Delaware judge says Tesla board must face trial over Musk's mega-pay package
A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a…
Sep 20, 2019 23:29 UTC Business Read More
Facebook suspends tens of thousands of data-scraping apps following its Cambridge Analytica investigation
Facebook has suspended tens of thousands of apps that have in some way mishandled user data as the company faces a range of U.S. investigations and…
Sep 20, 2019 22:45 UTC Business Read More
Nurses in Four States Strike to Push for Better Patient Care
Registered nurses with National Nurses United say current nurse-to-patient ratios do not allow for the best possible care.
Sep 20, 2019 22:26 UTC Business Read More
Despite Trump saying no, Apple’s Mac Pro tariff exemption requests are being approved
Earlier this summer, Apple formally asked the Trump administration for tariff exemptions for its new Mac Pro and some accessories. Trump responded in a tweet…
Sep 20, 2019 22:22 UTC Business Read More
Comment: Hey Google, Fitbit could be up for sale
This has been a busy week for the smartwatch and wearable industry. The history of the "Pixel Watch" was chronicled, and a Google buying Fitbit report...
Sep 20, 2019 22:01 UTC Business Read More
Here's the ingredient that makes Impossible burgers possible
The company touts its plant-based foods, so it may come as a surprise that “no plant is actually touched” in the process of make its famous burger.
Sep 20, 2019 21:28 UTC Business Read More
Mitsubishi Corp. lost as much as $320 million because of rogue trader, company says
A rogue derivatives trader cost a Mitsubishi Corp. subsidiary an estimated $320 million.
Sep 20, 2019 20:15 UTC Business Read More
GM’s Offer of a Lifeline for Lordstown Had a Catch: Lower Pay
When General Motors Co. made a deadline-day offer for a new labor contract to the United Auto Workers last week, it came with a gift. The company was…
Sep 20, 2019 20:10 UTC Business Read More
Price Analysis 20/09: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA
Though Bitcoin's (BTC) price action has largely been lackluster in the past few days, it could change with the launch of Bakkt. Fundstrat Global Advisors…
Sep 20, 2019 19:57 UTC Business Read More
Man infuriates his fiancée with sneaky refrigerator hack
A husband-to-be in England has seemingly angered his future wife with a nifty gadget he installed in their refrigerator to keep her from stealing snacks.
Sep 20, 2019 19:11 UTC Business Read More
GE Stock Rises As Rival Rolls-Royce Sees More Delays Fixing Boeing 787 Engine
Rolls-Royce needs more time to fix Trent 1000 jet engine problems, further holding up plans to get Boeing 787 Dreamliners off the ground. GE stock rose.
Sep 20, 2019 19:06 UTC Business Read More
Dow falls 100 points on losses in shares of Microsoft, Boeing
The Dow Jones Industrial Average is declining Friday afternoon with shares of Microsoft and Boeing seeing the biggest drops for the price-weighted average....
Sep 20, 2019 18:13 UTC Business Read More
The Datadog IPO: Will the Optimism Continue?
Software-as-a-*service* company Datadog (DDOG) made a smashing debut on Wall Street yesterday. After its IPO, DDOG's shares surged 40% in intraday…
Sep 20, 2019 18:12 UTC Business Read More
FDA OKs 'Game-Changer' Oral GLP-1 Agonist for Type 2 Diabetes
Semaglutide is the first oral glucagon-like peptide-1 receptor agonist. Previously, drugs of this class were available only as injectables. The approval is expected…
Sep 20, 2019 17:25 UTC Business Read More
McDermott hires Kirkland & Ellis to advise on restructuring WSJ
McDermott (MDR +33.2%) trims big early gains after WSJ reports the company has hired the Kirkland & Ellis law firm to advise on efforts to restructure its…
Sep 20, 2019 16:55 UTC Business Read More
PG&E Slumps on Creditor Plan to Mostly Wipe Out Shareholders
(Bloomberg) -- PG&E Corp. shares dropped as much as 10% after bondholders and wildfire victims teamed up to offer a competing recovery plan for the…
Sep 20, 2019 16:28 UTC Business Read More
FedEx Teams Up with Google Wing to Test Drone Delivery
FedEx (FDX) has teamed up with Alphabet's (GOOGL) Wing to launch a test program for drone delivery in Virginia next month.
Sep 20, 2019 16:25 UTC Business Read More
Facebook Set on 2020 Launch for Libra, Despite Regulators’ Pushback
David Marcus, the head of Calibra at Facebook, has said that a 2020 launch for Libra remains the company's goal, despite regulators' intense hostility toward th.
Sep 20, 2019 16:19 UTC Business Read More
Buy the Dip in Netflix? Not So Fast
Shares of Netflix (NFLX - Get Report) have been under constant pressure since the company disappointed investors in July with its quarterly results. The recent…
Sep 20, 2019 15:56 UTC Business Read More
Climate change: Offshore wind expands at record low price
A record amount of new offshore wind power has been announced in the UK. The new projects will power more than seven million homes at a…
Sep 20, 2019 15:34 UTC Business Read More
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