July 19, 2019

Exclusive: WeWork to host Wall Street analyst day in IPO push – sources

The We Company, parent of shared office space manager WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company […]
July 19, 2019

U.S. Justice Department may sue to block Sprint, T-Mobile merger: source

The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets […]
July 19, 2019

Asia stocks gain, dollar sags as Fed reinforces rate cut expectations

Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later […]
July 19, 2019

Icahn launches proxy fight after stalled talks with Occidental CEO

Activist investor Carl Icahn on Thursday formally launched a proxy fight against Occidental Petroleum to win control of four board seats, according to a regulatory filing, […]
July 19, 2019

Exclusive: J.C. Penney taps debt restructuring advisers – sources

J.C. Penney Co Inc has hired advisers to explore debt restructuring options that would buy more time for the money-losing U.S. retailer to forge a turnaround, […]
July 18, 2019

Trump meets with airline CEOs over Qatar subsidy accusations

U.S. President Donald Trump met on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab […]
July 18, 2019

U.S. airline group says it had a ‘productive meeting’ with Trump on Qatar

A U.S. airline industry group said it had a “productive” meeting on Thursday with President Donald Trump, who “shares our concerns” about accusations that subsidies by […]
July 18, 2019

Microsoft shares hit record highs, powered by growing cloud sales

Microsoft Corp on Thursday beat analysts’ estimates for fourth-quarter revenue and profit, driven by continued sales increases from its cloud business and sending its shares to […]
July 18, 2019

Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes

Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of […]
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