Month: March 2019

Huawei Technologies Co Ltd on Wednesday sued the U.S. government but supporting documents detailing the lawsuit were not yet available.

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Asian shares rose marginally in early trade on Thursday, with caution prevailing as investors awaited some kind of resolution to Sino-U.S. trade negotiations, while the euro remained under pressure ahead of the European Central Bank meeting.

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Sears is back into court, less than one month after emerging from bankruptcy protection.

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A gauge of global stocks lost ground for a third straight session on Wednesday, unable to build momentum from a jump in Chinese equities, while the Canadian dollar weakened after a dovish turn by the Bank of Canada.

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Boeing Co is indicating “full speed ahead” for a new midsized airplane in what would be the first all-new jet program for the world’s biggest planemaker in more than a decade, Air Lease Corp’s chief executive, John Plueger, said on Wednesday.

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The U.S. Federal Reserve said on Wednesday it would no longer flunk banks based on operational or risk management lapses during its annual health check of the country’s domestic banks.

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Consumer research services provider Nielsen Holdings Plc said on Wednesday it had teamed up with cannabis analytics company Headset, to help packaged goods companies understand the U.S. cannabis market.

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Exxon Mobil Corp plans to boost capital spending for several years, CEO Darren Woods said on Wednesday, and the largest U.S. oil company’s shares fell after he laid out a strategy to “lean in” while the rest of the industry cuts back.

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Chief executives of major companies said at a White House forum on Wednesday that they are hiring more Americans without college degrees as they search to find increasingly scarce applicants for open jobs.

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Amazon.com Inc will close all of its U.S. pop-up stores and focus instead on opening more book stores, a company spokesperson said on Wednesday.

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Huawei Technologies is set to announce a lawsuit on Thursday against the United States, ratcheting up its response to a campaign aimed at closing it out of Western markets for fear its telecoms equipment could be used by Beijing for spying.

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General Electric Co is exploring a sale of its 50 percent stake in a renewable energy joint venture with Italy’s Enel SpA, the latest deal GE CEO Lawrence Culp is pursuing to pay down debt, according to people familiar with the matter.

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Wall Street’s main indexes fell for a third session on Wednesday, with the S&P 500 posting its biggest one-day decline in a month, as healthcare and energy shares slumped and investors sought reasons to buy after the market’s strong rally to start the year.

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Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co on Wednesday said their joint healthcare company would be called Haven and will focus on better primary care access, simpler insurance benefits and more affordable prescription drugs for their employees.

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