February 8, 2020

Credit Suisse chairman expects to see out term after spy scandal

Credit Suisse Chairman Urs Rohner does not expect to be voted out of office before his term ends after this week’s departure of Chief Executive Tidjane […]
February 8, 2020

Shanghai government to help Tesla resume production amid coronavirus epidemic

U.S. electric carmaker Tesla’s factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading […]
February 8, 2020

Treasury’s Mnuchin sees U.S. GDP growth less than 3% in 2020

Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3%, partly due to problems at Boeing Co , […]
February 8, 2020

White House dismisses idea of U.S. buying Nokia, Ericsson to challenge Huawei

U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that the […]
February 8, 2020

Bank of America CEO Moynihan’s 2019 compensation unchanged at $26.5 million

Bank of America Corp kept Chief Executive Officer Brian Moynihan’s 2019 compensation flat at $26.5 million, according a filing on Friday. Powered by WPeMatico
February 8, 2020

Consumer discretionary names could see bumpy ride

A raft of earnings reports from consumer discretionary companies and U.S. retail sales data set for the coming week could help investors determine to what extent […]
February 8, 2020

Lockheed Martin drops out of Singapore Airshow over coronavirus concerns

U.S. weapons maker Lockheed Martin Corp said on Friday it will not participate in next week’s Singapore Airshow over coronavirus concerns. Powered by WPeMatico
February 7, 2020

More pain in store for Canadian marijuana companies after Aurora Cannabis, Tilray cut jobs

Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed […]
February 7, 2020

Bank of America CEO Moynihan’s 2019 compensation remains unchanged at $26.5 million

Bank of America Corp said on Friday that Chief Executive Officer Brian Moynihan’s 2019 compensation remained $26.5 million, the same as a year earlier. Powered by […]
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