Ford to invest $1 billion in autonomous vehicle tech firm Argo AI Ford to invest $1 billion in autonomous vehicle tech firm Argo AI:- Ford Motor Co plans to invest $1 billion over the next five years in tech startup Argo AI to help the Detroit automaker reach its goal […]
USA Business News
UAW says it will greet Tesla workers with open arms UAW says it will greet Tesla workers with open arms:- The United Automobile Workers union on Friday said it had been approached by workers at Tesla Inc's (TSLA.O) Fremont, California, assembly plant, rejecting a charge by the chief executive of […]
Amazon warns that trade protectionism could hurt business Amazon warns that trade protectionism could hurt business:- Amazon.com Inc (AMZN.O) warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump's "America First" agenda. In a routine […]
Republican plan would ease Wall Street rules, as party embraces deregulation Republican plan would ease Wall Street rules, as party embraces deregulation:- The Republican chairman of a key House of Representatives committee has laid out his plan to roll back Wall Street rules and consumer protections conceived after the 2008 […]
Toshiba receives bid as high as $3.6 billion for chip business stake Toshiba receives bid as high as $3.6 billion for chip business stake:- Toshiba Corp has received an offer as high as 400 billion yen ($3.6 billion) for a 19.9 percent stake in its flash memory business, with other […]
Goldman hedge fund folding London operations, shifting staff to U.S Goldman hedge fund folding London operations, shifting staff to U.S:- Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London operations into the United States and shifting […]
U.S. court blocks Anthem-Cigna merger, dealing blow to consolidation U.S. court blocks Anthem-Cigna merger, dealing blow to consolidation:- A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc's (ANTM.N) proposed $54 billion merger with smaller rival Cigna Corp (CI.N), derailing an unprecedented effort to consolidate the country's health […]
Asian stocks at 18-month highs as China rises Asian stocks at 18-month highs as China rises:- Asian shares climbed to their highest in more than 18 months on Thursday, as investors grew more confident about China while the dollar slightly firmed in the wake of growing concerns over political instability […]
U.S. government has itself to blame for dollar strength U.S. government has itself to blame for dollar strength:- The U.S. administration should blame itself rather than Germany for a recent strengthening of the dollar against the euro, the head of Germany's Bundesbank said on Tuesday. Jens Weidmann said comments by […]
JPMorgan gets China corporate bond underwriting license JPMorgan gets China corporate bond underwriting license:- JPMorgan Chase & Co said on Monday it had received approval and license to underwrite corporate bonds in China’s interbank bond market, making it the first U.S.-headquartered bank to do so. The license enables JPMorgan to […]
