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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…
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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…
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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…
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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…
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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.
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…