March 12, 2020

Japan’s Sharp files patent infringement lawsuit against U.S. TV brand Vizio

Japan’s Sharp Corp said on Wednesday it has filed a patent infringement lawsuit against U.S. TV brand Vizio Inc and two others, seeking an injunction to […]
March 12, 2020

Carl Icahn lifts stake in Occidental Petroleum to nearly 10%: WSJ

Activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to almost 10%, scaling up his fight to take control of the oil producer, […]
March 11, 2020

As S&P 500 selloff approaches 20%, what next?

Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. So what? Powered by WPeMatico
March 11, 2020

Wall Street tumbles, Dow confirms bear market

Wall Street stocks plunged on Wednesday, with the Dow confirming a bear market for the first time since the financial crisis after the World Health Organization […]
March 11, 2020

Exclusive: Boeing to separate 737 MAX wire bundles before jet’s return to service – sources

Boeing Co plans to separate 737 MAX wiring bundles, flagged by regulators as potentially dangerous, before the jet returns to service, two people familiar with the […]
March 11, 2020

Factbox: U.S. companies add cash, credit lines as coronavirus leaves markets rattled

U.S. companies rushed to bulk up their cash reserves amid market turmoil fueled by the global coronavirus outbreak and a plunge in oil prices. Powered by […]
March 11, 2020

U.S. oil company workers make big, bad retirement bet: their own stock

Employees at the largest U.S. oil companies have lost around $5 billion in retirement savings since the end of 2018 because of outsized bets on their […]
March 11, 2020

Wall Street tells Trump financial system strong, ready to support borrowers

The U.S. banking industry is strong and ready to help businesses and consumers weather economic fallout from the fast-spreading coronavirus, Wall Street chief executives told President […]
March 11, 2020

Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet

Fears of a U.S. sales slowdown in auto showrooms due to the coronavirus outbreak that has spread globally are appearing in analysts’ forecasts, but industry executives […]
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