June 25, 2019

Fed’s Barkin sees risk the U.S. could talk itself into a recession; no sign of it yet

Richmond Federal Reserve President Thomas Barkin on Tuesday said there was a risk the United States could talk itself into a recession but added he saw […]
June 25, 2019

Disney poaches Netflix film-making chief for streaming service: Deadline

Walt Disney Co has hired the head of Netflix Inc’s original film division, Matt Brodlie, for its streaming service Disney+, according to a report by Deadline […]
June 25, 2019

U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals

The U.S. Department of Justice has begun a criminal probe into allegations that Tyson Foods Inc and other poultry processors including Pilgrim’s Pride Corp and Sanderson […]
June 25, 2019

Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan’s Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in […]
June 25, 2019

Tesla likely to miss record second-quarter delivery target: Electrek

Shares of Tesla Inc fell 1.3% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America […]
June 25, 2019

Comcast’s SKY Italia appoints Maximo Ibarra as new CEO

SKY Italia has appointed Maximo Ibarra as its new chief executive effective Oct. 1 as it expands its business, the Italian unit of U.S. media group […]
June 25, 2019

U.S. consumer confidence dives, trade tensions hurting economy

U.S. consumer confidence tumbled to a 21-month low in June as households grew a bit more pessimistic about business and labor market conditions amid concerns about […]
June 25, 2019

European watchdogs demand detail on Facebook’s cryptocurrency

Facebook’s fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant’s Libra project. Powered by […]
June 25, 2019

UPS will not join FedEx lawsuit against U.S. government

Parcel delivery company United Parcel Service Inc said on Tuesday it would not join rival FedEx Corp’s lawsuit against the U.S. government. Powered by WPeMatico
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