Huawei’s U.S. research arm slashes more than 70% of workforce
China’s Huawei Technologies Co Ltd said it is slashing more than 600 jobs at its Futurewei Technologies research arm in the United States after being...
Easing hopes prop up global stocks, pound sags as Britain eyes new PM
Expectations of policy easing by major central banks such as the Federal Reserve propped up global stocks on Tuesday, while the pound sagged as Britain...
Australian financial watchdog proposes tighter terms for executive pay
Australia’s financial-sector watchdog on Tuesday proposed new rules around remuneration after a public inquiry last year blamed flawed incentives for widespread wrongdoing in the industry....
Trump agrees to prompt responses to license requests for Huawei sales
President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make “timely” decisions on requests by...
Trump meets with tech CEOs on Huawei
U.S. President Donald Trump met on Monday with the chief executives of seven technology companies and he agreed with their request for timely licensing decisions...
AutoNation names new CEO, posts strong quarterly profit
AutoNation Inc , the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the position,...
Huawei’s U.S. research arm sends workers packing
Futurewei Technologies Inc, the U.S. research arm of China’s Huawei Technologies Co Ltd, began laying off workers on Monday, according to employees including one who...
Fitch, Moody’s cut Boeing’s debt outlook to ‘negative’ on 737 MAX problems
Fitch Ratings and Moody’s lowered their outlooks for Boeing Co to “negative” from “stable” on Monday, citing delays in its 737 MAX jets’ return to...
Bunge and BP team up in Brazil bioenergy venture, create No. 3 sugarcane processor
U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create...
Whirlpool earnings beat estimates as higher prices offset tariff impact
Whirlpool Corp on Monday reported better-than-expected quarterly earnings and lifted its full-year profit forecast, as the appliance maker raised prices on its washing machines and...