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Saudi Aramco in race for IPO record with $1.7 trillion top value
Sun, 17 Nov 2019 07:29:21 -0500
Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below…
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'Crown jewel' Aramco stirs loyal Saudi demand for giant IPO
Sun, 17 Nov 2019 07:29:21 -0500
From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online and to local…
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Factbox: Saudi Aramco - the oil colossus
Sun, 17 Nov 2019 04:31:57 -0500
Saudi Aramco set a price range for its blockbuster listing that implies the oil giant is worth between $1.6 trillion…
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Saudi Aramco will not market IPO in the United States: sources
Sun, 17 Nov 2019 04:21:22 -0500
Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources familiar…
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With inflation low, Fed can boost job market: Daly
Sat, 16 Nov 2019 20:11:16 -0500
Sluggish inflation gives the Federal Reserve the leeway to keep borrowing costs low and help draw more workers into the…
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Nissan recalls nearly 400,00 vehicles over braking system defect
Sat, 16 Nov 2019 19:28:02 -0500
Japan's Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system…
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UK's Corbyn: Labour to exclude NHS, medicines from trade deals with U.S.
Sat, 16 Nov 2019 15:53:43 -0500
UK opposition leader Jeremy Corbyn said the Labour Party will exclude Britain's National Health Service and medicines from trade deals…
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U.S. to extend license for its companies to continue business with Huawei: sources
Sat, 16 Nov 2019 08:20:56 -0500
The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business…
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Boeing says timing of 737 MAX return in hands of regulators
Sat, 16 Nov 2019 07:33:27 -0500
Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it…
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U.S. charges another ex-JPMorgan executive with alleged market manipulation
Fri, 15 Nov 2019 21:45:26 -0500
The Department of Justice has charged another former JPMorgan Chase & Co executive with alleged racketeering and manipulating precious metals…
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Ford's UAW members vote to ratify new four-year contract
Fri, 15 Nov 2019 21:44:46 -0500
The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co have voted in favor of…
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Microsoft to probe work of Israeli facial recognition startup it funded
Fri, 15 Nov 2019 21:33:10 -0500
Microsoft Corp has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed…
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Take Five: Fighting fires
Fri, 15 Nov 2019 21:25:51 -0500
How big a risk is a global economic recession? Recently, hopes of a fledgling growth turnaround were doused by data…
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Trade deal hopes, surging health stocks power Wall Street to highs
Fri, 15 Nov 2019 19:51:16 -0500
Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of…
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U.S. FAA regulator head tells team to 'take whatever time needed' on 737 MAX
Fri, 15 Nov 2019 19:02:40 -0500
The head of the U.S. Federal Aviation Administration has told his team to "take whatever time is needed" in their…
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Twitter tightens bans on political ads and causes ahead of 2020 U.S. election
Fri, 15 Nov 2019 18:56:44 -0500
Twitter Inc on Friday said its political advertising ban will include references to political candidates or legislation, and it will…
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Factbox: How social media sites handle political ads
Fri, 15 Nov 2019 18:56:44 -0500
Online platforms including Facebook and Alphabet Inc's Google face growing pressure to stop carrying political ads that contain false or…
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Bristol-Myers Squibb wins antitrust approval to buy Celgene, but must divest psoriasis drug
Fri, 15 Nov 2019 18:56:02 -0500
Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's…
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Oklahoma judge reduces Johnson & Johnson opioid payout to $465 million
Fri, 15 Nov 2019 18:54:24 -0500
An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic…
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Exclusive: U.S. regulator rethinking changes to whistleblower program after backlash - sources
Fri, 15 Nov 2019 18:52:49 -0500
The U.S. securities regulator is rethinking a proposal that could weaken a landmark whistleblower program after a pushback from whistleblower…