on some of its advertising managed…
U.S. sanctions on Vekselberg have $1.5-$2 billion assets frozen: sources
ZURICH/MOSCOW – Assets totaling between $1.5 billion and $2 billion have been frozen as a result of sanctions imposed on…
Telecom standards group puts new technology on hold in wake of U.S. probe
WASHINGTON (Reuters) – A telecommunications standards organization – GSMA – said on Saturday it is delaying implementation of a new…
U.S. regulator permits China’s ZTE to submit more evidence
NEW YORK (Reuters) – The U.S. Commerce Department has granted ZTE Corp’s (000063.SZ) (0763.HK) request to submit more evidence after…
Apple offers battery replacement for some MacBooks after flaws reported
(Reuters) – Apple Inc (AAPL.O) on Friday said component failure in a limited number of MacBook Pros has caused built-in…
Trump’s next $100 billion tariff dilemma: hit Wal-Mart or Apple Store?
WASHINGTON (Reuters) – U.S. consumers may be about to directly feel the effects of the trade fight started by U.S.…
U.S., European regulators mandate checks on some 737 engines
WASHINGTON/PARIS (Reuters) – European and U.S. airline regulators on Friday ordered mandatory inspections within 20 days of aircraft engines similar…
U.S. said to investigate AT&T, Verizon over wireless collusion claim: source
WASHINGTON (Reuters) – The U.S. has opened a probe into alleged coordination by AT&T Inc (T.N), Verizon Communications (VZ.N) and…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
U.S. bans American companies from selling to Chinese phone maker ZTE
LONDON/NEW YORK (Reuters) – The U.S. Department of Commerce has banned American companies from selling components to Chinese telecom equipment…
China tariffs on U.S. business jets no clear boost to rivals: aviation executives
SHANGHAI (Reuters) – China’s planned tariffs on U.S. business jets may do little to buoy rivals despite concerns the moves…
J&J Baby Powder litigation takes new focus with asbestos claims
NEW YORK (Reuters) – A $117 million verdict against Johnson & Johnson (JNJ.N) and a supplier in favor of a…
ECB asks Deutsche Bank to gauge investment banking exit costs: source
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) has been asked by European Central Bank supervisors to calculate the potential costs of…
‘Boiled frog syndrome’: Germany’s China problem
SCHROBENHAUSEN, Germany (Reuters) – Bauer, a big producer of construction equipment, is better placed than many German companies that invested…
South Dakota e-commerce sale tax fight reaches U.S. Supreme Court
WASHINGTON (Reuters) – A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state…
Ad king Sorrell's abdication leaves WPP at crossroads
LONDON (Reuters) – Martin Sorrell’s sudden exit from WPP marks a shocking end to the career of a chief executive…
Facebook fuels broad privacy debate by tracking non-users
SAN FRANCISCO (Reuters) – Concern about Facebook Inc’s (FB.O) respect for data privacy is widening to include the information it…
Starbucks chief executive apologizes for arrests of two black men
(Reuters) – Starbucks Chief Executive Kevin Johnson apologized late on Saturday for the arrests of two black men at a…
Wall Street eyes earnings stabilizer after FAANG stocks wobble
(Reuters) – Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG…
Musk insists Tesla does not need more capital, predicts profit soon
(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not…
China slows review of chip company mergers amid trade tensions: WSJ
(Reuters) – Two multi-billion dollar takeovers of semiconductor makers are being stalled by Chinese regulatory reviews amid rising U.S.-China trade…
Martin Sorrell quits as head of world’s biggest ad group WPP
LONDON (Reuters) – Martin Sorrell, who built WPP into the world’s biggest advertising agency through 33 years of dealmaking, quit…
Proxy adviser ISS recommends against five Equifax directors over cyberbreach
(Reuters) – Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc (EFX.N)…
Martin Sorrell quits as head of WPP advertising agency
LONDON (Reuters) – Martin Sorrell quit as the head of WPP on Saturday, leaving the world’s biggest advertising agency 33…
Insect farms gear up to feed soaring global protein demand
LANGLEY, British Columbia (Reuters) – Layers of squirming black soldier fly larvae fill large aluminum bins stacked 10-high in a…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they…
ESPN+ streaming service launches Disney’s digital drive
LOS ANGELES (Reuters) – Walt Disney Co (DIS.N) on Thursday debuted its new ESPN+ digital subscription service, the first consumer…
Volkswagen rushed revamp triggers labor concern: sources
BERLIN/MUNICH (Reuters) – Labor representatives at Volkswagen (VOWG_p.DE) are concerned by a sudden rush by the German carmaker’s board to…
Pentagon confirms delivery suspension of Lockheed F-35 jets
WASHINGTON (Reuters) – The U.S. Department of Defense has stopped accepting deliveries of F-35 jets from Lockheed Martin Corp (LMT.N)…
Google poised to emerge unscathed from European antitrust crackdown
BRUSSELS/SAN FRANCISCO (Reuters) – The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged…
Biotech M&A rolls on as Alex ion snaps up Wilson for $855 mln
(Reuters) – Alex ion Pharmaceuticals has agreed to buy Sweden’s Wilson Therapeutics for 7.1 billion Swedish crowns ($855 million), boosting…
T-Mobile restarts talks to acquire Sprint: source
(Reuters) – T-Mobile US Inc (TMUS.O) is engaged in a new round of talks to acquire Sprint Corp (S.N), a…
Facebook’s Zuckerberg faces Senate hearing but little hope for action
WASHINGTON (Reuters) – Facebook (FB.O) Chief Executive Mark Zuckerberg’s No. 1 mission during his appearance before U.S. lawmakers on Tuesday…
Trans Mountain pipeline halt worries Canadian business
(Reuters) – Business groups and local officials called on Monday for Canada’s government to guarantee an expansion of the Trans…
Merck’s Keytruda helps lung cancer patients live longer in trial
(Reuters) – Merck & Co’s (MRK.N) blockbuster drug Keytruda helped previously untreated lung cancer patients live longer in a late-stage…
Indian special court issues warrants against two accused in PNB bank fraud
NEW DELHI (Reuters) – A special court of India’s Central Bureau of Investigation (CBI) issued non-bailable warrants against two Indian…
New Jersey health officials investigating potential E.coli outbreak
(Reuters) – Health officials in New Jersey said they are investigating an E. coli outbreak in four counties that left…
Sberbank to own biggest single stake in Croatia’s Agrokor – report
ZAGREB (Reuters) – Russia’s Sberbank (SBER.MM) may get around 30 percent of Croatia’s indebted food group Agrokor following a debt…
ISS recommends against Goldman pay plan, worried on costs
BOSTON (Reuters) – Proxy advisor Institutional Shareholder Services on Friday recommended investors vote against a stock plan for employees at…
Netflix offering more than $300 million for billboard company: sources
(Reuters) – Netflix Inc (NFLX.O) is offering more than $300 million to buy a company that owns billboards across Los…
Trump threatens more China tariffs; Beijing ready to hit back
BEIJING/WASHINGTON (Reuters) – China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh…
Britain’s sugar tax on soft drinks comes into effect
LONDON (Reuters) – Britain’s sugar tax on soft drinks came into effect on Friday, a move that will lead to…
Campbell Soup gives COO Mignini more control over core units
(Reuters) – Campbell Soup Co (CPB.N) said on Thursday it would reorganize its businesses, giving newly-appointed Chief Operating Officer Luca…
U.S., China rivalry poses risks, benefits for Latin America
MENDOZA, Argentina (Reuters) – As the trade dispute between the United States and China was gaining steam last month, a…
Trump taking ‘serious look’ at policy options on Amazon
Aboard Air Force One (Reuters) – U.S. President Donald Trump said on Thursday he would take a serious look at…
Facebook shares rise as Zuckerberg soothes investors
(Reuters) – Shares of Facebook Inc rose as much as 4.2 percent on Thursday after Chief Executive Officer Mark Zuckerberg…