Business & Finance News
General Motors Co , Toyota Motor Corp , Fiat Chrysler Automobiles NV and other major automakers late Thursday sought to intervene on the side of the Trump administration in two additional legal challenges to its efforts to bar California from setting tailpipe emissions standards.
China will use a giant import fair in Shanghai next week to try to showcase its free trade credentials, temper criticism of its policies and deepen its global economic influence at a time of fresh uncertainty over the China-U.S. trade war.
Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain future demand.
The Canadian attorney general has filed affidavits asserting that information identifying Huawei Chief Financial Officer Meng Wanzhou’s electronic devices was not shared with the United States Federal Bureau of Investigation (FBI) during her December 2018 arrest in Vancouver, court documents showed on Thursday.
Asian shares fell on Friday in a weak start to the month and off three-month highs struck this week on fresh concerns over Sino-U.S. trade prospects and ahead of U.S. economic data, while the dollar eased against major rivals.
Senior government officials in multiple U.S.-allied countries were targeted earlier this year with hacking software that used Facebook Inc’s WhatsApp to take over users’ phones, according to people familiar with the messaging company’s investigation.
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.
Hudson’s Bay Co shareholder Catalyst Capital Group Inc has opposed an agreed deal by the struggling Canadian department store operator with a group led by executive chairman Richard Baker to be taken private.
Pinterest Inc fell short of Wall Street estimates for quarterly revenue on lower-than-expected average revenue per user and its revised full-year sales forecast came marginally below expectations, sending its shares tumbling 20%.
Qantas Airways Ltd said on Friday it found structural cracks in three of its Boeing Co 737 NG planes after conducting earlier-than-required checks of its aircraft as part of a global issue with the model.
The former chief of staff to ousted WeWork CEO Adam Neumann has accused him and the company of discrimination, saying she was belittled for getting pregnant, forced out of her job in favor of a man making more than twice her salary when she took maternity leave and ultimately fired for raising concerns.
Wells Fargo & Co’s new chief executive, Charlie Scharf, told employees this week he is more hands-on in his early days than at his previous CEO roles in order to tackle the bank’s regulatory and operational problems as staff grilled him about everything from growth targets to his family dog.
American Airlines’ flight attendants union still has safety concerns about the Boeing 737 MAX and is demanding an active role in the relaunch of the grounded aircraft, its president told Boeing Co’s chief executive in a letter seen by Reuters.
A United Auto Workers official was charged on Thursday with embezzling hundreds of thousands of dollars in an alleged scheme that a person familiar with the case said involved union President Gary Jones.
Pinterest Inc on Thursday missed Wall Street estimates for third-quarter revenue as it earned lower-than-expected average revenue per user, and forecast full-year sales marginally below expectations.
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