October 21, 2019

SoftBank’s WeWork financing would lead to Adam Neumann’s exit: sources

SoftBank Group Corp offered close to $10 billion to WeWork owner The We Company, its employees and its investors on Monday under a plan to keep […]
October 21, 2019

U.S. allows Chevron to drill for oil in Venezuela for three more months

The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for […]
October 21, 2019

Drug firms avert landmark opioid trial as talks on $48-billion settlement set to resume

Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing with […]
October 21, 2019

Trump administration renews three-month license for Chevron in Venezuela

The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for […]
October 21, 2019

Trade hopes move S&P 500 close to new record high

The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward resolution of the U.S.-China […]
October 21, 2019

Fidelity drops Fisher’s money management firm as withdrawals accelerate

Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of withdrawals from the […]
October 21, 2019

Peloton’s stock takes a spill, even as IPO underwriters cheer it on

Shares of Peloton Interactive slumped 6% on Monday, even after a multitude of buy ratings from the stationary bike seller’s IPO banks, underscoring Wall Street’s growing […]
October 21, 2019

Drug companies reach $260 million opioid settlement with Ohio counties, averting landmark trial

Four large drug companies reached a last-minute $260 million legal settlement on Monday over their role in the U.S. opioid addiction epidemic, striking a deal with […]
October 21, 2019

Apple starts selling locally assembled iPhone XR in India

Apple Inc has started selling its popular iPhone XR phones assembled in India, as it looks to expand its share in the world’s second-largest smartphone market […]
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