May 18, 2020

SEC settles charges against three former KPMG auditors

The U.S. Securities and Exchange Commission (SEC) on Monday said it settled charges against three former KPMG LLP audit partners stemming from a cheating scandal at […]
May 18, 2020

Lucky U.S. chickens fly the coop as pandemic hits egg demand

About 1,000 lucky chickens flew on two chartered cargo planes to a California sanctuary from an Iowa farm that has been euthanizing its flock as the […]
May 18, 2020

Disney’s streaming chief Mayer to become TikTok CEO

Walt Disney Co’s top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of TikTok, the popular […]
May 18, 2020

SoftBank in talks to sell down T-Mobile U.S. stake to Deutsche Telekom: WSJ

SoftBank Group Corp is in talks to sell “a significant portion” of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal […]
May 18, 2020

S&P 500 closes at 10-week high on vaccine hopes, stimulus pledge

U.S. stocks jumped on Monday, and the S&P 500 closed at a 10-week high, on encouraging early-stage data for a potential coronavirus vaccine and on the […]
May 18, 2020

Uber to focus on core rides, delivery business as it cuts 23% of workforce

Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce in an attempt to become profitable […]
May 18, 2020

Disney’s Mayer to become TikTok CEO

Walt Disney Co said on Monday its top streaming executive, Kevin Mayer, will leave to become the Chief Executive Officer of Bytedance’s popular video app TikTok. […]
May 18, 2020

As flying returns, jetmakers seek to quell fears over cabin air

Jet manufacturers and airlines are launching an urgent initiative to convince nervous travelers that the air they breathe on planes is safe, believing this is critical […]
May 18, 2020

Stimulus, vaccine hopes drive S&P 500 to 10-week high

U.S. stocks surged on Monday, with the S&P 500 hitting a 10-week high, as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with […]
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