October 17, 2018

At Facebook, public funds join push to remove Zuckerberg as chairman

Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following several high-profile scandals […]
October 17, 2018

Corona maker’s CEO Rob Sands to step down, insider to replace him

Constellation Brands Inc’s Rob Sands is stepping down as CEO, ending an era in which the family-backed alcohol producer became one of the biggest beer brewers […]
October 17, 2018

Aluminum producer Alcoa tops profit estimates, shares rise

Top U.S. aluminum producer Alcoa Corp reported a better-than-expected quarterly profit on Wednesday, as a series of supply hits boosted alumina prices. Powered by WPeMatico
October 17, 2018

U.S. environmental agency says in talks with Volvo over emissions issue

The U.S. Environmental Protection Agency said on Wednesday it has been in talks with Volvo over the last few weeks about an issue with catalytic converters […]
October 17, 2018

U.S. data drags oil lower; dollar up after Fed minutes

Oil prices fell on Wednesday after U.S. crude inventories rose by much more than expected and exports fell, while the dollar added to gains after minutes […]
October 17, 2018

Wall St. falls as investors eye a united hawkish Fed

Wall Street’s major indexes edged lower after a choppy session on Wednesday after the Federal Reserve showed broad agreement on the need to raise borrowing costs […]
October 17, 2018

Corona brewer Constellation’s CEO Rob Sands to step down: WSJ

Corona beer maker Constellation Brands’ Chief Executive Officer Rob Sands will step down in March and be replaced by the company’s President Bill Newlands, the Wall […]
October 17, 2018

Despite Trump criticism, Fed sees need for more rate hikes

Federal Reserve policymakers are largely united on the need to raise borrowing costs further, minutes from their most recent policy meeting show, despite U.S. President Donald […]
October 17, 2018

U.S. Senate panel wants Hyundai, Kia to testify on engine fire reports

The Senate Commerce Committee’s Republican chairman and ranking Democrat said on Wednesday they have asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp […]
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