Business & Finance News
The chief executives of Apple Inc, Walmart Inc, IBM Corp and other major companies are joining a Trump administration advisory board on workforce policy, the U.S. Commerce Department said Wednesday.
U.S. stocks opened higher on Wednesday, buoyed by hopes that the ongoing U.S.-China trade talks could result in an agreement, while benign inflation data did little to change the outlook on interest rates.
Jeans maker Levi Strauss on Wednesday filed for an initial public offering of up to $100 million.
Ford Motor Co said on Wednesday it was recalling about 1.48 million F-150 pickup trucks in North America due to a potential transmission downshift issue that could increase the risk of a crash.
Renault said it had scrapped 30 million euros ($34 million) in deferred and severance pay to former boss Carlos Ghosn, forced out last month following his arrest for suspected financial misconduct at Japanese affiliate Nissan.
Ford Motor Co on Wednesday said it was recalling about 1.48 million F-150 pickup trucks in North America due to a transmission issue that could increase the risk of a crash.
Netflix now has more than 5 million subscribers in France, a spokesman for the U.S. video streaming giant said on Wednesday, confirming a report by daily Le Figaro.
Johnson & Johnson is buying privately held surgical robotics company Auris Health Inc for about $3.4 billion in cash, the healthcare conglomerate said on Wednesday, as it continues its push into robotics.
Dish Network Corp on Wednesday missed Wall Street estimates for quarterly profit as the U.S. satellite TV service provider lost more-than-expected pay-TV subscribers, sending its shares down 6 percent.
Barclays has spent 100 to 200 million pounds ($129-258 million) moving operations and staff out of Britain to prepare for Brexit, its UK chairman Gerry Grimstone said on Wednesday as bank bosses detailed the costs involved.
Renault on Wednesday said it had decided to scrap certain lucrative pay arrangements for former chairman and chief executive Carlos Ghosn.
Japan’s second-largest automaker Nissan Motor Co has signed a joint venture agreement with an Algerian private partner to build a car assembly plant at a cost of $160 million, the company said on Wednesday.
Airbus is nearing a decision to ax production of the world’s largest airliner amid a downward revision in demand from the Gulf and is likely to give an update with its full-year earnings on Feb. 14, industry sources and analysts said.
Carlos Ghosn’s chief defense attorney Motonari Otsuru resigned and was replaced by a team that includes hotshot lawyer Junichiro Hironaka, in a change of strategy from the ousted Nissan Motor chairman three months after his arrest.
Mastercard Inc said on Wednesday its Chief Financial Officer Martina Hund-Mejean would retire in 2019, after more than a decade in the role, and will be succeeded by Sachin Mehra, the company’s current chief financial operations officer.
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