February 27, 2019

Credit reporting agencies face pressure from skeptical U.S. Congress

(This Feb. 26 story corrects the name of Equifax in paragraph 2) Powered by WPeMatico
February 27, 2019

Campbell Soup beats earnings estimates, shares rise

Campbell Soup Co on Wednesday reported better-than-expected adjusted earnings, helped by its acquisitions of https://www.reuters.com/article/brief-campbell-to-acquire-snyders-lance/brief-campbell-to-acquire-snyders-lance-inc-for-4-87-bln-idUSASB0BY91 Snyder’s-Lance and Pacific Foods. Powered by WPeMatico
February 27, 2019

Ford’s China JV ends some contracts with job agencies as sales fall

Ford Motor Co’s joint venture with China Changan Automobile Group has decided not to renew its contract with some agencies supplying it with workers, as carmakers […]
February 27, 2019

Best Buy shares surge on upbeat profit view, robust holiday quarter

Best Buy Co Inc gave an upbeat profit forecast for the year while reporting better-than-expected holiday-quarter sales on Wednesday, as it benefited from higher demand for […]
February 27, 2019

VW praises Ford’s autonomous tech as partnership talks continue

Volkswagen on Wednesday praised its cooperation with Ford and took pains to highlight its rival’s autonomous vehicles technology, as both carmakers explore deepening their partnership to […]
February 27, 2019

Germany’s Merck makes $5.9 billion counterbid for Versum

German drugs and lab supplies maker Merck KGaA is offering to buy Versum Materials in a cash deal valuing the electronic materials maker at $5.9 billion, […]
February 27, 2019

EU needs financial police, money-laundering watchdog: lawmakers

The European Union should set up a police force to investigate tax evasion and financial crime and create a watchdog to counter money-laundering, EU lawmakers said […]
February 27, 2019

Saudi Aramco adds Goldman Sachs as bookrunner for planned bond: sources

Saudi Aramco has added U.S. investment bank Goldman Sachs as a bookrunner for a planned bond which it will use to help finance its acquisition of […]
February 27, 2019

Ford’s China JV to lay off ‘thousands’ of workers: New York Times

Ford Motor Co’s joint venture in China has “quietly begun” dismissing thousands of its 20,000 workers due to weak auto sales in the world’s second-largest economy, […]
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