May 27, 2020

U.S. state of Arizona files consumer fraud lawsuit against Google

Arizona on Wednesday filed a consumer fraud lawsuit against Alphabet Inc’s Google alleging that the company used “deceptive” and “unfair” practices to obtain the location data […]
May 27, 2020

U.S. states sue Trump administration over fuel efficiency rollback

A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency […]
May 27, 2020

Trump will sign an executive order on social media companies: White House spokeswoman

U.S. President Donald Trump will sign an executive order shortly regarding social media companies, a White House spokeswoman said on Wednesday. Powered by WPeMatico
May 27, 2020

Exxon shareholders soundly reject splitting CEO/chairman roles

Exxon Mobil Corp shareholders soundly rejected climate-related proposals and splitting the chairman and chief executive’s roles at the oil major’s shareholder meeting on Wednesday. Powered by […]
May 27, 2020

JPMorgan’s investment banking head: quarterly revenues tracking 50% up from 2019

JPMorgan Chase & Co’s head of its corporate and investment banking division said second-quarter revenues for its markets unit are on track to be up more […]
May 27, 2020

Boeing cutting more than 12,000 U.S. jobs, thousands more planned

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face […]
May 27, 2020

Wall Street gains with economic hopes; bank stocks jump

U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted […]
May 27, 2020

Nissan to begin restart of U.S. auto plants on June 1

Japanese automaker Nissan Motor Co said Wednesday it plans to begin restarting its shuttered U.S. manufacturing operations beginning June 1. Powered by WPeMatico
May 27, 2020

South African Airways can still be saved with funding: administrators

South African Airways (SAA) can still be saved if it gets the necessary funding, the state-owned airline’s administrators said on Wednesday, adding they were talking to […]
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