Kraft Heinz Co reported disappointing quarterly results, including a $15 billion charge related to the value of its marquee Kraft and Oscar Mayer trade marks, and said it had received a subpoena from the U.S. Securities and Exchange Commission about its accounting practices.
General Motors Co Chief Executive Mary Barra will not come before Canadian legislators to answer questions about the automaker’s future in the country, but lower-ranking executives will appear, a lawmaker said on Thursday.
Jeffrey Skilling, the onetime chief of Enron Corp who was sentenced to 24 years in prison for his conviction on charges stemming from the company’s spectacular collapse, has been released from federal custody, the Houston Chronicle reported on Thursday.
The top three U.S. carriers announced bids for new slots at Tokyo’s Haneda International Airport on Thursday as part of a push to increase daily nonstop flights to the Japanese capital ahead of the 2020 Olympic Games and beyond.
Ford Motor Co said on Thursday it has hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised concerns, and did not know whether it would have to correct data provided to regulators or consumers.
Ford Motor Co said on Thursday it had hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised concerns, and did not know whether it would have to correct data given to regulators or consumers.
Online image search site Pinterest Inc has confidentially filed with the Securities and Exchange Commission for an initial public offering, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Weak economic reports pressured U.S. stocks on Thursday after the market’s recent run of gains, and a drop in healthcare shares added to the bearish momentum.
Wall Street stocks fell on Thursday due to a deteriorating economic outlook that was only partially offset by signs of trade progress between China and the United States, while gold and oil prices retreated from their recent peaks.
Sportswear firm Puma is launching a joint collection with Porsche Design, the fashion and accessories brand owned by the German car company, tapping into demand for premium products just as luxury labels are moving into the market for sportswear.
Weak economic data pressured U.S. stocks on Thursday after a recent run of gains, while a drop in healthcare shares added to the bearish momentum.
Consumer Reports on Thursday pulled a recommendation for Tesla Inc’s Model 3, citing reliability problems, and the influential U.S. magazine turned up the pressure on other automakers to include crash-avoiding automatic braking as standard equipment.
The top U.S. and Chinese trade negotiators resumed high-level talks on Thursday to hash out a deal that could end their trade war, just over a week before a U.S.-imposed deadline to reach agreement expires and triggers a new round of tariffs.
Ford Motor Co’s oldest factory in Brazil, slated for closure later this year, was a giant among auto plants, occupying a sprawling 12 million square feet (111.5 hectares), bigger than many of the automaker’s U.S. facilities.
AT&T Inc pulled all its advertising from Alphabet Inc’s YouTube for the second time in two years after a magazine reported the platform displayed ads next to videos that showed the exploitation of children.
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