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Category : Business (Archive for 2018-07-04) News by Google
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CNBC
Markets in Asia falter, with China declining as trade concerns simmer
CNBC
Asian stocks closed in negative territory on Wednesday, with China markets failing to sustain gains notched in the last session as trade jitters continued to simmer ahead of a deadline when tariffs are due to take effect. In Japan, the Nikkei 225 ...

Wall Street Journal
Billionaire Behind LaCroix Accused of Improper Touching by Two Pilots
Wall Street Journal
Two pilots have filed lawsuits alleging sexual harassment by the billionaire behind LaCroix sparkling water, claiming 82-year-old Nick A. Caporella inappropriately touched them on multiple trips while they were flying with him in the cockpit of his ...

Boston Business Journal
GE Healthcare to be spun out in latest shakeup
Boston Business Journal
General Electric is spinning out its $19 billion-a-year health care division, the latest in a series of business units affected by a restructuring. The company revealed its plan to separate GE Healthcare into a standalone company on Tuesday morning ...

New York Times
Barnes & Noble Fires CEO Without Severance but Doesn't Explain Why
New York Times
Barnes & Noble fired its chief executive, Demos Parneros, for violating the company's policies, the company said on Tuesday without specifying the policies. Mr. Parneros was not terminated because of “any disagreement with the company regarding its ...

Washington Post
Trump supporters call to #boycottWalmart over 'Impeach 45' shirt
Washington Post
Walmart became the target of Trump supporters outraged by a T-shirt sold on the company's website, leading to calls for a boycott Tuesday. The shirt, which was available in adult sizes and in baby onesies, bore the words “Impeach 45,” in reference to ...

Bloomberg
HNA Group Says Chairman Wang Jian Has Died in Accident in France
Bloomberg
HNA Group Co., the once-acquisitive Chinese conglomerate that's been selling billions of dollars in assets this year, said that Co-Chairman Wang Jian died after an accident on Tuesday in Provence, France. He was 57. Wang, who was on a business trip ...

CNNMoney
Micron barred from selling chips in China, rival says
CNNMoney
A Chinese court has temporarily barred Micron (MICR) from selling 26 products in the country including memory chips, memory sticks and hard drives, Taiwan's United Microelectronics Corporation (UMC) said in a statement late Tuesday. UMC filed patent ...

Reuters
ZTE given temporary reprieve from US; removes more executives
Reuters
NEW YORK/HONG KONG (Reuters) - China's embattled ZTE Corp (0763.HK) has received a temporary reprieve from the U.S. government to conduct business needed to maintain existing networks and equipment as it works toward the lifting of a U.S. ...

CleanTechnica
Doug Field, Tesla's 3rd Ranking Engineer, Departed In Midst Of Model 3 “Burst Week”
CleanTechnica
July 3rd, 2018 by Steve Hanley. Arrivederci, Doug Field. Doug Field was the Senior Vice President for Engineering at Tesla until June 27. Now he is out of a job, reports the Wall Street Journal. Field, who was nominally in charge of Model 3 production ...

Engadget
Netflix tests 'Ultra' tier that could add a higher price option
Engadget
Over the last few years, Netflix has slowly rolled out a series of price increases for its streaming service. After the debacle of 2011 that occurred when it announced a split between its streaming and disc service to create "Qwikster" the company has ...

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