December 6, 2018

Ride-hail firm Lyft races to leave Uber behind in IPO chase

Ride-hailing company Lyft Inc beat bigger rival Uber Technologies in filing for an initial public offering (IPO) on Thursday, defying the market jitters that threaten to […]
December 6, 2018

World stocks fall on China exec arrest; oil slips on OPEC output delay

Stock markets around world slid on Thursday as the arrest of a top Chinese technology executive cast further shadows on U.S.-China trade relations, while oil prices […]
December 6, 2018

Madison Square Garden Co chairman settles U.S. securities charges: FTC

U.S. regulators have charged the chairman of the Madison Square Garden Co , which owns the New York Knicks and New York Rangers sports teams, with […]
December 6, 2018

OPEC tentatively agrees to oil cut, waits for Russia to commit

OPEC tentatively agreed to an oil output cut on Thursday but was waiting for a commitment from non-OPEC heavyweight Russia before deciding the exact volumes for […]
December 6, 2018

Unilever Chief Marketing Officer Weed to retire

The chief marketing officer of Unilever has decided to retire next year, handing incoming CEO Alan Jope his first big hiring decision. Powered by WPeMatico
December 6, 2018

J&J unit to pay $360 million to U.S. to resolve charity kickback probe

A unit of Johnson & Johnson will pay the U.S. government $360 million to resolve an investigation into its financial support of a charity that helped […]
December 6, 2018

U.S. securities regulator should demand more voting disclosure from fund managers: official

The U.S. securities regulator should consider imposing stricter disclosure requirements on institutional fund managers relating to how they vote in corporate elections, a Securities and Exchange […]
December 6, 2018

Fed up with Facebook, U.S. fund managers look for alternatives

Facebook Inc’s losses are becoming other companies’ gains. Powered by WPeMatico
December 6, 2018

Walgreens to link up with FedEx on next-day drug delivery as Amazon nears

Walgreens Boots Alliance said on Thursday it would partner with FedEx Corp to launch a next-day delivery service for prescription drugs nationwide, giving it a leg […]
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