November 14, 2018

Exclusive: Snap reveals U.S. subpoenas on IPO disclosures

The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc for information about its March 2017 initial public offering, the social media app […]
November 13, 2018

Oil slumps 7 percent to one-year low as rout extends to 12 days

Oil’s slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand […]
November 13, 2018

Amazon picks New York City, Washington D.C. area for new offices

Amazon.com Inc picked America’s financial and political capitals for massive new offices on Tuesday, branching out from its home base in Seattle with plans to create […]
November 13, 2018

Nike hires former Coca-Cola executive as Jordan Brand president

Nike Inc on Tuesday named former Coca-Cola Co executive Craig Williams as president of its sports shoes unit Jordan Brand. Powered by WPeMatico
November 13, 2018

Starbucks to lay off 350 global corporate employees

Starbucks Corp is laying off about 350 global corporate employees, Chief Executive Officer Kevin Johnson said on Tuesday in a memo to employees, seen by Reuters. […]
November 13, 2018

S&P, Dow lose ground as crude plunge punishes energy stocks

The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed […]
November 13, 2018

Blue Apron cuts headcount by 4 percent; posts drop in orders

Blue Apron Holdings Inc said on Tuesday it would reduce its headcount by 4 percent, as the meal-kit delivery company focuses on its online business to […]
November 13, 2018

Juul Labs to pull sweet e-cig flavors to curb youth use

Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail […]
November 13, 2018

CEO of Walmart’s India venture resigns after sexual assault accusation: source

The head of Walmart Inc’s Indian venture Flipkart Group, Binny Bansal, has resigned following an internal probe into “serious personal misconduct”, Walmart said on Tuesday, and […]
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