Alphabet’s Waymo demanded $1 billion in settlement talks with Uber Alphabet’s Waymo demanded $1 billion in settlement talks with Uber: Alphabet Inc’s Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc as conditions for settling its high-profile trade secret lawsuit against the ride-services […]
Current Business Updates USA News
Pfizer weighs $15 billion sale of consumer healthcare business Pfizer said on Tuesday it was considering the sale or spin-off of its consumer healthcare business, shaking up the industry and potentially putting a headache pill to lip balm operation worth some $15 billion up for grabs. The move comes as […]
Procter & Gamble foresees proxy war victory Peltz refuses to concede Procter & Gamble foresees proxy war victory Peltz refuses to concede: Procter & Gamble Co (PG.N) said on Tuesday activist hedge fund manager Nelson Peltz lost his fight to win a seat on the company’s board, according to a […]
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 […]
Awaiting better days multinationals keep Venezuela units alive Awaiting better days, multinationals keep Venezuela units alive: Venezuelan auto worker Celso Nunez spends his days moonlighting as a mover and trading salvaged building materials in his worn-out red pick-up. His employer, Ford Motor Co (F.N), does not mind. In fact, it […]
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 […]
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 […]
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 […]
