British asset manager Schroders expressed interest in buying CarVal Investors in May but the hedge fund that is owned by U.S. agri group Cargill said it was not for sale, a CarVal executive said.
U.S. President Donald Trump on Wednesday criticized Nike Inc for its new advertising campaign featuring Colin Kaepernick, the NFL quarterback who sparked controversy by kneeling during the national anthem.
Walmart Inc is testing whether independent drivers could deliver its groceries as the retailer races to meet its goal of offering home delivery to more than 100 U.S. cities by the end of the year.
Top executives from Facebook Inc and Twitter Inc defended their companies in the U.S. Congress on Wednesday over what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.
U.S. Senator Mark Warner told the Senate Select Committee on Intelligence on Wednesday that Congress will need to act to stop foreign bad actors who use social media like Facebook Inc and Twitter Inc to interfere in U.S. elections.
U.S. stock indexes were lower on Wednesday, weighed down by Facebook, energy stocks and concerns over the possibility of President Donald Trump going through with plans to slap new tariffs on Chinese goods as early as this week.
Twenty First Century Fox said on Wednesday it made a $100 million investment in social broadcasting platform Caffeine.
U.S. President Donald Trump on Wednesday criticized Nike Inc following the debut of its advertising campaign with Colin Kaepernick, the NFL quarterback who sparked a national controversy by kneeling during the national anthem.
Bayer is ready to spend money on more drug licensing agreements like last year’s deal with Loxo Oncology but its priority is to reduce debt after the takeover of Monsanto.
Senator Richard Burr, the Republican chairman of the U.S. Senate Intelligence Committee, said on Wednesday that the “national security vulnerability” and “unacceptable risk” of social media platforms remain unaddressed.
U.S. stocks opened lower on Wednesday as investors considered the likelihood of President Donald Trump going through with plans to impose a fresh round of tariffs on Chinese goods right after consultations end on Thursday.
Clinical trial results on the way could change the way investors feel about these biotech stocks before the leaves start falling. …read more […]
Twenty First Century Fox said on Wednesday it led a $100 million funding round in gaming and entertainment broadcasting platform Caffeine.
American Airlines President Robert Isom said on Wednesday he sees growth opportunities in three higher-margin hubs where the U.S. carrier will be adding gates and flights over the next three years.
General Electric might seem down and out now, but there’s reason for hope. …read more […]
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