September 13, 2019

Exclusive: WeWork considers IPO valuation of as low as $10 billion – sources

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to […]
September 13, 2019

PG&E reaches $11 billion settlement relating to wildfire claims

California power producer PG&E Corp said on Friday it has reached an $11 billion settlement with entities representing about 85% of insurance subrogation claims relating to […]
September 13, 2019

Crisis-hit Boeing readies huge effort to return 737 MAX to the skies

As Boeing Co sets its sights on winning approval to fly its 737 MAX within weeks, following a six-month safety ban, engineers around the world are […]
September 13, 2019

White House moving forward to strip California of vehicle authority: sources

The Trump administration is moving forward with a plan to revoke California’s authority to set its own vehicle greenhouse gas standards and declare that states are […]
September 13, 2019

Tech companies won’t wait for U.S. to act on social media laws, Microsoft’s president says

Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that technology companies are likely to change how they moderate online platforms in response […]
September 13, 2019

London Stock Exchange rejects Hong Kong’s $39 billion takeover offer

London Stock Exchange has rejected Hong Kong Exchange’s $39 billion takeover offer, opting to stick with its planned purchase of data and analytics group Refinitiv. Powered […]
September 13, 2019

Milan bourse strategic for Italy due to MTS bond trading platform: minister

Italy’s new economy minister said on Friday that the Milan bourse, which is part of the London Stock Exchange Group , is a strategic asset because […]
September 13, 2019

Ford, GM rev up electric pickup trucks to head off Tesla

Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century – with heavy […]
September 13, 2019

Futures rise as investors cheer trade progress

U.S. stock index futures rose on Friday as new signs of progress in trade relations between the United States and China comforted markets, which have been […]
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