February 5, 2019

Earnings send Wall Street higher ahead of Trump State of the Union speech

U.S. stocks rose on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the highly awaited State of the Union address by President Donald […]
February 5, 2019

Apple agrees to pay back-taxes to French authorities

Apple’s French division said it had reached a deal with France to pay an undeclared amount of back-dated tax, which French media estimated at around 500 […]
February 5, 2019

Chevron CEO Wirth set to earn $19 million in annual pay

(This February 4 story corrects headline and paragraphs 1, 4 to show Wirth is eligible to earn $19 million, not “more than $28 million”.) Powered by […]
February 5, 2019

Uniper CEO, CFO to step down at end of August

The chief executive and finance chief of energy group Uniper, which has been in a tussle with major shareholder Fortum, will step down at the end […]
February 5, 2019

Fiat Chrysler recalls 882,000 pickup trucks for steering, pedal issues

Fiat Chrysler Automobiles NV said on Tuesday it would recall 882,000 pickup trucks worldwide in two new recalls to address steering and pedal issues. Powered by […]
February 5, 2019

U.S. jury orders Takeda to pay Bayer $155 million over hemophilia drug

A U.S. jury has ordered Takeda Pharmaceutical Co’s Baxalta unit to pay Bayer AG $155.19 million for infringing a patent related to a Baxalta hemophilia treatment, […]
February 5, 2019

Small-cap stocks shrug off debt concerns, for the moment

Small-cap stocks were among the biggest losers during the stock market’s rout late last year as investors worried about high leverage, but they have outperformed in […]
February 5, 2019

Appaloosa steps up pressure on Allergan to split chairman, CEO roles

Hedge fund Appaloosa LP on Tuesday urged pharmaceutical company Allergan Plc to split its chairman and chief executive roles, arguing that an independent chair could help […]
February 5, 2019

HSBC cuts dozens of investment banking jobs: source

HSBC is preparing to lay off dozens of staff in its global banking and markets business, a source with direct knowledge of the matter told Reuters […]
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