Verizon media chief departing after not getting top job Verizon Communication Inc (VZ.N) media chief Marni Walden confirmed on Tuesday she had decided to leave the telecommunications company next year after it became clear she would not become its next chief executive. Walden, executive vice president and president of global […]
Current Business Updates in USA.
Bankrupt U.S. retailers begin to catch a break Bankrupt U.S. retailers begin to catch a break: An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following bankruptcy with most of their stores and employees in the fold. The new approach marks […]
Asian shares shrug off energy blues dollar firms Asian shares shrug off energy blues dollar firms: Asian shares rose on Tuesday, taking heart from record closes on Wall Street and upbeat economic data that lifted U.S. Treasury yields and the dollar, even as weaker oil prices took their toll on […]
American Express wins dismissal of lawsuit over lost Costco contract American Express wins dismissal of lawsuit over lost Costco contract: American Express Co (AXP.N) has won the dismissal of a lawsuit accusing the credit card services company of defrauding shareholders about the loss in 2015 of a lucrative co-branding relationship […]
Former Equifax chief will face questions from U.S. Congress over hack Former Equifax chief will face questions from U.S. Congress over hack: U.S. lawmakers are due to question the former head of Equifax Inc (EFX.N) at a Tuesday hearing that could shed light on how hackers accessed the personal data […]
Dollar rally falters global stocks rise with taxes in focus Dollar rally falters, global stocks rise with taxes in focus: The U.S. dollar weakened on Thursday after a recent rally while stocks globally rose modestly as investors digested U.S. economic data and prospects for a U.S. tax reform plan proposed […]
U.S. economy accelerates in second quarter hurricanes expected to slow growth U.S. economy accelerates in second quarter; hurricanes expected to slow growth: The U.S. economy expanded a bit faster than previously estimated in the second quarter, recording its quickest rate of growth in more than two years, but the momentum […]
Bombardier overshadows NAFTA talks as Quebec Bombardier overshadows NAFTA talks as Quebec, Britain threaten retaliation: Stiff U.S. duties imposed on Bombardier Inc’s (BBDb.TO) CSeries jet sparked retaliation threats from Britain and Canada’s Quebec province on Wednesday as the dispute, which may affect thousands of jobs, overshadowed North American trade talks. […]
Top NAFTA negotiators join talks as U.S. presents draft text on labor Top NAFTA negotiators join talks as U.S. presents draft text on labor: The United States on Tuesday unveiled draft text on labor standards during the negotiations on modernizing the North American Free Trade Agreement as top officials from […]
Unilever steps up beauty push with $2.7 billion Carver Korea deal Unilever steps up beauty push with $2.7 billion Carver Korea deal: Unilever (ULVR.L)(UNc.AS) has agreed to pay 2.27 billion euros ($2.71 billion) to buy fast-growing cosmetics company Carver Korea in its latest move to build a global beauty business. The […]
