Goldman Sachs to companies: Hire at least one woman director if you want to go public
From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such...
Blues health insurers put up $55 million to take on generic drug makers
A group of Blue Cross Blue Shield insurers is investing $55 million in a venture that aims to offer cheaper prices to their members on...
U.S. regulator to review recommendation on Fiat Chrysler’s Jeep complaint against Mahindra
A U.S. regulator said it will review part of a recommendation made last fall that India’s Mahindra and Mahindra Ltd infringed upon the intellectual property...
Tesla’s German factory gets off to an explosive start
Seven U.S. bombs from World War Two have been found in the plot of land outside Berlin where electric car pioneer Tesla wants to build...
U.S. weekly jobless claims rise modestly; labor market tight
The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth...
Comcast results beat forecasts on broadband growth; ‘Cats’ hits NBC Universal unit
Comcast Corp on Thursday beat Wall Street’s revenue and profit estimates due to growth in broadband customers, but the company lost more cable TV subscribers...
Coronavirus fears weigh on global equity markets
The biggest tumble in Chinese stocks in more than eight months led global equity markets lower Thursday as concern mounted about a new coronavirus outbreak...
M&A strong though Chinese buyers lacking: Citigroup’s Kalvaria
Geopolitical uncertainties are not deterring Citigroup Inc clients from strategic deals and some unicorns’ offer “great potential”, but outbound Chinese buyers are lacking, Leon Kalvaria,...
P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales
Procter & Gamble Co on Thursday posted quarterly sales that missed analysts’ expectations for the first time in five quarters, hurt by weakness in baby...
ECB’s Lagarde launches policy overhaul that will leave no stone unturned
The European Central Bank launched a broad review of its policy on Thursday that is likely to see new President Christine Lagarde redefine the ECB’s...