January 17, 2020

Lawyers for Huawei CFO call Canada prosecutor’s arguments ‘circular’

Extraditing Huawei Chief Financial Officer Meng Wanzhou to the United States based on American sanctions against Iran would set a dangerous precedent and could even undermine […]
January 17, 2020

Best Buy starts investigation into CEO’s personal conduct

U.S. consumer electronics retailer Best Buy Co said on Friday that its board was conducting an independent review on allegations of misconduct against Chief Executive Officer […]
January 17, 2020

With market at record highs, eyes on reports from chipmakers

Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary […]
January 17, 2020

Morgan Stanley CEO Gorman’s total 2019 pay falls 7% to $27 million

Morgan Stanley Chief Executive James Gorman is receiving $27 million in total compensation in 2019, 7% less than what he got the year before, the company […]
January 17, 2020

Bayer could be close to Roundup settlement, mediator says

Bayer could be close to settling more than 75,000 cancer claims related to its Roundup herbicide, with mediator Ken Feinberg on Friday saying he was “cautiously […]
January 17, 2020

U.S. will look at sudden acceleration complaints involving 500,000 Tesla vehicles

The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate and recall 500,000 Tesla Inc vehicles […]
January 17, 2020

Wall Street hits new highs in strongest week since August

Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs […]
January 17, 2020

Shares set fresh records, lifted by U.S. housing data

Key world equity indexes scaled new highs on Friday, boosted by a surge in U.S. housing starts to levels last seen in 2006, while the greenback […]
January 17, 2020

Netflix opens Paris office, plans new French-language series

U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on […]
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