December 7, 2019

Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

California’s bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the […]
December 7, 2019

Proxy adviser ISS opposes plan by Hudson’s Bay chairman to take firm private

Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson’s Bay Co to take the Saks Fifth Avenue […]
December 7, 2019

Mexico says ‘good progress’ on trade deal although work remains

Negotiators working to close a new North American trade deal have made “good progress” but many elements are not yet resolved, Mexico’s deputy foreign minister said […]
December 7, 2019

Trump calls for World Bank to stop loaning to China

U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan […]
December 7, 2019

Tesla boss Elon Musk wins defamation trial over his ‘pedo guy’ tweet

Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim […]
December 7, 2019

Wall Street Week Ahead: Tariff deadline keeps focus on trade as 2019 draws to close

The stock market looks set to end 2019 the way it began the year — highly sensitive to headlines from President Donald Trump’s global trade war. […]
December 7, 2019

Tesla boss Elon Musk wins defamation trial sparked by ‘pedo guy’ tweet

Tesla Inc boss Elon Musk emerged victorious on Friday from a defamation trial as a federal court jury swiftly rejected the $190 million claim brought against […]
December 7, 2019

Musk’s defamation win may reset legal landscape for social media

Elon Musk’s daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his […]
December 7, 2019

Ericsson agrees to pay over $1 billion to resolve U.S. corruption probes

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department […]
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