Barnes & Noble Inc, which in July fired its chief executive officer, said on Thursday it would begin the process to find a replacement only after its annual shareholder meeting in early October.
The U.S. Justice Department is probing whether employees committed fraud in Wells Fargo & Co’s wholesale banking unit, following revelations that employees improperly altered customer information, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Media company CBS Corp’s board is in settlement talks with Chief Executive Officer Les Moonves to negotiate his exit, a source familiar with the matter said on Thursday.
Loup Ventures Managing Director Gene Munster on the future of Tesla, why he predicts Apple will not buy Tesla and reports Apple will expand its wearables business. …read more […]
European customers will avoid deals with Russia’s United Company Rusal, under U.S. sanctions, when the industry meets in Berlin next week to seal 2019 metal supply agreements, three sources familiar with the discussions said.
The number of Americans filing new claims for unemployment aid fell to near a 49-year low last week and private payrolls rose steadily in August, pointing to sustained labor market strength that should continue to underpin economic growth.
The S&P 500 and the Nasdaq dropped on Thursday, as internet stocks faltered for a second day on concerns about increased regulation, while Micron led a decline in chip stocks.
Elliott Management Corp renewed calls on Hyundai Motor Group last month to make structural changes, a source told Reuters, months after the U.S. activist fund helped force the South Korean automotive company to scrap a restructuring deal.
Nike Inc.’s market capitalization is down $3.4 billion since the company released its latest ad campaign featuring controversial quarterback-turned-activist Colin Kaepernick. The latest estimates put the value of the media exposure from the campaign at more than $163 million, according to Apex Marketing Group — almost four times the $43 million tallied in the first 24 hours since the ad debuted. Nike’s stock was up as much as .94 percent Thursday as of 10:13 in New York. …read more […]
Facebook has removed a feature that allowed users to translate Burmese posts and comments after a Reuters report showed the tool was producing bizarre results.
New orders for U.S.-made goods fell slightly more than expected in July, weighed down by weak demand for aircraft, but signs of a pickup in business spending suggested that the manufacturing sector remained on solid ground.
Q2 2018 Bezeq Israeli Telecommunication Corp Ltd Earnings Call …read more […]
Add the director of national intelligence to the list of Trump administration officials who say they didn’t write the anonymous opinion piece in The New York Times that said an internal “resistance” was working to thwart some of President Donald Trump’s efforts. Secretary of State Mike Pompeo (pahm-PAY’-oh) has denied writing an anonymous New York Times opinion piece that said an internal “resistance” was working to thwart some of President Donald Trump’s efforts. …read more […]
U.S. stocks opened flat on Thursday, weighed down by concerns that the Trump administration would make good on its plan for fresh China tariffs and as energy stocks dropped.
Media company CBS Corp’s board is in settlement talks with Chief Executive Officer Les Moonves and has offered about $100 million exit package, CNBC reported, citing people familiar with the negotiations.
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