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- Reurers-Business 08:58April 20, 2019Hundreds sign online petition supporting woman suing JD.com CEO in rape caseHundreds of people have added their names to an online petition in support of a University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China's e-commerce retailer JD.com Inc.
< businessNews > - Reurers-Business 07:34April 20, 2019U.S. intelligence says Huawei funded by Chinese state security: reportU.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the West.
< businessNews > - Reurers-Business 02:52April 20, 2019Tesla to shrink board to seven directors from 11Tesla Inc said on Friday that four members of its eleven-member board would be leaving over the next two years, as the electric car company looks to streamline its board.
< businessNews > - Reurers-Business 02:49April 20, 2019Exclusive: Tereos still searching for wider funding - sources(Corrects headline and paragraph 1 to make clear that syndication process is ongoing, to make clear in paragraph 5 that no offers finalized by April 15, to clarify sourcing throughout)
< businessNews > - Reurers-Business 00:10April 20, 2019Boeing 737 MAX joint governmental review will begin April 29: FAAThe U.S. Federal Aviation Administration said Friday that a joint governmental review of the now grounded Boeing 737 MAX will begin on April 29 and will include 9 other aviation regulators from around the world.
< businessNews > - Reurers-Business 19:27April 19, 2019Venezuela congress to weigh 2020 PDVSA bond payment next weekVenezuela's opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it meets next week, a lawmaker and a member of state-run oil company PDVSA's ad-hoc board of directors said.
< businessNews > - Reurers-Business 19:05April 19, 2019Will the Benettons use Alitalia to fly in from the cold?Italian transport group Atlantia could join a rescue of loss-making flag carrier Alitalia to try to win favor with the government and secure the future of its own domestic business following a deadly bridge collapse last year, sources said.
< businessNews > - Reurers-Business 18:31April 19, 2019SEC fines Prosper Funding $3 million for overstating net returns to investorsThe Securities and Exchange Commission on Friday said Silicon Valley-based Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net returns to retail and other investors.
< businessNews > - Reurers-Business 18:29April 19, 2019U.S. homebuilding near two-year low; permits extend declineU.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates.
< businessNews > - Reurers-Business 16:09April 19, 2019U.S. housing starts approach two-year low; permits weakU.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family housing segment, suggesting the housing market continued to struggle despite declining mortgage rates.
< businessNews > - Reurers-Business 15:40April 19, 2019Fiat Chrysler recalls 320,000 Dart cars that could roll awayFiat Chrysler Automobiles NV said Friday it is recalling more than 320,000 Dodge Dart compact cars in North America that could roll away because of a defective part that could allow the
< businessNews > - Reurers-Business 15:35April 19, 2019U.S. housing starts fall to near to two-year low; permits weakU.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family housing segment, suggesting the housing market continued to struggle despite declining mortgage rates.
< businessNews > - Reurers-Business 13:57April 19, 2019China will keep supporting economy as 'pressure' lingers: politburoChina will maintain policy support for the economy, which still faces "downward pressure" and difficulties after better-than-expected first quarter growth, the Communist Party's top decision-making body said on Friday.
< businessNews > - Reurers-Business 13:22April 19, 2019Return of the bench seat: Concept EVs show space big enough for sofasElectric vehicle (EV) concepts shown in Shanghai this week, such as the Audi AI:me and Infiniti QX Inspiration, point to a future of living-room-like comfort in cars with flat floors and ample space for sofa-like bench seats.
< businessNews, EV > - Reurers-Business 13:18April 19, 2019U.S. refiners planning major plant overhauls in second quarterU.S. oil refiners are planning a heavy slate of plant overhauls in the second quarter, with total production this month off 8.5 percent compared with the start of the year, according to data from the U.S. Energy Information Administration.
< businessNews > - Reurers-Business 11:55April 19, 2019Carlos Ghosn to be indicted on additional charge as early as Monday: NHKTokyo prosecutors are likely to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday when his current detention period expires, public broadcaster NHK reported on Friday.
< businessNews > - Reurers-Business 11:32April 19, 2019Carlos Ghosn to be indicted on additional charge: NHKTokyo prosecutors are likely to indict former Nissan Motor Co Ltd boss Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday, when his current detention period expires, public broadcaster NHK reported on Friday.
< businessNews > - Reurers-Business 11:11April 19, 2019Foxconn says it remains committed to Wisconsin investment projectTaiwan's Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the U.S. state's governor said he wanted to renegotiate the deal.
< businessNews > - Reurers-Business 10:23April 19, 2019Nissan slams output cut report as 'completely incorrect'Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash production this year was "completely incorrect" and that it had lodged a complaint with the business daily, in an unusually strong denial of a media report in Japan.
< businessNews > - Reurers-Business 10:06April 19, 2019Despite headwind, Japan's Nomura says intent on going it aloneJapan's Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade.
< businessNews > - Reurers-Business 09:15April 19, 2019Qualcomm's joint venture with Chinese province to shut down: The InformationA joint venture between U.S. smartphone chipmaker Qualcomm Inc and China's Guizhou province will shut down by the end of the month, The Information reported on Friday, citing employees at the venture.
< businessNews > - Reurers-Business 06:47April 19, 2019HNA denies embezzlement claims as it fights for control of Hong Kong AirlinesEmbattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier.
< businessNews, HKA > - Reurers-Business 04:51April 19, 2019Oil prices inch up on signs of tighter global supplyOil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices.
< businessNews > - Reurers-Business 04:49April 19, 2019Uber's self-driving unit valued at $7.25 billion in new investmentUber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
< businessNews > - Reurers-Business 04:05April 19, 2019Nissan to cut global production by 15 percent: NikkeiNissan Motor Co Ltd will cut global production by about 15 percent for the fiscal year ending March 2020 as the company shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn, the Nikkei newspaper reported on Friday.
< businessNews > - Reurers-Business 04:00April 19, 2019Earnings deluge could make or break sentimentNext week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth can be avoided in what is the heaviest week for profit reporting by U.S. companies.
< businessNews > - Reurers-Business 03:36April 19, 2019Uber lands $1 billion from SoftBank, Toyota for self-driving unitUber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp , giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
< businessNews > - Reurers-Business 03:31April 19, 2019National Enquirer to be sold to owner of magazine distributorAmerican Media Inc (AMI) said on Thursday it was selling its National Enquirer tabloid to James Cohen, whose family owns a magazine distributor and used to own the Hudson chain of airport newsstands.
< businessNews, AMI > - Reurers-Business 01:04April 19, 2019Tesla's Elon Musk, SEC get another week to work out deal on Twitter useTesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk's use of Twitter, a federal judge ruled Thursday.
< businessNews > - Reurers-Business 00:34April 19, 2019Tesla's Elon Musk, SEC ask court for another week to work out deal on Twitter useTesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission are seeking more time from a federal court to settle a dispute over Musk's use of Twitter, according to a court filing Thursday.
< businessNews > - Reurers-Business 00:26April 19, 2019Tesla's Elon Musk, SEC seek more time from court to work out deal on Twitter useTesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission are seeking more time from a federal court to settle a dispute over Musk's use of Twitter, according to a court filing Thursday.
< businessNews > - Reurers-Business 00:23April 19, 2019Air Canada pilots reviewing aircraft systems on Boeing's MAX jetsAir Canada said on Thursday its Boeing Co 737 MAX pilots were reviewing aircraft systems and alternative flight conditions for the grounded planes, and the carrier would decide on further training pending final recommendations from regulators.
< businessNews > - Reurers-Business 00:17April 19, 2019Exclusive: Spain's Repsol suspended swap deal for Venezuelan oil under U.S. pressureSpain's Repsol suspended its swaps of refining products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weighed penalties for foreign firms doing business with Venezuela.
< businessNews > - Reurers-Business 00:11April 19, 2019Potential Fed nominee Cain says not withdrawing from considerationOne of President Donald Trump's prospective Federal Reserve nominees, businessman Herman Cain, said on Thursday he was not withdrawing from consideration for the post, although his chances of winning the Senate's needed approval appear dim.
< businessNews > - Reurers-Business 00:05April 19, 2019Pinterest, Zoom shares surge in market debuts after IPOsShares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion and signaling investor appetite for new tech listings.
< businessNews > - Reurers-Business 23:59April 18, 2019New North American trade deal modestly boosts U.S. economy, trade panel findsThe new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday.
< businessNews > - Reurers-Business 23:48April 18, 2019Stocks mixed as strong U.S. retail sales offset weak European manufacturing dataA gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though it pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies.
< businessNews > - Reurers-Business 23:46April 18, 2019Air Canada to review aircraft systems on Boeing's MAXAir Canada said on Thursday it was using the down time with its pilots who fly Boeing Co's MAX planes to review various aircraft systems, alternative flight conditions on the aircraft type and maintain their qualifications.
< businessNews > - Reurers-Business 23:40April 18, 2019Exclusive: New York Fed cracks down on Puerto Rico banks following Venezuela sanctionsU.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico's $50 billion offshore banking industry, according to four sources and a document seen by Reuters.
< businessNews > - Reurers-Business 23:12April 18, 2019Oil prices inch up on signs of tightening global supplyOil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices.
< businessNews > - Reurers-Business 23:05April 18, 2019Wall Street closes slightly higher, industrials leadIndustrials led the S&P 500 and the Dow moderately higher on Thursday in the wake of robust U.S. economic data and a string of healthy corporate earnings reports.
< businessNews > - Reurers-Business 23:01April 18, 2019Risk of U.S. 'profit recession' eases as results beat forecastsThe initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able to avoid a so-called "profit recession" this year because predicted economic bad news has failed to materialize.
< businessNews > - Reurers-Business 22:30April 18, 2019New North American trade deal would boost U.S. economy, U.S. commission findsThe U.S. International Trade Commission estimated the proposed new North American free trade deal would modestly boost the U.S. economy but could reduce U.S. vehicle production.
< businessNews > - Reurers-Business 22:22April 18, 2019Hudson Media chief James Cohen to buy National EnquirerAmerican Media Inc (AMI) said on Thursday it is selling its tabloid the National Enquirer to James Cohen, chief executive officer of Hudson Media.
< businessNews, AMI > - Reurers-Business 22:19April 18, 2019GM CEO Barra's pay dipped slightly to just under $22 million in 2018General Motors Co's top executive, Mary Barra, received a compensation package worth just under $22 million in 2018, slightly less than the previous year, according to the No. 1 U.S. automaker's proxy statement released on Thursday.
< businessNews > - Reurers-Business 22:03April 18, 2019Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via RussiaPresident Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters.
< businessNews > - Reurers-Business 21:58April 18, 2019Automakers invest heavily in electric vehicles despite still-low demandDemand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience.
< businessNews > - Reurers-Business 21:53April 18, 2019Wall Street gains on positive earnings, upbeat dataIndustrials led Wall Street higher on Thursday in the wake of upbeat economic data and a string of healthy corporate earnings.
< businessNews > - Reurers-Business 21:39April 18, 2019Stocks mixed as strong U.S. retail sales offsets weak European manufacturing dataA gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though they pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies.
< businessNews > - Reurers-Business 21:37April 18, 2019USMCA would modestly boost U.S. economy, cut vehicle production: analysisThe U.S. International Trade Commission estimated the proposed new North American free trade deal would modestly boost the U.S. economy but could reduce U.S. vehicle production.
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