Business & Finance News
Oil prices fell on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year prevented a bigger fall in prices.
Asian stocks camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived Brexit fears came back to haunt it.
Asian stocks camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived Brexit fears came back to bite it.
An associate producer on the CBS current affairs TV show “60 Minutes” filed a lawsuit on Tuesday alleging gender discrimination and retaliation by the company after she complained about inappropriate conduct by her boss.
A U.S. bankruptcy judge approved on Tuesday PG&E Corp’s $13.5 billion settlement with victims of Californian wildfires, and the company’s stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned.
An Ireland-based plane lessor sued Boeing Co on Tuesday for breaching a contract for 22 of the U.S. planemaker’s 737 MAX aircraft and sought a compensation of $185 million.
Oil retreated on Wednesday after rising more than 1% in the previous session as U.S. industry data showed a surprise build in crude stocks, but hopes for firmer demand next year checked a deeper fall in prices.
PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public Utilities Commission (CPUC).
FedEx Corp on Tuesday issued its second warning for fiscal 2020 profit as it spent heavily to launch Sunday delivery in time for the holidays, the continued tariff fight restrained global trade, and it grappled with fallout from its breakup with Amazon.com.
PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public Utilities Commission (CPUC).
Asian stocks took a breather at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking its wounds as revived Brexit fears came back to bite it.
Shared workplace operator WeWork said on Tuesday it has arranged a $1.75 billion letter of credit with Goldman Sachs that is in the process of being syndicated and whose funds are expected to be available in January.
FedEx Corp on Tuesday issued its second warning on fiscal 2020 profit after quarterly earnings fell sharply on lackluster global trade and the end of its relationship with Amazon.com, the world’s top online retailer.
Utility PG&E Corp’s $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company’s stock rallied as it gained momentum to emerge from bankruptcy in June as planned.
An associate producer on CBS current affairs TV show “60 Minutes” filed a lawsuit on Tuesday alleging gender discrimination and retaliation by the U.S. company after she said she complained about inappropriate conduct by her male boss.
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