(Reuters) – Guess Inc said on Tuesday its co-founder, Paul Marciano, had resigned as the company’s executive chairman after a special committee completed an investigation into allegations of improper conduct.
The annual dance of supply chain rumors has caught Apple Inc. (NASDAQ:AAPL) short of the $1-trillion market cap level. Shares dropped $3 overnight on Jun. 7, a loss of nearly $15 billion in market cap, after reports from Japan that the company is planning to ship 80 million iPhones next year, down from 100 million. The company sold 217 million phones, including older models, during the fiscal year ending last September, and 129.5 million for the six months ending in March. …read more […]
A federal judge on Tuesday gave the green light to AT&T’s (T) $85 billion acquisition of Time Warner (TWX), in a case that has captivated deal-watchers because it involves a vertical merger. …read more […]
This week completely scrambled the video landscape, and its implications are …read more […]
SAN FRANCISCO (Reuters) – The U.S. central bank’s staunchest advocate for faster interest-rate hikes is set to regain the power to vote at the Federal Reserve’s rate-setting meetings starting next month, but the shift is unlikely to mean faster rate hikes under Chair Jerome Powell.
WASHINGTON (Reuters) – AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, dealing a blow to U.S. President Donald Trump’s administration which tried to block the deal and likely setting off a wave of corporate mergers.
NEW YORK (Reuters) – Bitcoin fell to a two-month low on Tuesday, sliding in three of the last four sessions on nagging regulatory and security concerns after the weekend hacking of South Korean cryptocurrency exchange Coinrail.
(Reuters) – Guess Inc said on Tuesday its co-founder, Paul Marciano, had resigned as the company’s executive chairman after a special committee completed an investigation into allegations of improper conduct.
WASHINGTON (Reuters) – AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, without conditions, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue.
NEW YORK (Reuters) – U.S. stocks ended slightly higher on Tuesday, boosted by gains in technology and utilities shares, though investors were cautious ahead of the Federal Reserve’s policy decision.
NEW YORK (Reuters) – A Mexican real estate developer has filed a $1.2 billion lawsuit accusing JPMorgan Chase & Co of fraudulently inducing it to transfer properties based on a false promise it would sell them.
NEW YORK (Reuters) – U.S. stocks ended slightly higher on Tuesday, boosted by gains in utilities and technology shares, though investors were cautious ahead of the Federal Reserve’s policy decision.
NEW YORK (Reuters) – U.S. stocks were near flat on Tuesday as investors became cautious ahead of the Federal Reserve’s policy decision, while a historic U.S.-North Korea summit failed to impress investors.
Two analysts recently built their bull cases for ConocoPhillips. …read more […]
(Reuters) – Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce costs and become sustainably profitable without endangering the critical ramp up of production of its Model 3 sedan.
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