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Category : Business (Archive for 2018-05-14) News by Google
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Washington Post
Hong Kong shares jump after Trump tweets on China's ZTE
Washington Post
HONG KONG — Asian shares were mostly higher Monday, with Hong Kong shares surging after President Donald Trump said he wanted to help a sanctioned Chinese tech giant, signaling a possible improvement in U.S.-China relations. KEEPING SCORE: ...

Wall Street Journal
Xerox Drops Fujifilm Merger Plan, Strikes a Deal With Activists
Wall Street Journal
Xerox Corp . XRX 2.86% said it will back out of its merger deal with Fujifilm Holdings Corp. FUJIY 1.04% as it reached a new settlement with two of its biggest shareholders, the latest twist in a monthslong tug of war over the future of the iconic ...

Wall Street Journal
Tesla Executives Step Away, Adding to Auto Maker's Challenges
Wall Street Journal
Tesla Inc. TSLA -1.30% will be without two important executives just as the electric-car maker struggles to boost production of its first mass-market vehicle and faces doubts about its ability to raise cash. Matthew Schwall, who was the company's main ...

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 ...

CleanTechnica
Why Tesla Is A Very Profitable Company — Tesla Bankwuptcy Explained, Part 2
CleanTechnica
May 13th, 2018 by Maarten Vinkhuyzen. How did Tesla get into this hopeless situation? The short answer: “It did not.” The long answer is in 3 fresh articles here on CleanTechnica. This first one examined the problems 450,000 Tesla Model 3 reservations ...

ABC News
African woman removed from United flight after white passenger complained she was 'pungent': Lawsuit
ABC News
An African woman has filed a racial discrimination lawsuit against United Airlines charging she and her two young children were removed from a flight and publicly humiliated after she had a confrontation with a white passenger. The Nigerian woman ...

Chicago Tribune
Parts shortage that hit Ford spreads to more companies
Chicago Tribune
A fire that damaged a Michigan auto parts supply factory is causing production problems at Ford, Fiat Chrysler and General Motors, but it's too soon to tell yet whether dealers will run short of vehicles. So far Ford has been hit hardest by parts ...

USA TODAY
Chili's data breach leaves credit and debit card information exposed
USA TODAY
While you were enjoying that slab of Chili's Grill & Bar baby back ribs, hackers may have been feasting on your payment card information. The chain's parent company Brinker International announced Saturday that a data incident at some Chili's ...

Reuters
Malaysia investors shift to Mahathir's camp from Najib-linked losers
Reuters
KUALA LUMPUR (Reuters) - Investors sorted Malaysia's political haves from the have-nots on the first trading day after a shock election result, dumping shares in firms associated with supporters of ousted prime minister Najib Razak and projects backed ...

Wall Street Journal
Conoco Seizes Venezuelan Oil Assets in Curaçao
Wall Street Journal
WILLEMSTAD, Curaçao—A court on the Dutch island of Curaçao has authorized the local subsidiary of U.S. oil giant ConocoPhillips to seize $636 million worth of assets held on the island by Petróleos de Venezuela SA. The move comes as Houston's ...

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