One of three new board members nominated by Brazil’s government to sit on the board of state-run oil company Petroleo Brasileiro SA was fined in 2016 by securities regulator CVM for insider trading, according to CVM documents on the ruling seen by Reuters.
U.S. shoppers spent a record $126 billion on online shopping during the 2018 holiday season, taking advantage of early discounts on Amazon.com and other websites and with more people using smartphones to place their orders, Adobe Analytics said on Tuesday.
UnitedHealth Group Inc is performing better in 2019 than suggested by the Wall Street analyst consensus for first-quarter adjusted earnings, Chief Financial Officer John Rex said on Tuesday during a conference call with investors.
Wells Fargo & Co on Tuesday reported quarterly revenue that missed analysts’ estimates, as revenue across all its banking units declined, especially at community banking, the unit at the center of its 2016 sales scandal.
Delta Air Lines Inc on Tuesday forecast a further decline in revenue growth per mile flown in the first quarter, hit by a partial government shutdown and worries about whether airlines can raise fares in an uncertain global economy.
Volkswagen AG and Ford Motor Co on Tuesday set an alliance that combines forces on commercial vans and pickups and said they were exploring expanding into joint development of electric and self-driving technology, actions meant to save the automakers billions of dollars.
Walmart Inc has opted to end its involvement in the network of commercial and Medicaid pharmacies run by CVS Health Corp after the two companies failed to agree on pricing, CVS said.
Spluttering noises from Germany and an earnings miss from banking giant JP Morgan dragged back stocks on Tuesday, while Britain’s pound hovered near a two-month high ahead of a crucial parliamentary vote on Brexit.
PG&E Corp’s chances of emerging from bankruptcy proceedings hinge in part on an arcane California legal rule that threatens to keep the utility owner perpetually on the hook for liabilities from catastrophic wildfires even beyond the more than $30 billion the company expects to face from recent blazes.
Delta Air Lines Inc on Tuesday forecast a further fall in unit revenue growth in the first quarter of 2019, adding to growing concerns about airlines’ ability to raise fares in an uncertain global economy.
While growing up in Seattle, Enrique Rico’s mom cleaned the posh homes of Microsoft employees. When Rico tagged along on sick days from school, he dreamed of having the life of a technology worker.
UnitedHealth Group Inc beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by growth in services business as well as its mainstay health insurance plans.
JPMorgan Chase & Co reported a lower-than-expected quarterly profit as weakness in bond trading due to spikes in market volatility at the end of the year more than offset gains from higher interest rates and loan growth.
JPMorgan Chase & Co on Tuesday reported a 67 percent rise in fourth-quarter profit from a year ago, when it took a $2.4 billion charge due to an overhaul of the U.S. tax code.
Struggling California power company PG&E Corp said on Tuesday Roger Kimmel, vice chairman of investment banking firm Rothschild Inc, had resigned from company’s board.
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