Tag Archives: Business

13Nov/17

Uber OKs SoftBank’s bid to buy stake

The peace deal struck by Uber’s board will allow Softbank to make an investment worth up to $10 billion, according to sources. Fred Katayama reports. Continue reading

12Nov/17

Trump says agrees with U.S. intelligence assessment of Russian meddlin

HANOI, VIETNAM (NOVEMBER 12, 2017) (REUTERS) – U.S. President Donald Trump said on Sunday (November 12) that he agreed with the U.S. intelligence community’s assessment on Russian meddling in last year’s U.S. election. Continue reading

10Nov/17

Mueller probing alleged Flynn plan to deliver cleric to Turkey -WSJ

SAYLORSBURG, PENNSYLVANIA, UNITED STATES (REUTERS) – Special counsel Robert Mueller is investigating whether U.S. President Donald Trump’s first national security adviser, Michael Flynn, was involved in an alleged plan to seize a Muslim cleric and deliver him to Turkey in exchange for millions of dollars, the Wall Street Journal reported on Friday (November 11). Continue reading

10Nov/17

Embattled Uber loses UK workers rights appeal

A British tribunal has upheld a lower body’s decision that Uber drivers are entitled to rights including minimum wage and vacation time. It’s yet another blow to the taxi service as it struggles to survive in its most important European market. Matthew Larotonda reports. Continue reading

08Nov/17

Former Yahoo CEO apologizes for data breach

At a hearing in Washington, D.C.on Wednesday, former Yahoo Chief Executive Marissa Mayer apologized for a pair of massive data breaches at the internet company, blaming Russian agents. Continue reading

08Nov/17

Snapchat owner’s shares plunge

Snap’s shares tumbled after it disappointed with revenue and user growth. But the stock recovered slightly after Snap said China’s Tencent holds 12 pct stake. Roselle Chen reports. Continue reading

08Nov/17

Big U.S. retailers tap brakes on orders

U.S. department stores are ordering less this holiday season to keep their inventory costs down. Roselle Chen reports. Continue reading

06Nov/17

U.S. commerce chief Ross says nothing improper about investments

LONDON, ENGLAND, UNITED KINGDOM (NOVEMBER 6, 2017) (BBC) – U.S. Commerce Secretary Wilbur Ross said, in an interview with the BBC on Monday (November 6), there was nothing improper about his investments in a shipping firm with significant ties to Russian President Vladimir Putin’s inner circle. Continue reading

06Nov/17

Headwinds for climate change conference

A UN-led climate conference in Bonn begins this week with President Trump’s withdrawal from the Paris Climate Agreement potentially an awkward sticking point. Laura Frykberg reports. Continue reading

05Nov/17

Sprint and T-Mobile call off merger after months of talks

Sprint and T-Mobile said on Saturday they have called off merger talks to create a stronger U.S. wireless to rival to market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. Jonah Green reports. Continue reading