Drug store chain Rite Aid Corp and U.S. grocer Albertsons Companies Inc agreed to terminate their merger agreement, the companies said on Wednesday, a little over 10 days after a shareholder advisory firm opposed the deal.
Mazda Motor Corp , Suzuki Motor Corp and Yamaha Motor Co have submitted reports to Japan’s transport ministry that they conducted improper fuel economy and emissions tests on their vehicles, the ministry said on Thursday.
Now that American Airlines has decided to give basic economy passengers a regular carry-on bag allowance, United Airlines will probably have to do the same. …read more […]
Drug store chain Rite Aid Corp and U.S. grocer Albertsons Companies Inc agreed to terminate their merger agreement, the companies said on Wednesday, a little over 10 days after a shareholder advisory firm opposed the deal.
Asian shares were subdued on Thursday after a new round of tit-for-tat tariffs in the U.S.-Sino trade conflict torpedoed oil prices, while the Russian rouble tumbled as the U.S. slapped fresh sanctions on the country.
Acadia (ACAD) delivered earnings and revenue surprises of -13.33% and -1.58%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock? …read more […]
Mazda Motor Corp and Suzuki Motor Corp conducted improper fuel economy and emissions tests on their vehicles, the latest in a series of compliance scandals in Japan’s auto sector, the Nikkei business daily reported.
Chinese state media on Thursday accused the United States of a “mobster mentality” in its move to implement additional tariffs on Chinese goods, and warned Beijing had all the necessary means to fight back.
The new Ford Territory — designed for a new set of buyers — represents a shift in strategy for the automaker. …read more […]
China’s state broadcaster CCTV said on Thursday China must counteract tariffs implemented by the United States and that Beijing had the confidence to protect its own interests as well as the means to do so.
A video of 95-year-old Sumner Redstone, the patriarch of the family that owns the voting majority of CBS Corp , can be reviewed in the U.S. broadcast and media company’s legal battle against the family, a Delaware judge ruled on Wednesday.
Aug.08 — Jack Dorsey’s decision to allow Alex Jones and his InfoWars show to keep their presence on Twitter has users outraged. David Kirkpatrick, Techonomy chief executive officer, and Bloomberg’s Alistair Barr weigh in on whether social media companies should also act as arbiters of truth. …read more […]
Twenty-First Century Fox Inc’s quarterly profit and revenue topped Wall Street targets on Wednesday, thanks to the popularity of edgy superhero movie “Deadpool 2” and as the company’s cable unit earned higher fees from distributors.
Roku Inc on Wednesday topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off, with more viewers spending longer hours streaming content.
Shares of Roku, which made a spectacular debut on the Nasdaq last year, rose as much as 9.2 percent in after-hours trading after the company said it added 22 million active accounts in the second quarter. Roku is known for its device that connects televisions to streaming services from companies such as Hulu, Netflix Inc and Amazon.com Inc. …read more […]
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