U.S. prosecutors on Thursday filed a motion to disqualify the lead defense lawyer for Huawei Technologies Co Ltd from the case accusing the Chinese company of bank fraud and sanctions violations, according to a filing in U.S. District Court in Brooklyn, New York.
General Motors Co is considering a $1 billion investment at its Missouri assembly plant where it builds vans and trucks, state officials said on Thursday.
Facebook Inc’s potential settlement with federal regulators over breaches of consumer data privacy is nearing completion, and will likely cover related services like its WhatsApp messenger, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker’s reluctance to say it would meet 2020 goals sent shares lower.
Caterpillar Inc on Thursday provided investors with details on its push to grow its services business while also laying out dividend increases and more consistent share repurchases in the coming years.
Web hosting company GoDaddy Inc reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending its shares 6 percent lower in after-hours trading.
Activision Blizzard Inc forecast second-quarter profit below estimates on Thursday, as the videogame maker invests in its core franchises to counter intense competition from games such as “Fortnite” and “Apex Legends”.
U.S. stocks eased further from recent record highs on Thursday as energy shares dropped along with oil prices and investors continued to digest comments by Federal Reserve Chairman Jerome Powell.
Web hosting company GoDaddy Inc reported first-quarter profit well below Wall Street expectations on Thursday as costs rose and customer growth slowed down, sending its shares 4 percent lower in after-hours trading.
TV broadcaster and media company CBS Corp fell short of analysts’ estimates for first-quarter revenue on Thursday, hit by a drop in content licensing and distribution sales.
Global equity markets declined for a second straight day on Thursday while the dollar and bond yields rose after comments from Federal Reserve Chairman Jerome Powell caused investors to lower expectations for a rate cut by the U.S. central bank this year.
Activision Blizzard Inc reported first-quarter revenue above estimates on Thursday, boosted by demand for its “Call of Duty: Black Ops 4” and “Sekiro: Shadows Die Twice” videogames, but its current-quarter profit and sales forecasts fell short of expectations.
The founder of Insys Therapeutics Inc on Thursday became the highest-ranking drugmaker executive convicted in a case tied to the U.S. opioid crisis, when he and four colleagues were found guilty of bribing doctors to prescribe an addictive painkiller, helping drive the epidemic.
U.S. stocks eased further from recent record highs on Thursday as energy shares dropped with oil and investors digested comments by Federal Reserve Chairman Jerome Powell from the previous day.
U.S. prosecutors on Thursday filed a motion to disqualify a lead lawyer for Huawei Technologies Co Ltd from the case against the Chinese company for alleged bank fraud and sanctions violations, according to a filing in U.S. District Court in Brooklyn.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
