California regulator to probe utilities’ mass power outages aimed at preventing fires
California regulators said on Monday they will open a formal probe of whether utilities violated any rules by cutting power to millions of residents for...
Japan tax agency finds Ghosn used Nissan money for private use: report
Japan’s tax authorities have determined former Nissan Motor Co Ltd boss Carlos Ghosn used company money for private use, bolstering the automaker’s case that he...
Justice Department issues grand jury subpoenas in J&J opioid probe: filing
Johnson & Johnson received grand jury subpoenas in August from the U.S. attorney’s office for the Eastern District of New York related to its opioid...
Beyond Meat to offer more store discounts as competition heats up; shares fall
Beyond Meat Inc reported its first ever net profit and raised its full-year sales forecast, but shares tumbled 6.5% in extended trading as the vegan...
United, Avianca and Copa’s South American deal delayed as they mull fourth partner
A proposed joint venture between United Airlines , Colombia’s Avianca Holdings and Panama’s Copa Holdings has been delayed due to the potential inclusion of Brazil’s...
GM, Toyota, Fiat Chrysler seek to intervene in California emissions suit
Major automakers including General Motors Co , Toyota Motor Corp , Hyundai Motor Co and Fiat Chrysler Automobiles NV are asking to intervene in a...
Beyond Meat expenses surge as manufacturing ramps up; shares fall
Beyond Meat Inc’s expenses more than doubled in the third quarter as the vegan burger maker ramped up manufacturing to meet booming demand for plant-based...
Richard Branson’s Virgin Galactic soars before crashing to earth in NYSE debut
Richard Branson-backed Virgin Galactic Holdings Inc fetched a valuation of around $2.3 billion on its market debut on Monday, after shares in the first publicly...
U.S.-China trade hopes boost stocks; dollar weak
An index of global stock markets rallied to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view...
T-Mobile beats quarterly phone subscriber estimates
T-Mobile US Inc on Monday beat Wall Street’s third-quarter estimates for net new phone subscribers who pay a monthly bill, boosted by its competitive wireless...