EBay CEO Devin Wenig steps down
EBay Inc said on Wednesday Chief Executive Officer Devin Wenig has stepped down and the e-commerce company named its finance head Scott Schenkel as interim...
No tariff fears for Nike after online success
Nike Inc’s online sales growth and a bullish outlook in China put it on a firm path for years to come and should help it...
Wall Street set to open flat as political worries weigh; Nike, tobacco stocks gain
U.S. stock indexes were set to open flat on Wednesday as a move to launch an impeachment inquiry into President Donald Trump unnerved investors, but...
Factbox: Thomas Cook collapse prompts international response
The collapse of British travel operator Thomas Cook left hundreds of thousands of holidaymakers abroad and forced governments and insurers to coordinate a huge operation...
Thomas Cook Germany in rescue talks with investors
Thomas Cook’s German tour business filed for insolvency on Wednesday in a move aimed at separating its brands and operations from its failed parent, and...
Explainer: Battle over Osram takes further twist
An unprecedented bidding war has erupted over German lighting group Osram , with private equity group Bain swapping partners to team up with Advent to...
Elliott renews demand to split Marathon Petroleum
Elliott Management on Wednesday renewed its demand for Marathon Petroleum Corp to split into three companies, three years after the activist investor asked the refiner...
Boeing to bolster engineering oversight in response to 737 MAX crashes
Boeing Co’s board of directors said on Wednesday it created a new permanent safety committee to oversee development, manufacturing and operation of its aircraft and...
Trump impeachment move knocks stocks, Brexit rattles pound
World stocks fell to a two-week low and risk assets withered on Wednesday after U.S. lawmakers called for an impeachment inquiry into President Donald Trump,...
Stock futures fall on Trump impeachment push, Nike gains
U.S. stock index futures edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump injected a fresh dose of...