DETROIT (Reuters) – Top officials of Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union conspired to violate U.S. labor laws, federal prosecutors alleged in a court document, saying a former executive at the automaker knew bribes paid to union leaders were designed to “grease the skids” in labor negotiations.
(Reuters) – U.S. stocks were flat on Wednesday ahead of the Federal Reserve’s policy announcement, while media shares got a boost from a court approval for AT&T’s $85 billion takeover of Time Warner.
(Reuters) – The White House will aim to block legislative language before Congress that would block a Trump administration agreement allowing China’s No. 2 telecommunications equipment maker, ZTE Corp, to resume business with U.S. suppliers, the Wall Street Journal reported on Wednesday.
NEW YORK (Reuters) – Citigroup Inc sees second-quarter markets revenue coming in “flattish” compared to a year earlier, Chief Financial Officer John Gerspach said on Wednesday.
The company has cut its losses, but it continues to lose subscribers. …read more […]
(Reuters) – U.S. stock indexes opened little changed on Wednesday as gains in healthcare stocks offset losses in AT&T, whose $85 billion takeover of Time Warner was approved by a court.
Tech stocks continue to crush the broader market. Here are three picks in the sector that look appealing right now. …read more […]
(Reuters) – General Motors Co said on Wednesday Dhivya Suryadevara will succeed Chuck Stevens as chief financial officer on Sept. 1.
(Reuters) – Twenty First Century Fox Inc’s shares rose 8 percent on Wednesday as an approval for AT&T’s buyout of Time Warner Inc spurred speculation that Comcast Corp would proceed with an offer for most of the media company’s assets.
Boeing maintained its massive lead over Airbus in terms of 2018 orders during the month of May. …read more […]
(Reuters) – General Motors Co said on Wednesday Chief Financial Officer Chuck Stevens would retire after more than 40 years with the company, effective March 1, 2019.
(Reuters) – A federal judge on Tuesday gave a ringing endorsement to AT&T Inc’s planned acquisition of Time Warner Inc without any conditions, opening the door for companies such as Comcast Corp and Verizon Communications Inc to pursue deals to buy creators of media content.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday oil prices were too high and blamed OPEC, renewing his attack even as prices fell on Wednesday amid expectation that the group may relax its output cuts later this month.
BEIJING (Reuters) – China’s biggest ride-sharing company Didi Chuxing said on Wednesday its car-pooling service drivers can only pick up passengers of the same sex in early morning and late evening, part of an on-going effort to regain trust following a murder of a female passenger earlier this year.
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday renewed his attack on OPEC and again criticized the coalition of petroleum producing countries for rising oil prices.
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