Month: February 2019

BlackRock Inc is hiring former U.S. Federal Reserve Vice Chair Stanley Fischer as a senior adviser, the world’s largest fund manager said in a memo on Wednesday.

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Levi Strauss & Co filed documents on Wednesday to list itself on the New York Stock Exchange, seeking to return to public markets after more than three decades.

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Hopes for a resolution in a prolonged trade spat between the United States and China helped extend a week-long rally in world stock markets on Wednesday, while bond yields also climbed.

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Johnson & Johnson is buying privately held Auris Health Inc, which makes a robotic scope used in respiratory and lung cancer procedures, for $3.4 billion in cash to gain access to devices that make difficult surgical procedures simpler.

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Nestle will sell Starbucks-branded coffee at grocery stores and online in Europe, Asia and Latin America from this month as it seeks to increase its lead over rivals such as JAB.

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German car and truck manufacturer Daimler on Wednesday said it had appointed Harald Wilhelm as its new Chief Financial Officer to replace Bodo Uebber.

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The chief executives of Apple Inc, Walmart Inc, IBM Corp and other major companies are joining a Trump administration advisory board that hopes to prepare U.S. workers to deal with job training issues and the worforce shift brought by artificial intelligence and automation, the U.S. Commerce Department said on Wednesday.

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Jeans maker Levi Strauss & Co on Wednesday filed documents to list itself on the New York Stock Exchange, as the 145-year old company seeks to return to the public markets after more than three decades.

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U.S. stocks extended a rally on Wednesday, powered by rising expectations that the United States and China could strike a deal during their trade talks, with sentiment buoyed by benign inflation data that did little to change the outlook on rates.

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The chief executives of Apple Inc, Walmart Inc, IBM Corp and other major companies are joining a Trump administration advisory board on workforce policy, the U.S. Commerce Department said Wednesday.

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U.S. stocks opened higher on Wednesday, buoyed by hopes that the ongoing U.S.-China trade talks could result in an agreement, while benign inflation data did little to change the outlook on interest rates.

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Jeans maker Levi Strauss on Wednesday filed for an initial public offering of up to $100 million.

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Ford Motor Co said on Wednesday it was recalling about 1.48 million F-150 pickup trucks in North America due to a potential transmission downshift issue that could increase the risk of a crash.

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Renault said it had scrapped 30 million euros ($34 million) in deferred and severance pay to former boss Carlos Ghosn, forced out last month following his arrest for suspected financial misconduct at Japanese affiliate Nissan.

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Ford Motor Co on Wednesday said it was recalling about 1.48 million F-150 pickup trucks in North America due to a transmission issue that could increase the risk of a crash.

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