U.S. corruption probe involving lavish parties, champagne hits another top UAW official
Just two days before the UAW’s contracts with Detroit automakers were due to expire, U.S. prosecutors arrested and charged a senior union official on Thursday...
Philippine fast food specialist Jollibee hungry to expand in U.S., China
Jollibee Foods Corp , the Philippine fast food specialist known for fried ‘Chickenjoy’ and chopped hotdogs in sweet spaghetti sauce, is doubling down on expansion...
Mnuchin says 100-year Treasury bond possible
U.S. Treasury Secretary Steven Mnuchin on Thursday said the United States will issue 50-year bonds if there is “proper demand,” a moved aimed at “derisking”...
Broadcom says chip demand has hit bottom, but uncertain on recovery timing
Broadcom Inc said on Thursday demand for microchips had hit a bottom and would remain at current levels, a sign that an industry downturn may...
Investing green is all the rage, but benchmarks still hazy
Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises...
Consumer groups, unions urge caution on $63 billion AbbVie deal for Allergan
About a dozen advocacy groups and unions, including Public Citizen and the American Federation of Teachers, wrote the Federal Trade Commission on Thursday urging it...
Senior UAW official charged in widening U.S. corruption probe
A senior United Auto Workers (UAW) official was arrested on Thursday and charged with conspiring with other union leaders to embezzle hundreds of thousands of...
U.S. may issue 100-year bonds if 50-year bond issue succeeds: Mnuchin
U.S. Treasury Secretary Steven Mnuchin on Thursday said the United States may issue 100-year bonds if a bid to issue 50-year bonds is successful....
U.S. House panel wants Boeing CEO to allow employee interviews on 737 MAX
A U.S. House committee on Thursday asked Boeing Co Chief Executive Dennis Muilenburg to request interviews with several employees as part of the congressional probe...
Trade hopes lifts stocks, bond yields
A gauge of global stock markets rose for a seventh straight day in choppy trading on Thursday after hints of progress in the U.S.-China trade...