September 4, 2018

Facebook, Twitter face U.S. Congress over politics and the internet

Top Twitter Inc and Facebook Inc executives will defend their companies before U.S. lawmakers on Wednesday, with Facebook insisting it takes election interference seriously and Twitter […]
September 4, 2018

Kaepernick ads spark boycott call but Nike seen benefiting

Protesters burned their Nike shoes, investors sold shares and some consumers demanded a boycott after the footwear and apparel maker launched an advertising campaign featuring Colin […]
September 4, 2018

Amazon, Berkshire, JPMorgan’s healthcare venture names COO

The newly formed healthcare venture of Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co on Tuesday hired Jack Stoddard as chief operating officer. Powered […]
September 4, 2018

Amazon joins $1 trillion club, on pace to overtake Apple

Amazon.com Inc on Tuesday joined Apple Inc to become the second $1 trillion publicly listed U.S. company after its stock price more than doubled in a […]
September 4, 2018

Top U.S. regulator calls for ‘reset’ in relations with other countries

How the United States supervises cross-border derivatives is flawed and needs resetting to avoid fragmenting markets and placing undue burden on companies, a top U.S. regulator […]
September 4, 2018

Mercedes unveils electric car in direct German challenge to Tesla

Mercedes showed on Tuesday how it is “aggressively” gunning for top spot in upscale battery cars market currently dominated by Tesla, as it unveiled the EQC, […]
September 4, 2018

Wall Street slides on tech weakness, Nike drags on Dow

U.S. stocks fell on Tuesday, with Facebook leading a decline in the technology sector and Nike dragging on the Dow Jones Industrial index, setting a rough […]
September 4, 2018

U.S. arbitration court can rule on Vattenfall’s German nuclear claim: paper

A U.S. arbitration court has rejected a petition filed by the German government arguing that the U.S. court had no right to rule on a damages […]
September 4, 2018

Citigroup CFO Gerspach to retire, be replaced by Mason: memo

Citigroup Inc’s longtime Chief Financial Officer John Gerspach will retire in March, to be replaced by Mark Mason, CFO of the institutional clients group, the third-largest […]
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