August 12, 2019

Yum Brands promotes COO David Gibbs to top job

Yum Brands Inc on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the end of […]
August 12, 2019

U.S. transportation chief asks new FAA head to review agency in wake of 737 MAX crashes

U.S. Transportation Secretary Elaine Chao said on Monday she has asked the new head of the Federal Aviation Administration (FAA) to assess the agency’s performance in […]
August 12, 2019

Yen, gold gain on trade war angst; Argentine peso sinks

Investors piled into gold, safe-haven yen and bonds on Monday over nagging concerns about a prolonged U.S.-China trade war and global growth, while Argentina’s peso plunged […]
August 12, 2019

Oil steadies as Saudi, Kuwait signals offset demand fears

Oil prices were little changed on Monday as expectations that major producers would continue to reduce global supplies faced worries about sluggish crude demand growth due […]
August 12, 2019

Wall Street slips on political tensions, recession fears

Wall Street’s main indexes fell on Monday as protests in Hong Kong added to concerns on the pace of growth in China, already under pressure from […]
August 12, 2019

Tyson to rebuild plant after fire, assures weekly pay for full-time workers

U.S. meat processor Tyson Foods Inc said on Monday it will rebuild a Kansas beef plant after a fire heavily damaged the facility last week and […]
August 12, 2019

Oregon joins states’ lawsuit to block T-Mobile, Sprint merger

Oregon has joined a multistate lawsuit to block the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general’s […]
August 12, 2019

AMS sparks bidding war for Osram, shines spotlight on auto business

Osram said on Monday it would consider a takeover by Austrian sensor maker AMS that trumps a competing bid by Bain and Carlyle with a cash […]
August 12, 2019

CBS shareholders to get slight premium from Viacom deal: sources

CBS Corp and Viacom Inc are in the final stages of negotiating an all-stock merger that values Viacom at a discount to its closing price on […]
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