Wells Fargo hires new law firm to prepare CEO for Senate appearance Wells Fargo hires new law firm to prepare CEO for Senate appearance: Wells Fargo & Co. (WFC.N) has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the […]
Current Business Updates in USA.
Bond prices, yen rise on North Korea concerns Bond prices, yen rise on North Korea concerns: U.S. Treasury and gold prices rose while the Japanese yen strengthened on Friday as a fresh exchange of barbs between North Korea and the United States fueled geopolitical concerns. North Korea said it might test […]
Zuckerberg nixes new Facebook share class after shareholder lawsuit Zuckerberg nixes new Facebook share class after shareholder lawsuit: Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain […]
Toshiba keen to seal $18 billion chips sale wrestles with last-minute delays Toshiba keen to seal $18 billion chips sale wrestles with last-minute delays: Japan’s Toshiba Corp (6502.T) is locked in last minute discussions over “key issues” with the would-be buyers of its $18 billion memory chip business led by U.S. […]
EU eyes solo move to increase tax on online giants risking U.S. anger EU eyes solo move to increase tax on online giants risking U.S. anger: The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the […]
Nvidia investors should ignore the noise about a Tesla-AMD partnership Nvidia investors should ignore the noise about a Tesla-AMD partnership: Shares of Nvidia Corp. sank in active trade Thursday, amid worries that Tesla Inc. was now working with Advanced Micro Devices Inc. on self-driving cars, but some analysts suggested those […]
J&J ordered to pay $417 million in trial over talc cancer risks J&J ordered to pay $417 million in trial over talc cancer risks: A California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company’s […]
Summer rumblings could herald a stormy fall for U.S. stocks Summer rumblings could herald a stormy fall for U.S. stocks: The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach […]
Investors sell stocks, dollar on fears Trump agenda is foundering Investors sell stocks, dollar on fears Trump agenda is foundering: Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump’s ability to fulfill his economic agenda. […]
Fed policymakers grow more worried about weak inflation Fed policymakers grow more worried about weak inflation: Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for halting interest rate hikes until it was clear the trend was transitory, according to the minutes of the U.S. central […]
