Vernon Unsworth, a British cave diver who helped rescue 12 Thai children trapped in a cave in July, is suing Tesla CEO Elon Musk for libel and slander, according to the lawsuit filed in a U.S. district court in California. …read more […]
Goldman Sachs Group Inc named Tim O’Neill as its vice-chairman, according to an internal memo seen by Reuters, the latest top-level appointment ahead of David Solomon taking charge as chief executive officer of the Wall Street bank.
Investors suing Volkswagen for billions in compensation from the hit to the carmaker’s share price from its diesel emissions scandal will have to wait until end-November for court hearings to continue, a German judge ruled on Monday.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Monday. …read more […]
A second trial between Apple Inc and Qualcomm Inc before the U.S. International Trade Commission began Monday in Washington, D.C., with the iPhone maker squaring off against the world’s biggest mobile chipmaker over whether Apple should be banned from importing several recent iPhone models to the United States.
Apple and Qualcomm are locked in a wide-ranging legal dispute in which Apple has accused Qualcomm of unfair patent licensing practices. Qualcomm, the world’s largest mobile phone chipmaker, has in turn accused Apple of patent infringement. …read more […]
The United States is ready to negotiate a trade deal with China whenever Beijing is prepared for serious talks that will reduce tariffs and eliminate non-tariff trade barriers, top White House economic adviser Larry Kudlow said on Monday.
Oil prices edged lower on Monday as investors focused on deepening trade tension between the U.S. and China that is expected to dent global crude demand, but losses were limited as the market weighed potential supply tightening due to Iran sanctions.
Swiss drugmaker Novartis has revealed its employees only get a bonus if they meet or exceed expectations for ethical behavior as it seeks to address past shortcomings that have damaged its reputation.
CNBC’s Becky Quick is joined by Larry Kudlow, director of the National Economic Council, at the Economic Club of New York to discuss the impact trade issues have had on American businesses and markets. …read more […]
Apple announced three new phones last week: the iPhone XS, iPhone XS Max, and iPhone XR. As of 2018, Apple’s iPhone naming convention is officially off the rails. In addition to the already existing iPhone 7, iPhone 8, and iPhone 8 Plus, Apple is introducing three new models with non-sequential names. …read more […]
Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla .
The CEO of Chinese e-commerce giant JD.com , Richard Liu, will no longer appear at a high-profile state-run tech forum in Shanghai this week that he had earlier been scheduled to attend.
A slide in Apple and Amazon led the S&P 500 and Nasdaq indexes lower on Monday on expectations that President Donald Trump was about to go ahead with new tariffs on $200 billion of Chinese goods and that Beijing would retaliate.
Activist hedge fund ValueAct Capital has nearly doubled its stake in Horizon Discovery Group , buying an additional 7.5 million shares from Woodford Investment Management.
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