Business & Finance News
Best Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the company’s next Chief Executive Officer, the first woman to lead the consumer electronics retailer in its 53-year history.
U.S. stock index futures were subdued on Monday as investors awaited more big banks earnings following JPMorgan’s upbeat results, while sentiment was supported by reports of progress in trade talks.
UBS shareholders should oppose discharging the board and top management of Switzerland’s biggest bank from liability after a guilty verdict in a French tax evasion case, proxy adviser Institutional Shareholder Services (ISS) said.
U.S. President Donald Trump on Monday urged Boeing Co to fix and “rebrand” its troubled 737 MAX jetliner following two fatal crashes even as U.S. regulators continued to work with the planemaker and airlines regarding the now-grounded aircraft.
Google will have to pay publishers for news snippets and Facebook filter out protected content under new copyright rules aimed at ensuring fair compensation for the European Union’s $1 trillion creative industries.
U.S. President Donald Trump on Monday offered Boeing Co advice in the wake of two fatal crashes involving its 737 MAX jetliner, saying the planemaker should “rebrand” the best-selling aircraft after fixing it.
Apple Inc and its allies on Monday will kick off a jury trial against chip supplier Qualcomm Inc in San Diego, alleging that Qualcomm engaged in illegal patent licensing practices and seeking up to $27 billion in damages.
The European Union is ready immediately to start trade negotiations with the United States to remove tariffs and a deal could be rapidly concluded, European Trade Commissioner Cecilia Malmstrom said on Monday.
The world’s biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters.
The chairman of Taiwan’s Foxconn, an assembler of Apple Inc’s iPhones, said on Monday he plans to step down in the coming months to pave the way for younger talent to move up the company’s ranks.
European Union countries gave final clearance on Monday to start formal trade talks with the United States after months of delay due to French resistance.
Toyota Motor Corp has agreed to sell electric car technology to Singulato, its first deal with a Chinese electric vehicle startup, allowing the fledgling firm to speed up development of a planned mini EV.
The European Union’s bid to overhaul its two-decade old copyright rules cleared its final hurdle on Monday as EU governments backed the move forcing Google to pay publishers for news snippets and Facebook to filter out protected content.
European Union countries gave final clearance on Monday to start formal trade talks with the United States after months of delay due to resistance from France.
Activist Edward Bramson on Monday made a renewed plea for Barclays’ investors to give him a seat on the bank’s board, as the war of words between his Sherborne Investors fund and the lender’s management ratchets up.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
