Apple plans new $1 billion campus for Austin, Texas
Thu, 13 Dec 2018 12:34:35 -0500
Apple Inc said on Thursday it would spend $1 billion to build a second campus in Austin, Texas, that will…
YouTube, under pressure for problem content, takes down 58 million videos in quarter
Thu, 13 Dec 2018 12:32:44 -0500
YouTube took down more than 58 million videos and 224 million comments during the third quarter based on violations of…
Delta Air Lines shares drop on weak revenue outlook
Thu, 13 Dec 2018 12:16:01 -0500
Shares in U.S. carrier Delta Air Lines Inc dropped 4 percent in Thursday morning trading on concerns that slowing global…
Oil prices edge up on hopes global supplies will tighten
Thu, 13 Dec 2018 12:15:20 -0500
Oil prices climbed 1 percent on Thursday, after data showed inventory declines in the United States and as investors began…
Caterpillar CEO Jim Umpleby to take on chairman role
Thu, 13 Dec 2018 12:11:18 -0500
Caterpillar Inc said on Thursday Chief Executive Officer Jim Umpleby would take on the additional role of chairman, effective immediately.
Wall Street pares gains after trade-fueled rally
Thu, 13 Dec 2018 12:10:46 -0500
U.S. stocks gave up early gains on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with…
Exclusive: Chinese battery firm halts purchases of cobalt from Glencore - sources
Thu, 13 Dec 2018 12:09:20 -0500
Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that…
ECB ends crisis-fighting bond buys but eyes increasing risks
Thu, 13 Dec 2018 12:08:34 -0500
The European Central Bank formally ended its 2.6 trillion euro crisis-fighting bond purchase scheme on Thursday but promised to keep…
U.S. labor market tightening; inflation pressures muted
Thu, 13 Dec 2018 11:49:24 -0500
The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease…
Stocks edge up on trade hopes; Euro dips after ECB
Thu, 13 Dec 2018 11:37:24 -0500
A gauge of world equities climbed for a third straight session on U.S. trade hopes on Thursday and the pound…
Nissan sues ousted chairman's sister for 'unjust enrichment'
Thu, 13 Dec 2018 11:26:49 -0500
Nissan sued ousted chairman Carlos Ghosn's sister on Tuesday in a Rio de Janeiro court for "unjust enrichment," according to…
Renault finds no irregularities in Ghosn pay audit
Thu, 13 Dec 2018 11:26:49 -0500
Renault said on Thursday an audit launched in the wake of Chairman and CEO Carlos Ghosn's arrest in Japan had…
Long-time GE bear ditches negative view, shares jump
Thu, 13 Dec 2018 11:09:30 -0500
A JP Morgan analyst who has long held a negative outlook on General Electric Co shares as they have tumbled…
Exclusive: Carlsberg, United Breweries plead leniency in India beer cartel probe - sources
Thu, 13 Dec 2018 10:48:50 -0500
Denmark's Carlsberg and India's United Breweries have filed pleas with Indian authorities, seeking leniency in a probe into alleged collusion…
Group forms to oppose tie-up of U.S. telecom firms T-Mobile, Sprint
Thu, 13 Dec 2018 10:47:16 -0500
An array of companies and groups that have opposed T-Mobile US Inc's plan to buy Sprint Corp announced on Thursday…
Ford set to end production at Blanquefort in France, jobs at risk
Thu, 13 Dec 2018 10:46:43 -0500
Ford will end production at its Blanquefort plant in France by late August next year after rejecting a rescue deal…
Huawei $2 billion security pledge followed walkout by British official: sources
Thu, 13 Dec 2018 10:31:48 -0500
Huawei's relations with British authorities hit a low last month when a top official walked out of a meeting with…
Ford's rejection of deal for Blanquefort was 'betrayal': French minister
Thu, 13 Dec 2018 10:18:02 -0500
Ford's rejection of a rescue deal for the Blanquefort site in France represented a "betrayal" by the U.S. carmaker, said…
Bombardier's venture in China gets $453 million state rail contract
Thu, 13 Dec 2018 10:16:48 -0500
Canadian manufacturer Bombardier Inc's Chinese joint venture said on Thursday it had won a $453 million contract to supply 168…
Airbus strategy review augurs clean break under new CEO
Thu, 13 Dec 2018 09:26:59 -0500
Airbus has launched a strategic review to outline changes under incoming chief executive Guillaume Faury as it faces industrial challenges…