Business & Finance News
SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive Elon Musk accused an employee of “extensive and damaging sabotage” to the company’s operations in an email sent on Monday to company employees.
WASHINGTON (Reuters) – The U.S. Senate passed a $716 billion defense policy bill on Monday, backing President Donald Trump’s call for a bigger, stronger military but setting up a potential battle with the White House over Chinese telecommunications firm ZTE Corp .
LOS ANGELES (Reuters) – AT&T Inc is promising fewer commercials, smaller channel bundles and personalized programming now that it has taken over Time Warner channels in an $85 billion mega-merger.
(Reuters) – Wells Fargo & Co is expected to announce a restructuring of its wealth management business, the Wall Street Journal reported on Monday, citing people familiar with the matter.
WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo on Monday slammed China’s trade practices as “predatory economics 101” and said statements by Beijing in recent weeks that it was moving to open its economy were “a joke.”
NEW YORK (Reuters) – A Wendy’s restaurant in Oklahoma is under fire after an employee video showing a mouse inside a bag of hamburger buns was widely shared online.
LOS ANGELES (Reuters) – AT&T Inc should be able to reduce the number of commercials on its newly acquired Time Warner networks by using wireless and TV customer data to target personalized advertisements, John Stankey, the longtime AT&T executive who will run the networks, said in an interview on Monday.
MADRID/LONDON (Reuters) – Private equity firm KKR is close to buying a stake in the telecom towers business of Altice , three sources told Reuters, a deal that will help the telecoms and cable group to pay down debt and reshape its European operations.
NEW YORK (Reuters) – The Dow and S&P fell modestly on Monday, ending well off session lows, as gains in energy shares helped curb declines stemming from trade war concerns after China’s retaliation to U.S. tariffs.
(Reuters) – The U.S. National Transportation Safety Board (NTSB) will send a technical specialist to observe a Tesla Inc examination into the causes of a battery fire last Friday involving one of the electric automaker’s Model S vehicles in California, the agency said on Monday.
WASHINGTON (Reuters) – JPMorgan Chase Bank NA will have to pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAfix benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Monday.
(Reuters) – Video game and electronics retailer GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.
(Reuters) – Videogame and electronics retailer GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.
(Reuters) – Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
NEW YORK (Reuters) – The Dow and S&P were modestly lower on Monday, having recovered from earlier lows, as gains in energy shares helped curb declines stemming from trade war concerns after China’s retaliation to U.S. tariffs.
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