Not an inside job: How two analysts became SEC whistleblowers Four years ago, two analysts who liked to swap notes on numbers they thought looked odd took a fateful step and tipped off U.S. regulators about a company that one of them had watched for months. Orthofix International NV (OFIX.O) […]
Waymo testing self-driving car ride service in Arizona Alphabet Inc's Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday. Waymo, which along with Google is owned by […]
East Coast refiners eye Texas oil as North Dakota alternative U.S. East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline. […]
Ghosn wants Mitsubishi to reform, rules out Nissan merger A full merger of Japanese car makers Mitsubishi Motors Corp (MMC) (7211.T) and Nissan Motor Co Ltd (7201.T) is not on the table, Carlos Ghosn, chairman of both firms, said on Tuesday. "Full merger is not on the table. We want […]
T-Mobile open to merger talks, new subscribers top estimates T-Mobile US Inc (TMUS.O) is open to merger talks after a federal ban expires this week, the No. 3 U.S. wireless carrier said on Monday, as it reported stronger-than-expected subscriber growth in the first quarter. The U.S. Federal Communications Commission barred […]
LVMH, Arnault to simplify Christian Dior business structure Luxury goods group LVMH (LVMH.PA) and billionaire businessman Bernard Arnault announced on Tuesday a deal to simplify their relationship with Christian Dior by buying out its minority shareholders, a transaction aimed at boosting LVMH's earnings. Arnault's family company said the deal was […]
Credit Suisse investors prepare to grill chairman Rohner over pay Credit Suisse (CSGN.S) Chairman Urs Rohner faces his toughest shareholder meeting to date this week following an investor revolt over bonuses and losses totaling 5.65 billion Swiss francs ($5.7 billion) since 2015. Rohner, 57, is facing calls to stand down […]
Trump-backed Navy expansion would boost costs some $400 billion over 30 years: study Expanding the U.S. Navy to 355 ships as recommended by military leaders and backed by President Donald Trump would cost some $400 billion more over the next 30 years than the currently planned 308-ship fleet, according to […]
Obama makes no mention of Trump in first major post-presidential appearance Barack Obama, making his first major appearance since leaving the White House, made no mention on Monday of his successor, Donald Trump, but urged young people to get more involved in their communities at a time of stark political […]
Trump tax push raises questions about scope of his reform President Donald Trump's zeal to unveil a tax plan before his 100th day in office is raising questions about just how thorough his "tax reform" plans will be, amid signals that his focus for now is on slashing tax rates. […]
