Peltz’s Procter & Gamble defeat could be more humbling than harmful Peltz’s Procter & Gamble defeat could be more humbling than harmful: Nelson Peltz put his activist hedge fund credentials on the line to win a board seat at Procter & Gamble Co, only to be narrowly defeated, according to […]
Best USA Latest Business Updates News
Wall Street moves to Frankfurt as Brexit doubts grow Wall Street moves to Frankfurt as Brexit doubts grow: Some of the globe’s biggest banks have decided to rent more office space in Frankfurt, bolstering Germany’s financial hub after months of divorce talks between Britain and the EU have left London’s […]
Tesla deliveries rise in third quarter but Model 3 faces bottlenecks Tesla deliveries rise in third quarter but Model 3 faces bottlenecks: Luxury electric vehicle maker Tesla Inc (TSLA.O) said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had […]
Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday: Wells Fargo & Co (WFC.N) CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints about mortgage fees […]
Backers withdraw two proposals to list U.S. bitcoin funds Backers withdraw two proposals to list U.S. bitcoin funds: An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew two proposals to list bitcoin funds. Intercontinental Exchange Inc’s (ICE.N) NYSE Arca exchange on Wednesday […]
Toshiba $18 billion sale of chip unit signed but discord emerges immediately Toshiba $18 billion sale of chip unit signed, but discord emerges immediately: Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, […]
Roku connects with investors in debut shares soar over 67 percent Roku connects with investors in debut shares soar over 67 percent: Shares of video streaming firm Roku Inc (ROKU.O) rose more than 67 percent in their market debut on Thursday, giving the U.S. IPO market a much-needed shot in […]
Britain warns Boeing it might miss out on business over Bombardier row Britain warns Boeing it might miss out on business over Bombardier row: Britain told U.S. planemaker Boeing on Wednesday that it could lose out on future British defense contracts because of its dispute with Canadian rival Bombardier which […]
Facebook’s Zuckerberg defends company after critical Trump tweet Facebook’s Zuckerberg defends company after critical Trump tweet: Facebook Inc’s (FB.O) CEO Mark Zuckerberg on Wednesday defended his company’s role in U.S. elections and rejected assertions in a tweet from U.S. President Donald Trump that the social network was against him. Zuckerberg […]
U.S. consumer confidence slips; new home sales hit eight-month low U.S. consumer confidence slips; new home sales hit eight-month low: U.S. consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the […]
