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Category : Business (Archive for 2018-05-04) News by Google
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Bloomberg
Flipkart Board Approves $15 Billion Deal With Walmart
Bloomberg
The board of Flipkart Online Services Pvt has approved an agreement to sell about 75 percent of the company to a Walmart Inc.-led group for approximately $15 billion, according to people familiar with the matter, an enormous bet by the American ...

New York Times
Ex-Volkswagen CEO Charged With Fraud Over Diesel Emissions
New York Times
The Volkswagen emissions scandal reached the highest echelons of the company on Thursday after its former chief executive was charged with conspiracy in the company's rigging of diesel vehicles to feign compliance with federal pollution standards. The ...

USA TODAY
Twitter advises 336 million users to change their passwords. Here's how you can.
USA TODAY
Twitter is telling all users that they should change their passwords, now. The company's chief technology officer, Parag Agrawal, said in a blog post that it had recently found a bug that stored passwords, unmasked, in an internal log. "We have fixed ...

CNNMoney
Warren Buffett speaks on Saturday. Here are 6 things to watch for
CNNMoney
Tens of thousands of people will head to Omaha, Nebraska, this weekend to watch Warren Buffett sit on a stage and talk about stocks, the economy and whatever else strikes his fancy. Berkshire Hathaway's annual meeting — the so-called Woodstock of ...

USA TODAY
Investigators find two pieces of broken fan blade inside Southwest Airlines engine
USA TODAY
WASHINGTON – Two pieces of a broken fan blade were found inside the engine of a Southwest Airlines jet, but other pieces dislodged the cowl that fatally damaged the wing and fuselage of the Boeing 737-700, investigators said Thursday. One passenger ...

Business Insider
Kroger ground beef is recalled after a customer finds hard plastic in their meat
Business Insider
Kroger ground beef is included in a recall of more than 35,000 pounds of beef. The recall by North Carolina-based JBS USA affects several Kroger-branded ground beef products, as well as Kroger's private-label brand, Private Selection, and "All Natural ...

Wall Street Journal
Activision Blizzard Results Get Boost From In-Game Spending
Wall Street Journal
Activision Blizzard Inc. ATVI -2.30% reported record first-quarter results Thursday, with revenue and profit rising by double-digit percentages thanks to increased in-game spending in key titles such as “Call of Duty: World War II” and “Candy Crush ...

Bloomberg
Xerox CEO, Board Will Stay After Deal With Icahn Expires
Bloomberg
Xerox Corp. said its board and management team will stay after a legal settlement with activist shareholders to remove them lapsed, adding uncertainly to a $6.1 billion deal that would see the U.S. company cede control of its operations to Japan's ...

Wall Street Journal
Nike CEO Apologizes for Corporate Culture That Excluded Some Staff
Wall Street Journal
Nike Inc. NKE -1.99% Chief Executive Mark Parker apologized to employees Thursday for allowing a corporate culture that excluded some staff and failed to take seriously complaints about workplace issues, according to people familiar with the matter ...

The Mercury News
5 feet?! Shocking SFO video, data reveal Air Canada plane came perilously close to aircraft on taxiway
The Mercury News
(Click here, if you are unable to view this video on your mobile device.) Security camera shows Air Canada's near miss. Info. Shopping. Tap to unmute. If playback doesn't begin shortly, try restarting your device. More videos. Your browser does not ...

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