Business & Finance News
MT. PLEASANT, Wis. (Reuters) – U.S. President Donald Trump praised Taiwanese high-tech company Foxconn and vaguely threatened U.S. motorcycle maker Harley-Davidson on a campaign-style trip on Thursday to Wisconsin, a state that supported him in the 2016 election.
(Reuters) – Twenty-First Century Fox Inc shareholders will vote on Walt Disney Inc’s revised offer to buy some Fox assets on July 27, the companies said.
WASHINGTON (Reuters) – AT&T Inc will pay $5.25 million to settle a U.S. investigation after two outages in 2017 prevented about 15,000 callers from making emergency “911” calls, the company and a federal regulator said on Thursday.
WASHINGTON (Reuters) – Deutsche Bank AG’s U.S. subsidiary failed on Thursday the second part of the U.S. Federal Reserve’s annual stress tests due to “material weaknesses” in its data capabilities and capital planning controls.
OTTAWA (Reuters) – Canada will hit back against U.S. tariffs on its steel and aluminum by offering affected companies and workers up to C$800 million ($603 million) in aid, a source familiar with the matter said on Thursday.
(Reuters) – U.S. stocks rose on Thursday as growth sectors such as technology rebounded from the previous session’s declines and financial shares snapped their 13-day losing streak.
WASHINGTON (Reuters) – AT&T Inc will pay $5.25 million to settle a U.S. investigation after two outages in 2017 prevented about 15,000 callers from making emergency “911” calls, documents show.
NEW YORK (Reuters) – U.S. stocks rose on Thursday, as losses in shares of healthcare companies, battered by Amazon’s foray into drug retailing, were offset by gains in the technology and financial sectors.
SAN FRANCISCO (Reuters) – Tesla Inc is not producing enough Model 3s per shift to reach the 5,000 per week target that Chief Executive Officer Elon Musk said it would reach by Saturday, three line workers at the company’s Fremont, California, assembly plant told Reuters this week.
OTTAWA (Reuters) – Canada will offer an aid package worth between C$500 million ($376.90 million) and C$800 million to help steel and aluminum industries and workers who have been hit by U.S. tariffs, a source familiar with the matter said on Thursday.
(Reuters) – TCI Fund Management Ltd, a large Twenty-First Century Fox Inc shareholder, has urged Fox executive chairman Rupert Murdoch to give Comcast Corp a chance to top Walt Disney Co’s $71 billion offer to buy most of Fox’s assets, according to a letter reviewed by Reuters.
NEW YORK (Reuters) – CVS Health Corp agreed to pay a $1.5 million civil fine to resolve U.S. charges that some of its pharmacies in Nassau and Suffolk counties in New York failed to report in a timely manner the loss or theft of prescription drugs, including the opioid hydrocodone.
(Reuters) – Twitter Inc on Thursday made it easier for users to identify political campaign ads and know who paid for them, as social media platforms faced the threat of U.S. regulation over the lack of disclosure on such spending.
(Reuters) – Twitter Inc said on Thursday its product head Ed Ho will be stepping down and named former live-streaming service Periscope’s Chief Executive Officer Kayvon Beykpour as his replacement.
(Reuters) – Bridgewater Associates, the hedge fund controlled by billionaire investor Ray Dalio, plans to become a partnership in the coming months, giving its top executives more say in running the fund, the New York Times reported on Thursday.
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