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Category : Business (Archive for 2018-05-12) News by Google
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Wall Street Journal
Reckoning for Drug Middlemen Is Postponed, Not Canceled
Wall Street Journal
Healthcare investors who were on the edges of their seats on Friday afternoon were relieved. President Donald Trump's much-anticipated remarks on Friday afternoon about lowering drug prices seemed like much ado about nothing. Share prices of ...

WHTC
Trump on Twitter (May 11) - Healthcare, AT&T, Time Warner
WHTC
The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS. The opinions expressed are his own. Reuters has not edited the statements or confirmed their accuracy.

Detroit Free Press
Ford hopes to restart F-150 lines next week; supplier describes heavy damage
Detroit Free Press
Ford said late Friday it hopes to resume production of F-150 pickups as soon as next Friday, May 18. Kelli Felker, Ford spokeswoman, said, “Our teams are working tirelessly and around the clock to get our bestselling vehicle back into production as ...

PYMNTS.com
For Goldman And Apple, One Word: Plastic (Cards, That Is)
PYMNTS.com
Two marquee names — one in tech and the other in finance — and a card between them. News came Thursday (May 10) that Apple and Goldman Sachs Group are in the midst of bringing a joint credit card to market. In terms of details, noted The Wall Street ...

Washington Post
Robot dogs that freaked people by opening doors out may soon come to a building near you
Washington Post
They look like they've scampered out of a thriller — sleek, four-legged robots vaguely resembling dogs, flinging open doors and evading attacks from the humans controlling them. And for the first time this week, videos posted to YouTube by the robotic ...

Washington Post
Trump said Amazon cost the USPS 'billions.' But the post office has a different explanation.
Washington Post
The U.S. Postal Service says that its large financial losses are caused by market forces and governmental constraints but not Amazon.com, in a release of its quarterly statistics that stood in contrast to pointed statements made by President Trump ...

Wall Street Journal
Uber Stumbles in Lengthy CFO Search Ahead of IPO
Wall Street Journal
Uber Technologies Inc. chief Dara Khosrowshahi is under pressure from the board and investors to find a new finance chief after its leading candidate backed out, adding to the challenges of preparing for an IPO next year. Mr. Khosrowshahi had hoped to ...

Washington Post
Starbucks chairman opens up about company's race failures — and says its bathrooms are now open to all
Washington Post
Starbucks Chairman Howard Schultz said Thursday that the company will now open its bathrooms to everyone, regardless of whether a purchase has been made, following the arrest of two African American men who had asked to use the bathroom at one of ...

Fox Business
Symantec stock downgraded en masse as analysts fret about internal audit
MarketWatch
Like a computer virus, the bad news for Symantec Corp. investors came all at once. Shares of the cybersecurity software company plunged 35% in Friday morning trading to put them on track for their biggest one-day decline in 17 years and second-biggest ...

Los Angeles Times
Elon Musk shares a trip through his Hawthorne tunnel. His project in LA is facing a bumpier ride
Los Angeles Times
Billionaire entrepreneur Elon Musk unveiled a zippy video Thursday night showing the progress his company has made on a tunnel beneath the city of Hawthorne, part of his grand vision for a subterranean transportation network that whisks commuters ...

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