January 29, 2020

CalTech wins $1.1 billion jury verdict in patent case against Apple, Broadcom: source

The California Institute of Technology on Wednesday won a $1.1 billion jury verdict in a patent case against Apple and Broadcom , a Caltech legal team […]
January 29, 2020

Oreo maker Mondelez sees coronavirus hurting first-quarter sales

Mondelez International Inc , the maker of Oreos and Chips Ahoy cookies, on Wednesday said it expects first-quarter revenue will be impacted by the coronavirus spreading […]
January 29, 2020

Jaguar Land Rover CEO Ralf Speth to step aside in September: FT

Jaguar Land Rover’s Chief Executive Officer Ralf Speth will step down in September when his contract ends, but will retain an advisory role at the British […]
January 29, 2020

Tesla extends profit run, promises record production, driving stock up 13%

Tesla Inc on Wednesday posted the second quarterly profit in a row on record vehicle deliveries and said it would deliver more than 500,000 units this […]
January 29, 2020

Facebook reaches $550 million settlement in facial recognition lawsuit

Facebook Inc said on Wednesday it reached a $550 million settlement in principle related to a lawsuit that claimed it illegally collected and stored biometric data […]
January 29, 2020

Facebook misses expectations for cost control, revenue growth slowing

Facebook Inc said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street […]
January 29, 2020

Airlines suspend, scale back direct flights to China amid virus fears

Global airlines on Wednesday suspended or scaled back more direct flights to China’s major cities amid an increase in travel warnings and decline in demand from […]
January 29, 2020

Fed keeps rates steady, to tailor Treasury bill purchases later this year

The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head of the U.S. central bank pointing […]
January 29, 2020

What’s next for the Federal Reserve’s balance sheet?

The Federal Reserve will keep injecting cash into the banking system and buying billions of dollars of Treasury bills for a few more months, but it […]
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