Business News

U.S. negotiators set to make last-minute trip to Mexico to pin down USMCA deal

Reuters Biz News - 2 hours 19 min ago
The Trump administration, Mexico and U.S. Democrats on Monday closed in on a deal for labor-related changes to a languishing North American trade pact that may soon allow it to proceed to a vote, as the window for passage this year quickly narrows.
Categories: Business News

UPDATE 2-Venezuela releases six Citgo executives, detained in 2017, on house arrest -sources

Reuters Company News - 2 hours 36 min ago
Venezuela has granted house arrest to six executives of U.S. refiner Citgo, a unit of Venezuelan state oil company PDVSA, who were jailed on corruption charges in Caracas in late 2017, three sources close to the case said on Monday.
Categories: Business News

Apple has 'deep concerns' that ex-employees accused of theft will flee to China

Reuters Biz News - 2 hours 46 min ago
Apple Inc on Monday told a federal court it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored.
Categories: Business News

UPDATE 1-Apple has 'deep concerns' that ex-employees accused of theft will flee to China

Reuters Company News - 2 hours 49 min ago
Apple Inc on Monday told a federal court it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored.
Categories: Business News

Ford to nearly halve its 2018 before interest and taxes loss in China

Reuters Company News - 2 hours 55 min ago
U.S. automaker Ford Motor Co. said on Monday it expects its full year 2019 loss, before interest and taxes, from China to be nearly halved from the year ago.
Categories: Business News

GM loans $40 million to firm to acquire, retool shuttered Lordstown, Ohio, factory

Reuters Biz News - 2 hours 55 min ago
General Motors Co confirmed on Monday it agreed to loan $40 million to an electric vehicle start-up to facilitate the acquisition of its shuttered Lordstown Assembly plant in Ohio.
Categories: Business News

Ukraine's Zelenskiy says gas transit issue 'unblocked' after Putin meeting

Reuters Company News - 3 hours 3 min ago
Ukrainian President Volodymyr Zelenskiy said Ukraine and Russia had "unblocked" the issue of gas transit and the countries' advisers would work on the details of an agreement.
Categories: Business News

Apple has 'deep concerns' that ex-employees accused of theft will flee

Reuters Company News - 3 hours 5 min ago
Apple Inc on Monday told a federal court it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored.
Categories: Business News

GM loans $40 million to firm to acquire, retool shuttered Lordstown, Ohio, factory

Reuters Company News - 3 hours 10 min ago
General Motors Co confirmed on Monday it agreed to loan $40 million to an electric vehicle start-up to facilitate the acquisition of its shuttered Lordstown Assembly plant in Ohio.
Categories: Business News

Canada's Freeland invited to Mexico talks as USMCA deal looms

Reuters Biz News - 3 hours 14 min ago
Mexico's government has invited Canadian Deputy Prime Minister Chrystia Freeland to talks in Mexico along with U.S. officials, a senior Mexican official said on Monday, as a final agreement on a new North American trade deal appeared to draw nearer.
Categories: Business News

Top U.S. officials heading to Mexico in press to finalize USMCA - administration official

Reuters Biz News - 3 hours 14 min ago
U.S. Trade Representative Robert Lighthizer and White House adviser Jared Kushner will head to Mexico on Tuesday to work on final details of the U.S.-Mexico-Canada (USMCA) trade pact, which has yet to be ratified by the U.S. Congress, an administration official said.
Categories: Business News

Former Boeing employee who warned about 737 problems will testify at hearing

Reuters Biz News - 3 hours 17 min ago
A former Boeing Co employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX.
Categories: Business News

UPDATE 1-Former Boeing employee who warned about 737 problems will testify at hearing

Reuters Company News - 3 hours 19 min ago
A former Boeing Co employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX.
Categories: Business News

Bluebird bio, Bristol-Myers' multiple myeloma therapy shows promise in early study

Reuters Company News - 3 hours 19 min ago
Bluebird bio Inc and Bristol-Myers Squibb Co on Monday reported encouraging initial data from an ongoing early-stage study testing their experimental therapy for multiple myeloma in patients who did not respond to prior treatments.
Categories: Business News

UPDATE 1-Lululemon COO to leave for luggage maker Away

Reuters Company News - 3 hours 23 min ago
Canadian athleisure apparel maker Lululemon Athletica Inc's Chief Operating Officer, Stuart Haselden, will leave in January to head privately owned luggage maker Away.
Categories: Business News

Disparity in Tech Jobs, Green Monday Deals, and More News

Wired RSS Feed - 3 hours 28 min ago
Catch up on the most important news from today in two minutes or less.
Categories: Business News

UPDATE 2-Ackman's Pershing Square makes new bet on Agilent Technologies

Reuters Company News - 3 hours 38 min ago
Billionaire investor William Ackman's hedge fund Pershing Square Capital Management said Monday it bought shares in testing equipment company Agilent Technologies Inc, only its second new investment this year as the fund has reported a 51% return.
Categories: Business News

Genworth gets approval to sell Canadian unit stake to Brookfield

Reuters Company News - 3 hours 51 min ago
Canadian regulators have approved the sale of Genworth Financial Inc's majority stake in its Canadian unit to asset manager Brookfield Business Partners , the companies said on Monday.
Categories: Business News

UPDATE 2-Enbridge says Minnesota concludes no additional risk to lake from pipeline

Reuters Company News - 3 hours 52 min ago
Canada's Enbridge Inc said on Monday that a revised environmental statement from the state of Minnesota's commerce department concludes that replacing the aging Line 3 oil pipeline would not introduce risks for Lake Superior in the case of a spill.
Categories: Business News

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