Under Pichai, Alphabet’s moonshot projects may face more scrutiny
Alphabet’s leadership change has some investors hoping that the owner of Google will take a hard look at the cash-burning ventures championed by its founders....
Wall Street rebounds on renewed U.S.-China trade optimism
Wall Street gained ground on Wednesday in a broad-based rally as investor sentiment brightened after U.S. President Donald Trump said talks with China on an...
BMW sues air conditioning suppliers over price fixing
BMW is suing two of its suppliers over price fixing on air conditioning components, the German carmaker said on Wednesday....
Bombardier on track to meet 2019 Global 7500 business jet delivery targets: executive
Canada’s Bombardier will hit its 2019 delivery targets for its Global 7500 business jet, as the company redirects manpower from other planes to its flagship...
Elon Musk, at defamation trial, blames ‘pedo guy’ tweet on overwork
Elon Musk said he was overworked when he called a British diver and cave explorer a “pedo guy” in a tweet to his millions of...
Top U.S. stockpickers keep low profile
The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial...
L’Oreal’s Lancome beefs up stores as luxury cosmetics take off
L’Oreal’s Lancome brand is planning to open a flagship store in China after launching its first major showcase in Paris this week, its chief executive...
Renewed hopes of trade deal push Wall Street higher
Wall Street was set to break a three-day losing streak on Wednesday, following a report that the United States and China were moving closer to...
PG&E nearing $13.5 billion deal with wildfire victims – BBG
Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines,...
Oil jumps 4% on U.S. stockpiles drop; further OPEC output cuts seen
Oil prices surged 4% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large...