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Category : Business (Archive for 2018-07-20) News by Google
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CNBC
Wendy's had preliminary deal talks with Papa John's before founder's scandal erupted
CNBC
Wendy's had preliminary merger talks with Papa John's before the company's founder, John Schnatter, stepped down as chairman last week, a source familiar with the situation told CNBC. The talks cooled after Schnatter's use of a racially charged slur ...

CNNMoney
Warren Buffett may soon join the stock buyback party
CNNMoney
Big US companies have been binging on their own stock. But Warren Buffett's Berkshire Hathaway hasn't been taking part in the bonanza. That soon may change. Berkshire Hathaway (BRKB) announced late Tuesday that the company loosened an old ...

Reuters
Asian shares rise on US earnings but trade worries rattle yuan
Reuters
TOKYO (Reuters) - Asian shares extended early gains on Thursday as upbeat Wall Street earnings buoyed global investor sentiment, although trade war jitters pushed China's yuan to fresh one-year lows in both the onshore and offshore markets. People walk ...

CNBC
IBM stock rises after earnings beat
CNBC
IBM stock fluctuated and then rose to more than 2.5 percent above the $144.52 closing price after the company reported better-than-expected second-quarter earnings results on Wednesday. Here's how the company did: Earnings: $3.08 per share, excluding ...

TechCrunch
Blue Origin successfully lands both booster and crew capsule after test launch
TechCrunch
Today, at its Texas launch facility, Blue Origin performed its most critical test to date. It performed a live separation test of its crew capsule from the rocket booster and everything performed as expected. The crew capsule fired its escape motor at ...

USA TODAY
Customer who left racist 'we don't tip terrorist' message banned from Texas restaurant
USA TODAY
A customer at a Texas steakhouse who left a server with no tip and a racist message over the weekend may not return, restaurant management says. When Khalil Cavil looked at his customer's bill Saturday night, he saw a note written on the top saying ...

Wall Street Journal
FDA Unveils Effort to Get 'Biosimilar' Drugs on the Market Faster
Wall Street Journal
WASHINGTON—The Food and Drug Administration is unveiling a plan to ease the approval and market entry of “biosimilars,” lower-cost copies of complex multibillion-dollar biotech drugs that have often been blocked by court actions. The medicines are a ...

The Mercury News
Tesla says injury rate at Fremont factory dropped this year
The Mercury News
Under fire over reported safety issues and worker injuries at its Fremont factory as it goes through “hell” ramping up production for its Model 3 sedan, Tesla said Wednesday that it has cut its workplace injury rate by 10 percent this year. The company ...

Business Insider
Elon Musk has tried to help fix these 7 humanitarian crises — here's how he's doing so far
Business Insider
Elon Musk wants to solve the world's problems — but his solutions have had varying degrees of success. Lucy Nicholson / Reuters. Ah, Elon Musk. The eccentric billionaire and real-life Tony Stark has courted controversy and made headlines for all the ...

Wall Street Journal
Fed's Beige Book Shows Mounting Tariff Concerns Among Businesses
Wall Street Journal
WASHINGTON—Manufacturers across the U.S. expressed concern about tariffs, with many reporting higher prices and supply-chain disruptions in the wake of new trade policies, according to a Federal Reserve report released Wednesday. Ten of the Federal ...

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