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…
'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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…