Business & Finance News
Plant-based burger maker Beyond Meat Inc on Thursday reported quarterly revenue above analysts’ estimates in its first results since going public, and said it expects to double its sales this year.
Wall Street’s main indexes closed higher after a choppy session on Thursday, as investors grew more optimistic on trade after media reports the United States is considering a delay in imposing tariffs on Mexican imports.
Former Hewlett-Packard boss Meg Whitman denied on Thursday she was trying to protect her own reputation when she accused the leaders of Autonomy, the British software firm HP acquired in 2011, of a fraud that inflated its value by $5 billion.
Lawyers for Huawei Chief Financial Officer Meng Wanzhou will bring a motion to challenge her extradition to the United States in January 2020, the company said in a statement on Thursday after the legal team appeared in a Canadian court to set future court dates.
Wall Street’s main indexes added to gains in a choppy session on Thursday, as investors showed some optimism on trade after Bloomberg reported that the United States is considering delaying imposing tariffs on Mexican imports.
Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could automate warehouse work around the world.
American International Group Inc Chief Executive Officer Brian Duperreault said on Thursday the insurer is reaching out to shareholders, per its usual custom, who last month gave his $21 million compensation only narrow approval.
Mexican and U.S. officials resumed talks on trade and migration on Thursday, with the Trump administration resisting calls from U.S. businesses and some Republican lawmakers to ease up on a plan to impose import tariffs on its southern neighbor.
Jeff Bezos, Amazon.com Inc’s chief executive and founder, said on Thursday he expects the challenge of building robots for commercial use that can grasp items as efficiently as human hands will be solved in the next 10 years.
The United States is considering delaying the imposition of tariffs on Mexican products that President Donald Trump has threatened to put in place on Monday to allow for more time for talks between the two nations, Bloomberg News reported on Thursday, citing unidentified people familiar with the matter.
FedEx Corp said it plans to hire about 700 flexible, part-time Express drivers in 160 U.S. residential and rural markets as customer-turned-competitor Amazon.com Inc puts pressure on established delivery firms.
A group of U.S. Senate Democrats is urging the Federal Reserve to investigate Deutsche Bank AG’s relationship with President Donald Trump and his son-in-law and adviser Jared Kushner.
The collapse of merger talks between Fiat Chrysler Automobiles(FCA) and Renault marks a setback for a tight network of current and former Goldman Sachs’ bankers who tried to convince the French political establishment to back the deal.
German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects, the Sueddeutsche Zeitung reported on Thursday, citing unnamed sources.
Wall Street’s main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat.
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