February 12, 2020

U.S. lawmaker calls for ouster of CalPERS CIO over China ties: letter

A U.S. Republican lawmaker on Wednesday urged California to fire the chief investment officer of its public pension fund, the nation’s largest, citing what he called […]
February 12, 2020

MGM Resorts CEO Jim Murren to step down before contract ends

MGM Resorts International’s Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday. Powered by WPeMatico
February 12, 2020

MGM Resorts withdraws 2020 financial targets on coronavirus hit

MGM Resorts International withdrew its forecast for 2020 on Wednesday, as it assesses the fallout of the coronavirus epidemic on its business. Powered by WPeMatico
February 12, 2020

Pentagon set to back Huawei restrictions: Politico

The Pentagon is likely to back restrictions to Huawei Technologies, reversing earlier opposition to a proposal meant to further crack down on U.S. exports to the […]
February 12, 2020

Juul bought ad space on kids’ websites, including Cartoon Network: lawsuit

E-cigarette maker Juul Labs Inc bought online advertisements on teen-focused websites for Nickelodeon, Cartoon Network and Seventeen magazine after it launched its product in 2015, according […]
February 12, 2020

Stocks gain as China says fewer new coronavirus cases

Global equity markets scaled fresh highs on Wednesday after China reported the lowest number of new coronavirus cases in two weeks, boosting hopes the epidemic will […]
February 12, 2020

Oil rises over 3% as demand worries ease amid fewer new coronavirus cases

Oil prices rose over 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel […]
February 12, 2020

Mobile World Congress called off over coronavirus fears

The Mobile World Congress (MWC), the annual telecoms industry gathering that draws more than 100,000 visitors to Barcelona, was cancelled on Wednesday after a mass exodus […]
February 12, 2020

Fed Chair Powell: ‘no reason’ rising wages, job gains can’t continue

Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of the record-long U.S. economic expansion, now in its 11th year. Powered by […]
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