WASHINGTON (Reuters) – Volkswagen AG has reached a $33.5 million settlement with Maryland over state claims related to the German automaker’s excess emissions, court documents show.
(Reuters) – Twitter Inc shares fell about 5 percent Wednesday after the social network said its revenue growth would slow this year and costs rise as it works to fight the spread of hate speech and allegations of election manipulation through its service.
(Reuters) – Financial and technology stocks led Wall Street lower on Wednesday as concerns about rising U.S. bond yields eclipsed gains from Boeing and Comcast following strong results.
(Reuters) – Boeing Co’s profit surged past Wall Street estimates in the first quarter and booming demand for commercial jets pushed the world’s biggest planemaker to raise forecasts for cash flow and earnings in what promises to be another record year.
LIPETSK, Russia (Reuters) – French fries at McDonald’s restaurants from Moscow to Murmansk will be Russian from now on, as the American fast-food chain turns to homegrown potatoes to deal with rouble volatility caused by fluctuating oil prices and Western sanctions.
Apple used to stick to a consistent pattern for numbering its iPhones. For the past decade, there was an easy way to figure out if you had the newest and fastest iPhone: simply look at the model’s number. For example, the iPhone 7 is faster and newer than the iPhone 6. …read more […]
The former vice chair said the 125-year-old company should consider joint ventures instead of liquidating. …read more […]
(Reuters) – U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.
Microsoft CEO Satya Nadella went to Hyderabad Public School, Begumpet. It’s a private school in southern India that was founded to teach the sons of aristocrats. If you’re looking to raise one of the most powerful business leaders in the world, you might want to send your kid to Hyderabad Public School, Begumpet, in India. …read more […]
(Reuters) – Nasdaq Inc is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves, the head of the exchange operator said on Wednesday.
(Reuters) – U.S. stock indexes swung between gains and losses on Wednesday, as Boeing’s jump after upbeat results and outlook was negated by declines in technology stocks and rising U.S. bond yields.
NEW YORK (Reuters) – A gauge of global equities was poised for its longest losing streak of the year on Wednesday as 10-year U.S. Treasury yields once again rose above the 3 percent mark, stoking concerns about rising costs that could dampen corporate earnings this year.
IMPERIAL, Pennsylvania (Reuters) – General Electric CO employees and shareholders voiced frustration on Wednesday with the company’s poor performance, while attending the first annual meeting under Chief Executive Officer John Flannery, who has presided over a 43 percent decline in GE’s stock price since taking over on Aug. 1.
ARLINGTON, Va.–CACI International Inc (NYSE:CACI) announced today it has been awarded a $145 million task order to support the U.S. Army Intelligence and Security Command (INSCOM) Counter Insurgency Targeting Program (CITP). The three-and-a-half-year, single-award contract, […]
LONDON/NEW YORK (Reuters) – U.S. media group Comcast submitted a 22 billion pound($30.7 billion) bid for Sky on Wednesday, prompting the European pay TV group to drop its support for a lower offer from Rupert Murdoch’s Twenty-First Century Fox .
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