Despite tough talk, Canada seen unlikely to walk away from NAFTA Despite tough talk, Canada seen unlikely to walk away from NAFTA: Despite Canada’s threats to walk away from NAFTA talks if necessary, its limited success in diversifying exports leaves the nation too reliant on U.S. markets to play hardball, […]
Business
Business
Nvidia investors should ignore the noise about a Tesla-AMD partnership Nvidia investors should ignore the noise about a Tesla-AMD partnership: Shares of Nvidia Corp. sank in active trade Thursday, amid worries that Tesla Inc. was now working with Advanced Micro Devices Inc. on self-driving cars, but some analysts suggested those […]
Uber names Expedia boss Dara Khosrowshahi as CEO pick Uber names Expedia boss Dara Khosrowshahi as CEO pick:- Uber has chosen Expedia boss Dara Khosrowshahi to be its chief executive, ending months of speculation in the firm’s search for a new leader. The decision was made by Uber’s board late […]
North American exodus at PetroChina sparks speculation of company shift North American exodus at PetroChina sparks speculation of company shift: A flurry of departures across the U.S. and Canadian units of Chinese state energy firm PetroChina Co Ltd (601857.SS) have sparked speculation that the oil trader is reducing its presence […]
Chevron CEO Watson to step down, Wirth likely successor Chevron CEO Watson to step down, Wirth likely successor: Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters […]
Massive California verdict expands J&J’s talc battlefield Massive California verdict expands J&J’s talc battlefield: A massive California verdict in a lawsuit alleging Johnson & Johnson’s (JNJ.N) talc-based products cause cancer has opened a new front in the litigation, upending the company’s hopes that the cases were only gaining traction in […]
As tax debate heats up, Republicans tweak business interest plan As tax debate heats up, Republicans tweak business interest plan: Congressional Republicans, seeking to address the complaints of small businesses, are floating changes to their controversial proposal to eliminate business tax deductions for debt interest payments, business lobbyists said on […]
U.S. funds get tougher on climate and diversity, but not CEO pay U.S. funds get tougher on climate and diversity, but not CEO pay: Even as top U.S. asset managers BlackRock Inc and State Street Corp pressed companies on climate and diversity issues this year, they made few waves on […]
Hedge fund manager Dalio cuts risk amid worries about Washington Hedge fund manager Dalio cuts risk amid worries about Washington: Billionaire investor Ray Dalio, who has been expressing concerns about President Donald Trump in recent months, said on Monday he was cutting some of his exposure during a time of […]
Oil prices fall two percent after end-of-week rally Oil prices fall two percent after end-of-week rally: Oil prices fell nearly 2 percent ahead of monthly contract expiration on Monday, pulling back from last week’s rally built on signs the global market is starting to rebalance from chronic oversupply. Brent crude […]