December 14, 2018

Nissan board may fail to select new chairman on Monday: Nikkei

Nissan Motor Co’s board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to […]
December 14, 2018

New York sues Target, Walmart over lead-contaminated toys

Target Corp , Walmart Inc and toy importer LaRose Industries were sued on Thursday over the sale of lead-contaminated children’s toys, New York Attorney General Barbara […]
December 14, 2018

GE’s digital unit to sell majority stake in ServiceMax

General Electric Co on Thursday said its digital unit would sell a majority stake in ServiceMax, a cloud-based provider of software used in inventory and workforce […]
December 14, 2018

U.S. recession risks jump, Fed rate hike expectations slump: Reuters poll

The risk of a U.S. recession in the next two years has risen to 40 percent, according to a Reuters poll of economists who also found […]
December 13, 2018

Costco margin dip overshadows sales beat, shares slide

Costco Wholesale Corp’s gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut […]
December 13, 2018

Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case

A federal judge on Thursday ruled that evidence provided by chip supplier Qualcomm Inc that major phone makers like Apple Inc have moved to competing suppliers […]
December 13, 2018

PG&E seeks 12 percent rate hike in 2020

PG&E Corp said on Thursday it had requested California’s top utilities regulator for a 12 percent rate hike in 2020 to fund its community wildfire safety […]
December 13, 2018

Instacart, Amazon’s Whole Foods relationship to end next year

Instacart said on Thursday it will stop delivering groceries for Whole Foods next year, ending a partnership that has been under stress since Amazon.com Inc bought […]
December 13, 2018

Brazil judge allows ousted Nissan chairman access to Rio apartment

A Brazilian appellate judge on Thursday granted ousted Nissan Chairman Carlos Ghosn access to a Rio de Janeiro apartment, whose contents have become subject of an […]
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