Business News

Micron to buy Intel's stake in joint venture IM Flash Technologies

Reuters Biz News - 2 hours 8 min ago
Micron Technology Inc said on Thursday it planned to take full control of IM Flash Technologies joint venture with Intel Corp .
Categories: Business News

Signal Search: Cellphone Service After Major Hurricanes

WSJ Company News feed - 2 hours 22 min ago
Persistent cellular site outages after Hurricane Michael left many first responders and residents of Panama City, Fla., unable to reach loved ones or those in need of help for several days. Here’s how cellphone service fared after recent major storms that made landfall in the U.S.
Categories: Business News

UPDATE 1-Micron to buy Intel's stake in joint venture IM Flash Technologies

Reuters Company News - 2 hours 23 min ago
Micron Technology Inc said on Thursday it planned to take full control of IM Flash Technologies joint venture with Intel Corp.
Categories: Business News

Goldman Sachs joins growing band of businesses snubbing Saudi conference

Reuters Biz News - 2 hours 35 min ago
Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi.
Categories: Business News

Wall St. slides as Saudi Arabia, Italy add to economic concerns

Reuters Biz News - 2 hours 36 min ago
U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors' appetite for risk amid global trade tensions and rising interest rates.
Categories: Business News

Amazon to open Manchester office as it adds 1,000 British jobs

Reuters Biz News - 2 hours 40 min ago
Amazon.com is opening its first office in Manchester, northern England, and expanding two other centers to house 1,000 new R&D roles in what it said was a major new investment in British innovation.
Categories: Business News

UPDATE 2-Goldman Sachs joins growing band of businesses snubbing Saudi conference

Reuters Company News - 2 hours 42 min ago
Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi.
Categories: Business News

E*Trade board: No plans to initiate a sale

Reuters Company News - 2 hours 43 min ago
The board of online discount brokerage E*Trade does not plan to put the business up for sale, Chairman Rodger Lawson told analysts on a call to discuss the company's earnings Thursday.
Categories: Business News

PayPal quarterly profit beats estimates, shares rise

Reuters Biz News - 2 hours 43 min ago
PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts' estimates as the company signed up more new customers and volume of payments processed rose.
Categories: Business News

AIG sees third-quarter catastrophe losses of $1.5 billion-$1.7 billion

Reuters Biz News - 2 hours 57 min ago
Insurer American International Group Inc said on Thursday it expects third-quarter pre-tax catastrophe losses, net of reinsurance, of between $1.5 billion and $1.7 billion.
Categories: Business News

UPDATE 1-AIG sees third-quarter catastrophe losses of $1.5 bln-$1.7 bln

Reuters Company News - 2 hours 59 min ago
Insurer American International Group Inc said on Thursday it expects third-quarter pre-tax catastrophe losses, net of reinsurance, of between $1.5 billion and $1.7 billion.
Categories: Business News

UPDATE 1-Brazil central bank chief set to leave post by year-end -Bloomberg

Reuters Company News - 3 hours 4 min ago
Brazil's central bank chief Ilan Goldfajn is preparing to step down by the end of the year, Bloomberg reported on Thursday, depriving the country's incoming president of a widely respected steward of the economy.
Categories: Business News

Internet provider groups sue Vermont over net neutrality law

Reuters Biz News - 3 hours 9 min ago
Five industry groups representing major internet providers and cable companies filed suit on Thursday seeking to block a Vermont law barring companies that do not abide by net neutrality rules from receiving state contracts.
Categories: Business News

Amazon to open Manchester office as it adds 1,000 British jobs

Reuters Company News - 3 hours 12 min ago
Amazon.com is opening its first office in Manchester, northern England, and expanding two other centres to house 1,000 new R&D roles in what it said was a major new investment in British innovation.
Categories: Business News

PayPal quarterly profit beats estimates, shares rise

Reuters Company News - 3 hours 13 min ago
PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts' estimates as the company signed up more new customers and volume of payments processed grew.
Categories: Business News

UPDATE 9-Trump says it looks like Saudi journalist Khashoggi is dead

Reuters Company News - 3 hours 21 min ago
* U.S. top diplomat Pompeo meets with Trump at White House (Adds Trump quotes to New York Times)
Categories: Business News

Morgan Stanley's brokerage sweetens retirement bonuses for top brokers

Reuters Company News - 3 hours 23 min ago
The largest U.S. brokerage by sales force Morgan Stanley told its top brokers on Thursday that if they commit to handing off their clients to another broker at the firm when they retire, they can score bigger retirement bonuses.
Categories: Business News

UPDATE 1-MOVES-Deutsche Bank hires software banker from Mizuho

Reuters Company News - 3 hours 23 min ago
Deutsche Bank AG said on Thursday it has hired Matthew Upton, an investment banker at Japan's Mizuho Financial Group, to focus on software deals.
Categories: Business News

AIG sees third-quarter catastrophe losses of $1.5 bln-$1.7 bln

Reuters Company News - 3 hours 23 min ago
Insurer American International Group Inc said on Thursday it expects third-quarter pre-tax catastrophe losses, net of reinsurance, of between $1.5 billion and $1.7 billion.
Categories: Business News

UPDATE 2-Internet provider groups sue Vermont over net neutrality law

Reuters Company News - 3 hours 24 min ago
Five industry groups representing major internet providers and cable companies filed suit on Thursday seeking to block a Vermont law barring companies that do not abide by net neutrality rules from receiving state contracts.
Categories: Business News

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