SEC chairman belatedly learned of 2016 agency hack testimony SEC chairman belatedly learned of 2016 agency hack testimony: The chairman of the U.S. Securities and Exchange Commission belatedly found out in August, about three months after being confirmed, that hackers breached the regulator’s database of corporate announcements in 2016, according […]
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Time Inc in talks to sell assets warns on third-quarter ad revenue softness Time Inc in talks to sell assets warns on third-quarter ad revenue softness:Â Time Inc (TIME.N) said on Friday it was looking to sell several assets, including Time Inc UK, and warned it experienced more-than-anticipated softness in both […]
Take Five World markets themes for the week ahead Take Five World markets themes for the week ahead: Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ STRONG QUARTER? NOT HALF It’s the end of […]
S&P says downgraded China as credit growth still too fast S&P says downgraded China as credit growth still too fast: China’s attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on […]
Trump Republicans to showcase tax cut for businesses Trump Republicans to showcase tax cut for businesses: U.S. President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. The […]
Apple’s iPhone 8 sees muted launch in Asia Apple’s iPhone 8 sees muted launch in Asia: Apple Inc’s (AAPL.O) launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of […]
Daimler joins rush to add more North American auto plants Daimler joins rush to add more North American auto plants:Â U.S. automakers are facing mounting pressure amid slowing demand in the country, as automakers from Asia and Europe aggressively ramp up vehicle production in North America, including a new investment by […]
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 […]
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 […]
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 […]
