February 28, 2019

Kia, Hyundai expand U.S. engine fire recalls by 534,000 vehicles

Kia Motors Corp and affiliate Hyundai Motor Co said on Thursday they are recalling around 534,000 additional U.S. vehicles at risk of engine fires. Powered by […]
February 28, 2019

Sunrise hits snag after announcing $6.3 billion deal for Liberty Global’s Swiss assets

Sunrise Communications’ $6.3 billion deal to buy U.S. cable giant Liberty Global’s Swiss assets, announced on Thursday, immediately hit a snag as a key shareholder said […]
February 28, 2019

Celgene slumps as Bristol-Myers shareholder resists merger

Shares of Celgene Corp dived 8 percent on Thursday after a major shareholder in Bristol-Myers Squibb Co came out against a $74 billion merger that would […]
February 28, 2019

Starboard to vote against Bristol-Myers-Celgene $74 billion deal

Activist investor Starboard Value LP will vote against Bristol-Myers Squibb Co’s $74 billion acquisition of Celgene Corp, the hedge fund said on Thursday, adding to the […]
February 28, 2019

Wall St. dips at open as U.S.-North Korea summit ends early

Wall Street’s main indexes opened slightly lower on Thursday after a U.S.-North Korea summit ended abruptly without a deal, but losses were limited as data showed […]
February 28, 2019

PG&E says equipment probably caused deadly Camp Fire

PG&E Corp, which filed for bankruptcy last month because of potential liabilities from wildfires in California, said it is probable that its equipment will be determined […]
February 28, 2019

Pot firm Canopy Growth ropes in Martha Stewart as adviser

Marijuana producer Canopy Growth has roped in lifestyle guru Martha Stewart as an adviser to help develop a line of new pot-based products for both humans […]
February 28, 2019

U.S. economic growth slows moderately in fourth quarter

The U.S. economy slowed less than expected in the fourth quarter amid solid consumer and business spending, leaving 2018 growth just shy of the Trump administration’s […]
February 28, 2019

Rolls-Royce quits race to power Boeing’s planned mid-market plane

Rolls-Royce dropped out of the race to power Boeing’s planned mid-market aircraft on Thursday, saying it did not want to risk more disruption for its airline […]
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