February 27, 2019

JPMorgan hires commercial bankers, leaders across Europe, Asia

JPMorgan Chase & Co on Wednesday named half a dozen people to a commercial banking team in Europe and new international and Asia-Pacific regional leaders, as […]
February 27, 2019

PG&E delayed key power line safety overhaul, filings show; shares slip

Shares of PG&E Corp fell about 3 percent after federal filings showed that the power utility had delayed a safety overhaul of a high-voltage transmission line, […]
February 27, 2019

Oil rises 2 percent as U.S. crude stocks plunge, OPEC brushes off Trump

Oil futures gained about 2 percent on Wednesday after U.S. crude inventories unexpectedly plummeted and as Saudi Arabia brushed aside comments from U.S. President Donald Trump […]
February 27, 2019

Exclusive: KKR, China’s Tencent eyeing bids for Universal Music – sources

U.S. buyout fund KKR and China’s Tencent Music Entertainment Group are exploring rival bids for up to half of Vivendi’s iconic Universal Music division, a deal […]
February 27, 2019

FedEx partners with Walmart, Pizza Hut to test last-mile delivery robot

FedEx Corp this summer plans to begin testing a robot to handle home deliveries for partners ranging from Walmart Inc to Pizza Hut. Powered by WPeMatico
February 27, 2019

WeWork aims for the middle with expanded ‘HQ’ service

WeWork is expanding an effort to retain mid-sized businesses which had been leaving the shared office space manager after they grew past the small-company phase, and […]
February 27, 2019

Best Buy shares surge 16 percent on upbeat profit view, robust holiday quarter

Best Buy Co Inc shares surged 16 percent on Wednesday after it gave an upbeat profit forecast for the year and reported better-than-expected holiday-quarter sales. Powered […]
February 27, 2019

Oil jumps after U.S. crude stocks drop, OPEC stays firm on cuts

Oil futures rose more than 2 percent on Wednesday after a surprising plunge in U.S. crude inventories and as OPEC’s de facto leader Saudi Arabia appeared […]
February 27, 2019

Qatar, China, Japan sought ‘extras’ after Barclays 2008 fundraising: court

Qatari, Chinese and Japanese investors all sought “extras” from Barclays as the British bank raised billions of pounds at the height of the credit crisis in […]
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