November 15, 2018

Euro, pound firm after draft Brexit deal; yen strengthens

The dollar weakened on Thursday against the pound and euro, which rose after Britain’s prime minister won cabinet approval for her draft Brexit plan, but gains […]
November 15, 2018

American Airlines ‘unaware’ of some Boeing 737 MAX functions until last week: spokesman

American Airlines Group Inc said on Wednesday it was “unaware” of some functions of an anti-stall system on Boeing Co’s 737 MAX until last week. Powered […]
November 15, 2018

Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat

Asian stocks rose on Thursday, taking heart from a bounce in Chinese shares on news that China has delivered a written response to U.S. trade demands, […]
November 15, 2018

Bain Capital Ventures closes $1 billion fund amid venture fund-raising frenzy

Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion fund to invest in startups, […]
November 14, 2018

U.S. lawmaker says Facebook cannot be trusted to regulate itself

Democratic U.S. Representative David Cicilline, expected to become the next chairman of House Judiciary Committee’s antitrust panel, said on Wednesday that Facebook cannot be trusted to […]
November 14, 2018

Walmart’s LatAm delivery app Cornershop eyeing Canada and U.S

Cornershop, a Latin American grocery delivery app being acquired by Walmart, plans to expand into Canada early next year as a test market for the United […]
November 14, 2018

A matter of volume: threat from ascendant Chinese phones hangs over Apple

A raft of profit warnings from Apple Inc suppliers this week has fueled investor concerns that iPhone sales, in terms of volume, have hit a wall […]
November 14, 2018

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Warren Buffett’s Berkshire Hathaway Inc has deepened its commitment to the U.S. financial industry, announcing new stakes in JPMorgan Chase & Co, PNC Financial Services Group […]
November 14, 2018

Jury clears J&J of liability in California talc cancer case

A California jury on Wednesday cleared Johnson & Johnson of liability in a case involving a woman who alleged that the company’s talc-based products, including its […]
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