February 12, 2020

Raytheon discloses SEC subpoena related to payments by Thales JV in Middle East

Raytheon has received a subpoena from the U.S. Securities and Exchange Commission related to an investigation into the possibility of improper payments made for contracts in […]
February 12, 2020

Exclusive: Thyssenkrupp-Kone elevator merger would trigger legal war – Schindler

Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp’s lift division with rival Kone […]
February 12, 2020

Mobile World Congress in Barcelona 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 canceled on Wednesday after a mass exodus […]
February 12, 2020

Hyundai bet big on China. Now coronavirus is twisting its supply chain

South Korean car giant Hyundai Motor has increasingly relied on China to supply auto parts to its manufacturing hub at home in recent years. As the […]
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 […]
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