Corporate/Industrial News Archives

  • Tech

    Intel Corp. Chief Executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition…

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  • Tech

    WASHINGTON—The Federal Trade Commission filed a new version of its antitrust lawsuit against Facebook Inc. on Thursday, seeking to jump-start…

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  • Tech

    Video résumés are fast becoming the new cover letter for a certain breed of young creatives. Some, like Jay Beech,…

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  • Tech

    LONDON—The U.K. government said it was considering an in-depth probe of Nvidia Corp . ’s proposed $40 billion takeover of…

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  • Market

    A judge late Friday shot down a law that would have allowed app-based companies to continue treating drivers as contractors…

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  • Tech

    A California judge said a ballot measure that allowed Uber Technologies Inc., Lyft Inc. and DoorDash Inc. to bypass a…

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  • Tech

    Apple Inc. is delaying back-to-work plans for its U.S. corporate offices until early next year as a rise in Covid-19…

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  • Tech

    BRUSSELS—The European Union’s executive arm said it was opening a probe into Illumina Inc.’s decision to complete its $7.1 billion…

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  • Market

    T-Mobile is investigating a hack of personal data involving about 54 million of its current, former and prospective customers. The…

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  • Market

    General Motors Co. late Friday said it would spend $1 billion to expand the recall of Chevy Bolt EVs to…

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  • Market

    There’s never a shortage of trouble in the world, but if a data breach causes your personal information to be…

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  • Market

    Tesla Inc. shares were holding on to small gains a day after the company held its much-anticipated AI Day, which…

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  • Market

    A view of the Macy’s flagship store Drew Angerer/Getty Images Macy’s stock soared Thursday after the department store operator crushed…

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  • Finance

    Asset managers are jockeying to create the first US bitcoin exchange-traded fund after a top securities regulator signaled a path…

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  • Finance

    The move by Jump Trading Group to launch a new business unit to execute stock orders on behalf of retail investors…

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  • Finance

    Revolut has launched a tool that will allow UK workers to get paid a portion of their salary as they…

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  • Finance

    “It’s an absolute bargain”. I blink several times and pause, just to check my friend’s not joking. We are discussing…

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  • Finance

    Goldman Sachs has struck a €1.6bn deal to acquire the asset management arm of Dutch insurer NN Group, marking the…

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  • Finance

    Regulation may not be considered the sexiest job in the world, but staff at our watchdogs form a key part…

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  • Finance

    Another week, another round of pay rises for junior bankers. But this time, there’s a twist; its the boutiques leading…

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  • Finance

    Goldman Sachs has bumped junior salaries for some employees in its sales, trading, research and asset management units, as pay…

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  • Finance

    HSBC has started legal proceedings against El Salvador, saying the Central American country breached its investment treaty with the United…

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  • Tech

    Amazon.com Inc. plans to open several large physical retail locations in the U.S. that will operate akin to department stores,…

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  • Market

    By Adria Calatayud Wm. Morrison Supermarkets PLC has agreed to a takeover offer from Clayton Dubilier & Rice LLC that…

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  • Market

    Tesla Inc. showcased its artificial-intelligence systems on Thursday amid renewed criticism for Autopilot, its most-talked-about AI-based system, as it unveiled…

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  • Tech

    David Feinberg, who led Google’s ambitious and sometimes controversial push into healthcare, is leaving the search giant to become Cerner…

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  • Tech

    TOKYO—The global semiconductor shortage has finally started to bite at Toyota Motor Corp., highlighting how a resurgence in Covid-19 infections…

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  • Market

    The rally comes as enterprise customers boost network infrastructure spending. Hcazenave/Dreamstime.com Reversing a modest after-hours decline, Cisco Systems shares are…

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  • Market

    The Federal Trade Commission filed a new version of its antitrust lawsuit against Facebook Inc. on Thursday, targeting its acquisitions…

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  • Tech

    A new tech-industry battle is taking shape over the “metaverse” as companies such as Facebook Inc. and Roblox Corp. work…

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  • Market

    Amazon.com Inc. AMZN, -1.26% plans to open several large physical retail locations in the U.S. that will operate akin to…

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  • Finance

    Binance is facing legal action from traders who say they were left out of pocket after the exchange crashed during the…

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  • Finance

    For years, the UK has looked longingly at the Spac market in the US. As of 11 August, 626 Spacs had…

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  • Finance

    Insurance giant Royal London will be moving into a new City headquarters at 80 Fenchurch Street. The firm’s announcement, published…

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  • Market

    By Adria Calatayud Goldman Sachs Group Inc. said Thursday that it has agreed to buy European asset manager NN Investment…

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  • Finance

    The remnants of Greensill Capital, the UK financing company that collapsed earlier this year, filed for bankruptcy in the US,…

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  • Tech

    WASHINGTON— Illumina Inc. on Wednesday said it completed its planned $7.1 billion acquisition of Grail Inc., despite a pending legal…

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  • Finance

    Andy Grove, the former Intel co-founder and chief executive, once said that “success breeds complacency”. It is five years since Grove…

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  • Finance

    Revenue at Robinhood Markets more than doubled in the second quarter thanks to a torrent of customers trading cryptocurrency, but…

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  • Finance

    Shares of exchange operators CME Group and Cboe Global Markets swung on 18 August following a media report that the…

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  • Finance

    Penalties imposed on global finance companies for breaching anti-money laundering rules almost halved in the first six months of 2021…

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  • Health

    VANDERBILT, Mich.—The Pigeon River Country State Forest generates cash from timber sales, oil-and-gas leases, hunting licenses and camping fees. Now…

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  • Market

    Robinhood Markets Inc. benefited from strong interest in cryptocurrencies in its first earnings report as a public company, though the…

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  • Market

    Cisco Systems Inc.’s stock dipped 1% in extended trading Wednesday after the computer-networking company reported fiscal fourth-quarter results slightly above…

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  • Market

    Nvidia Corp. shares fluctuated between slight gains and losses in the extended session Wednesday after the chip maker’s earnings and…

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  • Finance

    Speciality automotive insurance provider Hagerty is going public through a special-purpose acquisition deal that would give it an enterprise value…

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  • Finance

    As BuzzFeed was exploring plans to go public earlier this year, it ran into a problem: Executives at the digital-media…

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  • Finance

    Sustainability-focused financial technology firm Aspiration Partners is going public through a deal with a special-purpose acquisition company that would value…

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  • Finance

    Coinbase Global in its first months as a public company has built a $4bn cash stockpile as it benefits from…

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  • Market

    Federal health officials said Wednesday that a third dose of the COVID-19 shots developed by Moderna Inc. and Pfizer Inc.…

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