Campbell Soup Co named Mark Clouse, the former CEO of Pinnacle Foods, as its new chief executive on Thursday, a key step in the U.S. company’s efforts to regain market share and boost profits.
China plans to make a third round of U.S. soybean purchases within days, two sources familiar with the matter said on Thursday, after a trade war truce between Washington and Beijing this month triggered two waves of buying.
The U.S. Air Force will take its first delivery this month of the long-delayed KC-46 aerial refueling tanker made by Boeing Co , people familiar with the process said.
Campbell Soup Co on Thursday named former head of Pinnacle Foods Inc Mark Clouse as its new chief executive officer, effective Jan. 22, 2019.
Boeing Co and Sikorsky Aircraft, a unit of Lockheed Martin Corp , have been awarded a $1.1 billion U.S. defense contract for contractor support for MH-6, MH-47, and MH-60 aircraft, the Pentagon said on Thursday.
Lockheed Martin Corp has been awarded a $997 million U.S. defense contract for the upgrade of 84 F-16 aircraft to the V-configuration, the Pentagon said on Thursday.
Raytheon Co was awarded a $568 million defense contract for modifications to a Patriot missile defense system it is building as part of a foreign military sale to Sweden, the Pentagon said on Thursday.
Nissan Motor Co’s jailed ex-chairman, Carlos Ghosn, vowed to restore his good name in court after a month in detention, Japanese public broadcaster NHK said on Friday, quoting his lawyer.
Nike Inc’s quarterly revenue and profit beat Wall Street estimates on Thursday, as it benefited from selling more items online at full price in North America, sending the shares of the world’s largest footwear maker up 8 percent.
U.S. stocks slid on Thursday, with the Nasdaq on the cusp of confirming bear market territory, as the Federal Reserve’s plan to continue its balance sheet reduction and the threat of a partial government shutdown fueled investor anxieties.
Oleg Deripaska’s team, which secured the lifting of U.S. sanctions on the Russian tycoon’s aluminum and energy businesses, is also working to get them removed from his automaker GAZ , five sources close to the talks said.
FarmVille game maker Zynga Inc said on Thursday it would buy an 80 percent stake in Empires & Puzzles publisher, Small Giant Games, for $560 million in a move to strengthen its gaming portfolio.
Chip supplier Qualcomm Inc won a second court skirmish in its worldwide patent battle with Apple Inc on Thursday, with the iPhone maker saying it would pull some older models from its German stores.
U.S. Treasury Secretary Steven Mnuchin said on Thursday that investors’ reaction to the Federal Reserve’s interest rate hikes was “completely overblown”, in an unusually direct comment on financial market activity.
A bipartisan group of U.S. senators sent a letter to regulators on Thursday expressing concern that financial technology startup Robinhood may not be offering full transparency to its customers over the botched launch of its new cash management service.
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