As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings.
Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said.
Elon Musk’s lawyers said that the U.S. Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt, and the tweet prompting its contempt motion was both proper and “not material.”
A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months.
Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker responds to calls from hedge fund Appaloosa LP to separate the roles of chairman and chief executive officer.
Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn.
Lawyers for Elon Musk said on Friday that the U.S. Securities and Exchange Commission had failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt of court.
Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some passengers say they would be frightened to board the plane after two fatal crashes, although industry analysts said the deal was already in doubt.
The chairman of U.S. House Transportation and Infrastructure Committee Peter DeFazio on Friday urged current or former Boeing Co and Federal Aviation Administration employees to come forward with any information about the government’s aircraft certification program.
Boeing Co has been awarded a $4.1 billion U.S. defense contract related to the expansion and improvement of the ground-based midcourse missile defense system, the Pentagon said on Friday.
Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new stock offerings.
Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new issues.
Czech search engine Seznam urged Google on Friday to disclose more details about its plan to boost rival search apps in Android smartphones, saying it continued to lose users due to what it said were Google’s anti-competitive practices.
Stocks around the world fell and U.S. Treasuries yields sent warning signals for a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown.
U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale of his software company Autonomy to Hewlett-Packard in 2011.
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