Asia shares drift lower, wait on U.S. inflation
Asian share markets took a step back on Wednesday as the White House took a tough line on trade talks with China, while a looming...
LG Electronics, regulators oppose Qualcomm’s effort to put antitrust ruling on hold
Smartphone maker LG Electronics Inc on Tuesday opposed chip supplier Qualcomm Inc’s efforts to put a sweeping U.S. antitrust decision against it on hold as...
Mattel rejects renewed merger bid from rival MGA Entertainment
Toymaker Mattel Inc last week rejected another merger offer from Bratz doll maker MGA Entertainment Inc, MGA’s chief executive officer, Isaac Larian, said on Tuesday....
The media has a big problem, Reuters Institute says: Who will pay for the news?
News organizations are being challenged by technology giants and unsettled by a broader lack of trust but they have a much deeper problem: most people...
Dash for growth at company founded by Indian yoga guru leads to stumbles
Three years ago, Indian yoga guru and entrepreneur Baba Ramdev was riding high....
Kroger to start selling cannabis-based products
Kroger Co said on Tuesday it would start selling cannabis-based products in 945 stores, joining the growing number of retailers that are trying to tap...
Wall Street treads water after recent rally
U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh...
GM expected to invest $150 million to boost truck output in Flint, Michigan: sources
General Motors Co is expected to announce on Wednesday it is investing about $150 million at its Flint Assembly in Michigan to boost production of...
Equities rally dissipates as trade optimism fades, yield curve flattens
Wall Street’s indexes ended Tuesday’s session virtually unchanged after investors turned their focus to U.S.-China trade tensions as euphoria from Friday’s U.S.-Mexico deal faded....
Investor Ackman opposes United Technologies’ aerospace merger with Raytheon: source
William Ackman’s activist hedge fund Pershing Square Capital Management LP is opposed to United Technologies Corp’s $120 billion aerospace merger with defense contractor Raytheon Co,...