January 3, 2019

Wall Street plunges as factory data, Apple warning fuel slowdown fears

Wall Street plunged on Thursday after slowing U.S. factory activity on the heels of a dire revenue warning from Apple Inc fueled fears of a global […]
January 3, 2019

Instant view: Stocks slammed, Treasury yields fall, yen surges

U.S. stocks plunged on Thursday and 2-year U.S. Treasury yields dropped below the Federal Reserve’s policy rate for the first time in more than a decade, […]
January 3, 2019

Southwest Airlines co-founder Herb Kelleher dies

Herb Kelleher, co-founder of Southwest Airlines Co , has died at age 87, the airline said https://www.southwestaircommunity.com/t5/Southwest-Stories/Farewell-to-Southwest-s-Founder/ba-p/84481 on Thursday. Powered by WPeMatico
January 3, 2019

Bristol-Myers to buy Celgene for $74 billion in largest biopharma deal

Bristol-Myers Squibb Co said on Thursday it would buy Celgene Corp for about $74 billion, combining two of the world’s largest cancer drug businesses in the […]
January 3, 2019

Truckmaker Volvo to take $778 million emissions hit

Sweden’s Volvo is setting aside 7 billion Swedish crowns ($778 million) to cover costs related to its admission in October that its truck and bus engines […]
January 3, 2019

Apple set to pull some iPhones from its German stores after Qualcomm enforces ban

Apple Inc is likely to pull some iPhone models from its German stores after Qualcomm Inc said on Thursday it had posted security bonds to enforce […]
January 3, 2019

Major automakers bullish on U.S. market despite rising interest rates

Major automakers on Thursday shrugged off declines in U.S. new vehicle sales in December and said they were bullish about 2019 even as economists warned that […]
January 3, 2019

UAW sues GM over use of temporary workers at Indiana plant

The United Auto Workers union sued General Motors Co in federal court on Thursday, claiming the automaker’s use of temporary workers at a plant in Indiana […]
January 3, 2019

Google shifted $23 billion to tax haven Bermuda in 2017: filing

Google moved 19.9 billion euros ($22.7 billion) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it to reduce […]
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