WASHINGTON (Reuters) – States have broad authority to force online retailers to collect potentially billions of dollars worth of sales taxes, the U.S. Supreme Court ruled on Thursday, siding with South Dakota in its high-profile fight with e-commerce companies.
Intel CEO Brian Krzanich has resigned after the company learned of what it called a consensual relationship with an employee. Intel said Thursday that the relationship was in violation of the company’s non-fraternization policy, which applies to all managers. Chief Financial Officer Robert Swan will take over as interim CEO immediately. …read more […]
BRUSSELS/FRANKFURT (Reuters) – Mercedes-Benz maker Daimler shocked investors on Thursday with a warning that trade tensions would hit sales, while fears of a “tit-for-tat” trade war grew as Europe readied retaliatory tariffs against the United States.
AT&T this morning announced the launch of a second TV streaming service, …read more […]
(Reuters) – The Dow Jones Industrial Average opened lower on Thursday, as concerns over an ongoing trade spat between the United States and China lingered, while strong results from Micron and gains in large-cap technology stocks buoyed the S&P 500 and Nasdaq.
In a press release touting “another record year,” Intel dropped a a bombshell, …read more […]
(Reuters) – Intel Corp on Thursday said Chief Executive Officer Brian Krzanich has resigned, effective immediately, after a probe revealed that a past consensual relationship with an Intel employee violated company policy.
(Reuters) – Kroger Co on Thursday raised the lower-end of its full-year earnings forecast and posted better-than-expected quarterly profit, as investments in online and delivery services paid off, sending its shares up nearly 8 percent.
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.
LONDON (Reuters) – Top-20 Sky investor Crispin Odey said he expects the bidding war for the media company to carry on over the summer and that the European broadcaster could be worth as much as 50 billion pounds ($65.5 billion).
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.
Most of the tech stocks are following the FAANG on the upward journey and are easily crushing them from a year-to-date look. Below we have highlighted five of them. …read more […]
(Reuters) – Kroger Co on Thursday tightened its profit forecast for the full year as the grocer’s investments in delivery and online services helped it better compete with Walmart Inc and Amazon.com Inc’s Whole Foods.
CANNES, France (Reuters) – Martin Sorrell, the founder of WPP , used his first major public appearance since quitting as chief executive in April to hit out at the advertising giant over the treatment he received from the board.
VIENNA (Reuters) – OPEC edged closer on Thursday toward raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable.
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