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6 months 1 week ago

Exclusive: GM's Cadillac will introduce EV in fight against Tesla - sources

Cadillac is expected to become General Motors Co's lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc , two people briefed on the matter said Thursday.

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6 months 1 week ago

Alphabet board sued on allegations of sexual misconduct cover-up

Two shareholder lawsuits filed this week accused the board of Google parent Alphabet Inc of playing a direct role in covering up sexual misconduct claims against two former executives over the last five years.

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6 months 1 week ago

J&J raises U.S. prices on around two dozen drugs

Johnson & Johnson raised U.S. prices on around two dozen prescription drugs on Thursday, including the psoriasis treatment Stelara, prostate cancer drug Zytiga and blood thinner Xarelto, all among its top-selling products.

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6 months 1 week ago

Chinese official 'most likely' to visit in January for trade talks: U.S. Treasury Secretary

U.s. Treasury Secretary Steven Mnuchin said on Thursday that Chinese Vice Premier Liu He will "most likely" visit Washington later in January for trade talks.

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6 months 1 week ago

Ford's ride-share service Chariot to shut operations by March-end

Ford Motor Co's ride-share service Chariot is ceasing its operations in the United States and the UK by the end of March, Chariot said in a blog post http://bit.ly/2D3DKjL on Thursday.

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6 months 1 week ago

JPMorgan Chase boosting employee bonus pool 3 percent for 2018

JPMorgan Chase & Co is boosting its bonus pool by 3 percent for 2018 after its investment banking division topped charts throughout the year, people familiar with the matter told Reuters on Thursday.

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6 months 1 week ago

Moody's lowers PG&E's credit rating to junk, joins S&P

Moody's on Thursday joined S&P in lowering PG&E Corp's credit rating deeper into junk territory, citing a challenging environment for the California power provider as it faces billions of dollars in liabilities related to wildfires.

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6 months 1 week ago

Brazil approves Boeing-Embraer tie-up with new commitment to keep local jobs

The Brazilian government on Thursday said it would allow a proposed tie-up between planemakers Embraer SA and Boeing Co to go forward, capping weeks of uncertainty in which President Jair Bolsonaro expressed hesitation.

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6 months 1 week ago

U.S., China eye higher-level talks after discussing tech transfer

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6 months 1 week ago

JPMorgan Chase to increase employee bonus pool 3 percent: sources

JPMorgan Chase & Co will increase the pool for employee bonuses by 3 percent overall for 2018, according to sources familiar with the matter.

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