Uber Technologies Inc and Lyft plan to offer cash bonuses to some of their most active drivers with the option to purchase shares in the ride-hailing firms’ highly anticipated Wall Street debuts, a bold effort to improve driver relations as the companies transition to the public markets.
Lifestyle guru Martha Stewart is joining Canadian marijuana producer Canopy Growth as an adviser to help develop and launch a line of pot-based products for humans and animals, it said on Thursday.
Global equities markets fell for a third straight day on Thursday, with Wall Street stocks edging lower as weak Chinese economic data and mixed messages on the progress of trade talks between China and the United States weighed on investor sentiment.
The adoption of a European Union money-laundering blacklist, which includes Saudi Arabia as well as Puerto Rico and three other U.S. territories, is likely to be blocked by EU states under a procedure launched on Thursday, two EU sources said.
Wall Street’s main indexes struggled for direction on Thursday as an abrupt end to a U.S.-North Korean summit and a clutch of weak earnings hit sentiment, with a better-than-feared GDP data offering some support.
J. C. Penney Co Inc on Thursday reported quarterly results that topped estimates as the struggling retailer sold more jewelry and women’s, men’s and children’s apparel during the key holiday shopping season.
The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil from the national emergency reserve in a sale mandated by a previous law to raise funds to modernize the facility.
Huawei Device Co Ltd and Huawei Device USA Inc pleaded not guilty on Thursday in U.S. District Court in Seattle on fraud, trade secrets conspiracy and other charges, the Justice Department said.
Kia Motors Corp and affiliate Hyundai Motor Co said on Thursday they are recalling around 534,000 additional U.S. vehicles at risk of engine fires.
John Varley, former CEO of Barclays, told investigators in 2014 he had had to delegate responsibility during the British bank’s efforts to raise more than 11 billion pounds ($15 billion) at the height of the credit crisis.
The Federal Aviation Administration said Thursday it had fined American Airlines $1 million and Delta Air Lines Inc $750,000 for violating federal rules prohibiting lengthy tarmac delays at U.S. airports.
The U.S. embassy in Sweden has asked the domestic watchdog FI for a meeting to discuss allegations of Swedbank’s involvement in a Baltic money-laundering scandal, raising concerns that U.S. authorities might be mulling a probe of the Nordic bank.
Activist investor Starboard Value LP plans to vote against Bristol-Myers Squibb Co’s proposed $74 billion takeover of biotech Celgene Corp and urged other shareholders to join it in voting down the “poorly conceived and ill-advised” deal.
A Russian court on Thursday ruled that prominent U.S. investor Michael Calvey should remain in custody pending trial, rejecting his appeal to be released on bail or moved to house arrest.
Global equities markets fell for a third straight day on Thursday, with Wall Street stocks edging lower as weak Chinese economic data and mixed messages on the progress of trade talks between China and the United States weighed on investor sentiment.
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