OKFALLSDAILYNEWS.COM: Latest News 20:36, 05/15/2019

GE power unit faces three-year turnaround despite orders report

General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's cash flow margins for at...

GE power unit faces three-year turnaround despite orders report

Source: reuters.com

UPDATE 2-GE power unit faces three-year turnaround despite orders report General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's cash flow margins for at least three years, the compan...
19:24, 05/15/2019

MLB power rankings: With stunning turnaround, Nationals are a real force in the NL Hope looked lost for the Nationals two months ago, but their surge has them in a wild-card spot coming out of the All-Star break.       ...
15:00, 07/15/2019

Shorter Turnaround Time For Service Crucial For Two-Wheeler Customer Satisfaction: J.D. Power The new-age Indian two-wheeler customer is looking at a faster turnaround time during service that will improve the over satisfaction levels, a study by J.D. Power concludes. 2019 J.D. Power......
15:24, 08/02/2019

GE says it needs time for power-plant unit to recover General Electric Co tamped down enthusiasm about a quick recovery in its power-plant unit on Wednesday, and an analyst said the company was not "telling the whole story" about purported market-share g...
00:36, 05/16/2019

Damaged Sub Has Nuclear Power Unit, but It’s Intact, Russia Says President Vladimir V. Putin said that the submersible, described as a secret research vessel, was nuclear-powered. But the government was still withholding details....
16:36, 07/04/2019

Norris to start German GP from 19th place after power unit changes Lando Norris will start from 19th position in the German Grand Prix after the McLaren Formula 1 driver changed power unit components following battery problems in qualifying...
13:24, 07/28/2019

GE's power unit will be 'significantly' cash flow negative this year: CFO General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that business' cash flow margins for at least three years, the com...
17:36, 05/15/2019

Equinor's power and gas trading unit expands to the United States Danske Commodities, a power and gas trading firm owned by oil major Equinor, has expanded its operations to the United States, completing its first trade on the PJM wholesale power market, it said on ...
10:48, 08/08/2019

Honda makes tactical decision to break Kvyat power unit seals Honda has made the tactical decision to break the seal on Daniil Kvyat's new MGU-H and turbocharger despite having no intention to change either Formula 1 engine component...
01:12, 06/22/2019

Court orders ex-Belgian king to give DNA or faces fines BRUSSELS (AP) — A Belgian appeals court has ruled that King Albert II, the country’s former monarch, must pay 5,000 euros ($5,593) for each day that he refuses to provide DNA in a case brought b...
16:12, 05/16/2019

GE poised for significant power orders in Iraq after U.S. push -sources General Electric Co potentially stands to win a large share of multibillion-dollar contracts to rebuild Iraq's electricity system, reflecting a change in how Iraq intends to award the work after the ...
23:36, 06/14/2019

GE books more power plant orders, beats Mitsubishi, Siemens - sources General Electric Co won the most orders in the sharply contracting market for new gas-fired power plants in the first quarter, according to people familiar with the matter....
20:48, 05/14/2019

GE books more power plant orders, beats Mitsubishi, Siemens: sources General Electric Co won the most orders in the sharply contracting market for new gas-fired power plants in the first quarter, according to people familiar with the matter....
20:36, 05/14/2019

North Korea's Kim orders stronger strike power; U.S. seizes cargo ship The leader of North Korea ordered its military to boost its strike capability as he directed another missile firing, state media said on Friday, as tensions grew over tests that appeared to show prepa...
07:24, 05/10/2019

Cummins Makes Offer For Volkswagen's MAN Engines Unit: Report United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its......
12:24, 07/20/2019

Cummins makes offer for VW's large engines unit, report says Volkswagen is reviewing all options for its MAN Energy Solutions business as part of its restructuring and has engaged in talks with other potential bidders, according to Reuters. ...
21:12, 07/19/2019

Report says Huawei's HiSilicon unit will unveil a new Kirin chipset tomorrow Even though it appeared that Huawei was self-reliant when it came to the chips used on his high-end phones, that was not the case. Sure, its HiSilicon unit designed these critical components, but it d...
03:24, 05/29/2019

Anil Ambani In Talks To Sell Radio Unit For Rs 1,200 Crore: Report The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent.....
15:48, 05/27/2019

Apple in Advanced Talks to Buy Intel's Smartphone-Modem Chip Unit: Report Apple is in advanced talks to buy Intel's smartphone modem chip unit, a move that would help the iPhone maker control a key component, the Wall Street Journal reported on Monday....
08:36, 07/23/2019

Vitol faces possible $6 million fine for U.S. power market manipulation Global energy trader Vitol faces a possible fine of $6 million from a U.S. energy regulator for alleged manipulation in California's power market, an order from the regulator showed....
14:36, 07/11/2019

Tsipras faces fight to stay in power after EU elections mauling Greek PM ‘ready for battle’ after calling snap elections, but centre-right opponents are making groundFour days after announcing snap elections, the Greek prime minister Alexis Tsipras faces an uphill...
06:24, 05/31/2019

Explainer: Why Zimbabwe faces worst power cuts in three years Zimbabwe is experiencing its worst power cuts in three years, lasting up to 10 hours daily in some areas and threatening mining output in one of the world's biggest platinum and gold producers....
18:00, 05/16/2019

Huawei denies report that orders to key suppliers cut after U.S. blacklisting Huawei Technologies Co Ltd has cut or canceled orders to major suppliers of components for its smartphones and telecom equipment following its U.S. blacklisting, the Nikkei reported, claims that were ...
08:36, 06/06/2019

Sempra unit failed to analyze natgas leaks at Aliso Canyon before 2015 accident -state report A Sempra Energy subsidiary did not conduct detailed inspections or analyses of leaks at the Aliso Canyon gas storage facility before the major 2015 leak that has cost the utility more than $1 billion,...
21:48, 05/17/2019

The Latest: Judge orders parts of Mueller report unredacted WASHINGTON (AP) — The Latest on former White House national security adviser Michael Flynn (all times local): 6:55 p.m. A federal judge has ordered portions of special counsel Robert Mueller’s r...
01:24, 05/17/2019

Centre Orders Probe Into Jet Over Alleged Fund Mismanagement: Report The centre ordered an investigation on Thursday into alleged mismanagement of funds at Jet Airways, which halted operations in April after running out of cash....
20:00, 07/04/2019

| Pope Francis orders priests and nuns to report sex abuse The Roman Catholic Church's approximately one million clergy must report all suspicions of sexual abuse by church leaders at any and all levels, Pope Francis has ordered....
12:48, 05/10/2019

Report: Huawei Could Get 90 More Days to Buy American Parts to Fill Pre-Blacklist Orders Though U.S. trade sanctions are still in effect, Huawei Technologies will have an additional 90 days to buy from American companies so it can wrap up work with existing customers, according to a Reute...
20:24, 08/17/2019

Donald Trump Orders Immigration Sweep Targeting 2,000 Families: Report US President Donald Trump has ordered border agents to begin a mass roundup as early as Sunday of some 2,000 migrant families that have received deportation orders, US media reported Friday....
06:12, 06/22/2019

AOC aide faces Fed investigation amid resignation: report The controversial chief of staff for Rep. Alexandria Ocasio-Cortez, D-N.Y., who resigned on Friday is currently being investigated by federal officials, a new report says....
03:36, 08/05/2019

The US government faces a potential default in September, report says AP Photo/Alex Brandon A Washington think tank and advocacy group estimates that lower than expected tax revenues mean there is a "significant risk" that the federal government will run out of borrowi...
13:00, 07/09/2019

Daimler faces up to $1.1B fine for diesel cheating, report says The German motor vehicle authority discovered cheating software fitted to Mercedes C- and E-class models and ordered a recall of 280,000 vehicles, Der Spiegel said. A fine of up to 5,000 euros ($5,608...
20:24, 08/09/2019

Pakistan's Ahmadi community faces growing discrimination, report says Pakistan's Ahmadi community faces growing institutionalized discrimination fanned by last year's election campaign by Prime Minister Imran Khan, the minority movement said in a report issued on Monday...
13:00, 05/06/2019

Preliminary report shows likely cause of NYC power outage Con Edison blamed their relay protection system Monday for the weekend power outage in New York City, saying the system didn't operate as designed, according to preliminary findings from the company....
04:24, 07/16/2019

UK faces food, fuel and drugs shortages in no-deal Brexit - report A no-deal Brexit could lead to shortages of food, fuel and medicine, as well as a hard border on the island of Ireland, according to leaked official government documents published in the Sunday T...
05:48, 08/18/2019

Adani faces prosecution over allegedly false information in annual report Queensland department of environment to allege that document contained false and misleading information about land disturbancesThe Queensland government has started prosecution proceedings in relation...
13:00, 07/16/2019

Texas mom who blamed son, 3, with 6-week-old’s death faces murder charge: report A Texas mother who had told authorities that her 3-year-old son was responsible for injuries that led to her 6-week-old daughter’s death now faces a capital murder charge, a report said....
09:48, 04/29/2019

'He's not welcome here': Trump faces backlash over Ohio and Texas visits – video report Donald Trump will receive a frosty reception when he arrives in El Paso, Texas, and Dayton, Ohio, on Wednesday afternoon, three days after the cities were struck by mass shootings. A gunman who invoke...
00:48, 08/09/2019

Cybersecurity report: Hackers targeting U.S. power grid A group of hackers has targeted the U.S. power grid over the past several months but has so far been unable to trigger any outages or other incidents, a cybersecurity firm said in an analysis Friday....
04:48, 06/15/2019

Judge Orders Baton Rouge to Release Psych Report of Cop Who Killed Alton Sterling Amid Reports of Abuse, Unprofessional Behavior Days after Baton Rouge Police Chief Murphy Paul admitted that Blane Salamoni, the police officer who shot and killed Alton Sterling in 2016, should never have been hired, a Louisiana judge has ordered...
06:00, 08/08/2019

Bangladesh's Power Plants Put Sunderbans On "Sites In Danger": Report The official advisory organisation on natural World Heritage has recommended putting the Sundarbans on a list of natural sites in danger as Bangladesh has continued implementing a coal-fired power......
12:36, 06/15/2019

New Power Projects May Get Investment-Linked Deductions In Budget: Report The power sector, which got a 10-year tax holiday till March 31, 2017, under the provision of an earlier Section 80-IA (profit linked incentive), was not included under the investment-linked tax......
17:36, 06/17/2019

How Trump Is Using the Mueller Report to Reshape Washington’s Balance of Power As President Donald Trump walked out of the South Portico of the White House on April 26, a reporter asked him if he had ordered the firing of special counsel Robert Mueller nearly two years ago. In t...
13:00, 05/02/2019

Russia warns of “cyberwar” following report the US attacked its power grid Enlarge / Zapadnaya in the Moscow region. (credit: Vladimir Fedorenko / Владимир Федоренко) The Kremlin on Monday warned that reported US digital incursions into Russia's electric power grid could ...
00:36, 06/18/2019

Jobs report shows labor market solid as economy faces new trade threats July's employment report shows the labor market remains solid, while business investment has turned more cautious due to tariffs and trade friction....
20:12, 08/02/2019

Former UCLA gynecologist faces sexual battery charge as school launches probe: report A former staff gynecologist who worked at the University of California Los Angeles turned himself into authorities Monday after being charged with sexual battery and exploitation in connection with th...
09:48, 06/11/2019

Businessman featured in Mueller report faces child porn charge after arrest at JFK airport Lebanese-American businessman George Nader, 60, was arrested Monday morning at John F. Kennedy International Airport in New York.        ...
09:00, 06/04/2019

Centre May Rollout Smart Meters To Revive Power Distributors: Report India is considering a plan to install smart meters in every home and business as part of its ongoing effort to turn around the country's ailing power sector, according to officials with knowledge of....
14:48, 06/28/2019

Samsung Galaxy Note 10 to Keep Physical Volume, Power Buttons: Report In a last minute rejig, it seems as if the Galaxy Note 10 won't be losing its physical power and volume buttons. Bixby button is going for sure, though....
12:48, 06/21/2019

Colorado hospital faces lawsuit from dozens of patients over 'severe infections' causing at least 1 death: report 67 patients have sued Porter Adventist Hospital over their sterlilization processes, a year after the hospital said a breach occured involving surgical instruments that may have put patients at risk f...
23:48, 06/16/2019

Watch: Attorney General Barr faces grilling from Senate Dems about his handling of Mueller's report Hours before Barr's testimony, news outlets reported that Mueller complained about Barr's initial summary of Russia report's conclusions....
17:12, 05/01/2019

Soccer: Swiss attorney general faces disciplinary steps over soccer probe - report The watchdog overseeing Swiss federal prosecutors has requested an independent disciplinary investigation into Attorney General Michael Lauber over private meetings with the head of the global soccer ...
14:48, 05/10/2019

Welcome to Turnaround Tuesday “Turnaround Tuesday,” when stocks rebound from Monday selloffs sparked by bad news over the weekend, is a part of market folklore. But the phenomenon is backed by unusually strong evidence....
19:12, 08/06/2019

For J.C. Penney CEO, debt haunts turnaround bid J.C. Penney Co Inc’s stock has plunged more than 70% over the past year and now trades under $1. Its first-quarter financial loss nearly doubled to $154 million. ...
13:12, 08/06/2019

| England's turnaround an example to the Netherlands: Koeman England's transformation from perennial flop to World Cup semi-finalists helped inspire a similar upturn in the Netherlands fortunes says Ronald Koeman....
22:24, 06/05/2019

No Turnaround in Sight for China Car Sales Chinese auto sales fell for the 12th straight month in June and inflation was soft, adding to evidence of weakening consumer demand as the country’s economy continues to flag....
19:12, 07/10/2019

AutoCanada looks to sell 4 U.S. stores, rebrands under turnaround AutoCanada has rebranded its nine U.S. locations as the Leader Automotive Group under a turnaround plan that includes selling underperforming stores, Canada's lone publicly traded dealership group sai...
20:24, 08/09/2019

Islanders optimistic after turnaround despite playoff exit Despite getting swept in the Eastern Conference semifinals, the New York Islanders know they made big strides in their turnaround first season under president and general manager Lou Lamoriello and co...
04:00, 05/07/2019

Argentina women will cap amazing turnaround at World Cup When Argentina play at the women’s World Cup in France next month they will cap one of the most remarkable journeys in sport, from a team that did not exist two years ago to one competing on the bigge...
01:48, 05/28/2019

China Exports Stage Surprising Turnaround Chinese exports rebounded in July thanks to increased shipments to Europe and Southeast Asia, but economists expect the turnaround to be short-lived as Beijing and Washington escalate their trade batt...
10:24, 08/08/2019

J.C. Penney hires former Shopko executive to aid turnaround J.C. Penney Co Inc has hired a former Shopko Stores senior executive, the retailer said on Tuesday, as it hopes to resurrect itself despite stiff competition from online and discount retailers....
01:24, 07/31/2019

M&S sacks fashion boss with CEO to lead turnaround Marks & Spencer (M&S) says its clothing boss Jill McDonald is "leaving the business", declaring the transformation of its fashion fortunes must now "move on at pace"....
17:24, 07/11/2019

ABB shares jump as new CEO raises turnaround hopes ABB shares jumped almost 4% in early Monday trading as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment firm Sandvik to be its next chief...
11:27, 08/12/2019

| Bavuma, Nkwe delighted by Lions turnaround Highveld Lions captain Temba Bavuma and coach Enoch Nkwe have hailed their excellent season as one to remember after they clinched a domestic double....
19:24, 05/06/2019

Fallout 76 updates promise turnaround after “well-deserved criticism” LOS ANGELES—After what Bethesda's Todd Howard admitted on stage was some "well-deserved criticism" at the launch of Fallout 76, Bethesda rolled out the first phase of its turnaround plan for the game ...
10:36, 06/10/2019

Ricciardo: Renault's French GP F1 turnaround plan has substance Daniel Ricciardo says there is "some substance" to the Renault Formula 1 team's optimism that it can make a big step forward with its French Grand Prix update...
19:12, 06/05/2019

Jaguar Land Rover's Turnaround Ends in China Britain’s Jaguar Land Rover, a unit of Tata Motors of India, had an ambitious expansion planned in China—until consumers there pulled back on big-ticket purchases....
16:36, 06/05/2019

Stobart picks turnaround veteran Shearer as new chair A corporate turnaround veteran will next week be unveiled as the new chairman of Stobart Group, the FTSE-250 conglomerate, as it seeks to draw a line under more than a year of boardroom warfare....
15:48, 05/11/2019

Malaysia Airlines says 737 MAX jet deliveries may be delayed, eyes turnaround Malaysia Airlines is looking at its order for 25 Boeing Co 737 MAX jets "very carefully" in light of the global grounding and plans for the first delivery in July 2020 could be delayed, the carrier's ...
15:00, 06/03/2019

AutoCanada rebrands U.S. stores, looks to sell 4 as part of turnaround AutoCanada has rebranded its nine U.S. locations as the Leader Automotive Group under a turnaround plan that includes selling underperforming stores, Canada's lone publicly traded dealership group sai...
20:48, 08/09/2019

Macy's Turnaround Hits Harsh Retail Reality Macy’s lowered its full-year earnings outlook after missing profit expectations in the latest quarter, even though it reported growth in a key sales metric....
06:36, 08/15/2019

What Yankees’ Gary Sanchez credits for his All-Star turnaround LONDON — Gary Sanchez said hard work is what made him the AL’s starting All-Star catcher this season after the nightmare that was 2018. “It shows the results of the hard work I put in last season and ...
11:00, 06/29/2019

GM brake supplier Akebono to receive $185M for turnaround The money will come through the issue of new shares to a corporate turnaround fund as the company prepares to book a $72 million special loss for quality-related issues....
16:36, 07/18/2019

Yahoo owner's turnaround plan: Build a 'super-app' Six months ago, Verizon declared that its media brands were virtually worthless. Now it's trying to reinvent the business under a new name, with a plan to turn readers into online shoppers....
09:48, 06/25/2019

Cramer Remix: Now is your chance to buy into this miraculous turnaround story Jim Cramer explains why he thinks now is the time to invest in Dine Brands, even as the parent company of IHOP and Applebee's faces tougher year-over-year comparisons....
08:24, 07/17/2019

Trump turnaround on Mueller testimony angers Democrats WASHINGTON (AP) — President Donald Trump’s turnabout on whether the special counsel should appear before Congress has sparked criticism from Democratic lawmakers. They are eager to question the ...
11:24, 05/06/2019

Lee Bowyer deserves more credit than most for Charlton Athletic's turnaround On the subject of returning to a former club as manager, who could have predicted Lee Bowyer would do quite so well at Charlton Athletic? As a player, he always had a reputation as a bit of a rebel, s...
09:48, 05/26/2019

Ferrari expects "quick" F1 turnaround once 2019 car mystery solved Ferrari expects to be able to address its Formula 1 car's weaknesses "quickly" once it solves the mystery behind the problems that have been "emphasised" in its latest defeat...
12:36, 05/16/2019

Hard-hitting youngster Michael Chavis keying Red Sox’ turnaround The already young Red Sox core may have found another member. Meet Michael Chavis, the power-hitting infielder who has turned heads and helped Boston overcome a shaky start since getting called up Apr...
23:36, 05/17/2019

INS Kochi Enters Seychelles' Port Victoria For Operational Turnaround INS Kochi, an indigenous stealth Destroyer, operating in Southern Indian Ocean Region, entered the port of Victoria in Seychelles on Thursday for an Operational Turnaround....
09:12, 06/28/2019

| Nadal hoping for clay turnaround after Madrid semi exit Rafael Nadal heads into the final fortnight of the countdown to the French Open facing uncertainty after crashing out in his bid for a sixth title at the Madrid Open....
17:24, 05/12/2019

Jefferies upgrades Deere, sees a major farming turnaround Deere's stock could grow even more as better balance in the global crop and livestock markets drive an equipment replacement, according to Jefferies....
01:36, 06/25/2019

Ford Workers Question Auto Maker's Path to Turnaround More of the auto maker's workers are feeling unsure about its strategy and looking for clearer communication from the company’s leadership team, according to employee-survey results....
01:00, 04/30/2019

Bonnaroo is back: In dramatic turnaround, 2019 festival to sell out With 80,000 attendees, it'll be Bonnaroo's first sellout since 2013, when Beatles great Paul McCartney headlined.        ...
18:00, 06/10/2019

Divock Origi signs Liverpool contract to complete turnaround • Liverpool were open to offers last summer and in January• Vital goals helped to earn striker new deal from Jürgen KloppLiverpool’s Champions League hero Divock Origi has ended doubts over his future...
00:00, 07/11/2019

Draymond Green predicts easy fix and turnaround for Warriors against Rockets Golden State has lost its rhythm and momentum against Houston, but Draymond Green doesn't think it will be a problem to turn things around back home.        ...
09:12, 05/07/2019

Doubts over Deutsche Bank turnaround plan dent shaky shares Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Ge...
18:00, 07/09/2019

Airbus Vows to Fight Boeing for a Massive Jet Order That Could Mark the 737 Max’s Turnaround Airbus vowed to contend for a mammoth narrow-body order that its chief rival Boeing announced in stunning fashion at the Paris Air Show. Speaking at a final press conference from Le Bourget airfield o...
15:48, 06/20/2019

Rice Energy founder says EQT's turnaround dependent on his board takeover plan The founder of Rice Energy, the U.S. natural gas producer acquired by larger peer EQT Corp for $6.7 billion in 2017, told Reuters on Tuesday that only by giving him control of the EQT board would the ...
05:24, 06/12/2019

Symantec's CEO exit seen denting turnaround plan sends stock tumbling Symantec Corp faces an uphill battle to turn around its business and win investor confidence, analysts said on Friday, after Chief Executive Officer Greg Clark became the fifth top executive in six mo...
21:48, 05/10/2019

J.C. Penney quarterly loss halves, sales still fall amid turnaround J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Thursday, as the department store operator's efforts to cut costs and shutter unprofitable businesses paid off, sending shares of...
20:36, 08/15/2019

UPDATE 3-J.C. Penney quarterly loss halves, sales still fall amid turnaround J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Thursday, as the department store operator's efforts to cut costs and shutter unprofitable businesses paid off, sending shares of ...
17:48, 08/15/2019

Brazil pension reform can be saved with 100 billion reais turnaround: Economy Minister The Brazilian government's plans to overhaul its pension system can still be saved if lawmakers reverse changes to transition rules and concessions to legislative aides, Economy Minister Paulo Guedes ...
19:24, 06/17/2019

Prepare For the End of Game of Thrones With This Killer Music Video For SZA and the Weeknd's 'Power Is Power' The only thing Game of Thrones’ last season was lacking was, let’s be real, a great tie-in album, and now it’s got one. For the Throne, out now, is an album full of songs inspired by Game of Thrones, ...
00:36, 05/06/2019

Opinion: Blues complete amazing turnaround by beating Sharks to reach Stanley Cup Final The St. Louis Blues, who were last in the NHL on Jan. 2, beat the San Jose Sharks and will face the Boston Bruins in the Stanley Cup Final.        ...
13:24, 05/22/2019

‘Power is not given, power is taken’, UN chief tells women activists, urging push-back against status quo After hearing from many of the world’s top women politicians on Tuesday in a session on “Women in Power”, Secretary-General António Guterres, held a Town Hall meeting for civil society activists where...
21:48, 04/28/2019

Apple's surprise defeat in the Supreme Court is bad news for Tim Cook's turnaround plan (AAPL, SPOT) Yves Herman/Reuters Apple's loss at the Supreme Court could ultimately hobble its services business. The court ruled that a case over the fees Apple charges on app sales could go forward, a move that...
01:00, 05/14/2019

Fantasy Baseball Stock Watch: Turnaround strategies; Ryu, Odorizzi and Bryant lead risers & fallers With the season already a quarter over, it's time to consider rescue strategies for under-performing teams, plus we rate whose stock is on the way up, and whose is losing value....
03:48, 05/14/2019

This Overseas Power Adapter Includes USB-C Power Delivery Anyone who ever travels overseas or would like to travel overseas should have a universal power adapter at the ready, and in 2019, you should probably go ahead and get one with USB-C....
21:36, 05/30/2019

Hong Kong protests: Thousands gather to demand leader quits despite government turnaround on extradition bill Thousands of activists have gathered in Hong Kong for another day of protests despite a stunning turnaround by the government on a proposed extradition bill....
10:24, 06/16/2019

Marc Gasol's turnaround helps Toronto rebound, roll back to Milwaukee with series tied When the Raptors acquired him at trade deadline, they sacrificed depth for a proven playoff center who can anchor a defense and facilitate offense.        ...
00:48, 05/23/2019

Joel Matip's wonderful Liverpool turnaround has Jurgen Klopp eager to extend his contract at Anfield As the November cold descended on Anfield Sports and Community Centre prior to the first huge week of Liverpool's 2018-19 season, Joel Matip ploughed a lone furrow....
10:36, 06/06/2019

UK power cuts: Generator meltdown sparks travel chaos as mass power outage affects London, south east, midlands and the north west +++ Nearly 1,000,000 people lost power +++ Trains in and out of London hit by cancellations +++ British Transport Police sent to London hubs to help with "disruption" +++ National Grid said issue caus...
13:12, 08/10/2019

UK power cuts latest: Generator meltdown sparks travel chaos as mass power outage affects London, south east, midlands and the north west +++ Nearly 1,000,000 people lost power +++ Trains in and out of London hit by cancellations +++ British Transport Police sent to London hubs to help with "disruption" +++ Issue caused by two generator...
22:00, 08/09/2019

Mauricio Pochettino pays tribute to Tottenham hero Lucas Moura for completing 'difficult' turnaround Mauricio Pochettino hailed unexpected Tottenham hero Lucas Moura after the Brazilian's dramatic second half hat-trick fired Spurs to their first ever Champions League final....
12:36, 05/09/2019

Thyssenkrupp says it still wants to float its elevators unit Thyssenkrupp on Monday said it was sticking to plans to float its elevator business after a media report said the conglomerate was planning to start talks in autumn on selling the unit....
14:24, 07/08/2019

VW aims to raise $2B from truck unit IPO A successful IPO of VW's Traton heavy-trucks unit would generate funds for the automaker's EV push and for Traton's expansion outside of its main European market....
15:00, 06/14/2019

VW Ups Its Investment in Ford's Self-Driving Car Unit Volkswagen has agreed to invest around $2.6 billion in Ford’s autonomous-vehicle partner, Argo AI, in a deal that expands an alliance struck earlier this year and values the startup at $7 billion....
16:48, 07/12/2019

|REMINDER:WhattheNugentcommissionsaidabouttheSARS'rogue'unit Public Protector Busisiwe Mkhwebane has ruled that the established of an investigative unit within the SA Revenue Service in 2007 was unlawful. Fin24 considers what the Nugent commission of inquiry pr...
21:12, 07/05/2019

Huawei Unit Cuts More Than 600 Jobs Following US Sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68....
22:00, 07/23/2019

AT&T Cuts Ad Sales Staff at WarnerMedia Unit AT&T’s WarnerMedia began making significant job cuts in its ad sales division, as it continues to reshape the businesses it bought in as part of the Time Warner Inc. deal last year....
06:12, 07/11/2019

CVC Nears Deal to Buy Packaging Unit From Bosch German engineering group Robert Bosch is in advanced talks to sell its packaging-technology division to global buyout firm CVC Capital Partners in a deal that could value the business at up to $959 mi...
15:36, 07/04/2019

Mitsubishi to Acquire Bombardier's Regional Jet Unit Mitsubishi said it would acquire Bombardier’s regional-jet business for $550 million in a transaction that puts the companies on different paths in the aviation sector....
19:48, 06/25/2019

Former Baltimore officer in corrupt unit goes to prison BALTIMORE (AP) — A former Baltimore police officer accused of committing crimes as part of a corrupt department unit has been sentenced to prison. The Baltimore Sun reports that U.S. D...
01:48, 05/29/2019

Swiss Re plans $4.5 billion IPO for UK unit to help expansion Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its...
12:48, 06/07/2019

| Huawei unit cuts more than 600 jobs following US sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68 ...
13:48, 07/27/2019

CK Hutchison moves European towers into new unit Three’s parent company CK Hutchison is to spin off its mobile tower assets into a subsidiary, hoping the separation will drive cost savings across its European networks.Earlier this year the Ho...
13:36, 08/05/2019

SoftBank Unit Yet to Conquer Internet of Things Arm Holdings’s software business posted $191 million in sales for the past fiscal year, a sliver of the $2 billion revenue goal set for itself by 2025....
14:24, 07/08/2019

Samsung to foster neural processing unit Samsung has designed a neural processing unit as the core technology in artificial intelligence and will hire 2,000 people in the area by 2030 as part of its goal to lead in logic chip businesses....
05:48, 06/18/2019

ADM to cut nearly 130 jobs in France at animal feed unit Neovia Archer Daniels Midland Company plans to cut 127 staff at its recently acquired Neovia animal feed business in France to eradicate job duplication, a spokesman for the company said on Tuesday....
13:00, 06/18/2019

Thyssenkrupp to IPO elevator unit, scraps corporate split Thyssenkrupp on Friday scrapped plans to break into two parts in favor of a listing of its prized elevator unit, responding to a massive decline in its share price since the breakup plans were unveile...
12:36, 05/10/2019

Australia to create new Pacific military unit in bid to woo the region Australia will create a new military unit dedicated to training and assisting Pacific allies, Defence Minister Linda Reynolds said on Tuesday, as Canberra accelerates plans to undercut Chinese influen...
09:24, 07/23/2019

GM's self-driving unit is close to receiving a $2.25 billion boost It took more than a year, but GM's self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CF...
13:24, 07/07/2019

JD.com may list logistics unit in future but no plan currently: exec Chinese e-commerce giant JD.com Inc may list its logistics unit in the future but it currently has no clear plan, a senior company executive said on Monday....
21:12, 06/17/2019

Carnival, Under Court Order, Gives Compliance Unit More Independence Cruise-ship operator Carnival Corp., which agreed to strengthen its compliance function after admitting to dumping plastic waste in the ocean, is expected to appoint a compliance chief soon....
15:48, 07/08/2019

Australian regulator to get unit specializing in tech companies Australia's antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms proposed by the go...
04:00, 07/26/2019

JD.com may list logistics unit in future but no plan currently-exec Chinese e-commerce giant JD.com Inc may list its logistics unit in the future but it currently has no clear plan, a senior company executive said on Monday....
11:48, 06/17/2019

Australian regulator to get unit specialising in tech companies Australia's antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms proposed by the go...
04:36, 07/26/2019

Colfax nears deal to sell air and gas unit to KPS -sources Welding and valves manufacturer Colfax Corp is nearing a deal to sell its air and gas handling division to private equity firm KPS Capital Partners for more than $1.8 billion, people familiar with the...
02:48, 05/13/2019

Ricciardo's failed engine was an older Renault unit Daniel Ricciardo says the Renault engine which expired in Formula 1 British Grand Prix FP2 was a high-mileage, older-spec unit which was reserved solely for Friday running...
21:00, 07/12/2019

Novartis CEO pledges not to sell Sandoz generics unit Novartis Chief Executive Vas Narasimhan pledged in an interview published on Saturday not to sell the Swiss drugmaker's generics unit Sandoz amid a revamp that has prompted speculation he is preparin...
11:48, 07/27/2019

| WATCH: Huawei laying off majority of US unit - source FutureWei Technologies, the US research arm of China’s Huawei, began laying off workers on Monday, according to employees including one who spoke to Reuters as he left the company’s Silicon Valley cam...
13:48, 07/27/2019

Scientist Dream of a Future Where Your AC Unit Sucks Carbon Out of the Sky Air conditioners require lots of energy to run, meaning they result in lots of greenhouse gas emissions. But maybe they don’t have to? In a recently published Nature paper, researchers with the Instit...
07:00, 05/07/2019

JPMorgan Chase's Profit Boosted by Consumer Unit JPMorgan Chase’s second-quarter profit rose 16%, with the strong performance of its consumer businesses offsetting a slowdown across its other operations....
18:00, 07/16/2019

FedEx Profits Pressured by Express Unit's Woes FedEx said profits were squeezed in its most recent quarter as a global slowdown in trade and a shift by customers to slower and cheaper delivery options continued to weigh on the shipping giant’s cor...
12:00, 06/26/2019

Mylan to combine with Pfizer's off-patent medicines unit Mylan NV confirmed on Monday that it would combine with Pfizer Inc's off-patent branded and generic established medicines business to form a global generic drugmaker....
13:48, 07/29/2019

Roche names new head of $13 billion diagnostics unit Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim he...
11:00, 06/11/2019

South African unit of carmaker Ford to add 1,200 jobs The South African unit of Ford Motor Co will hire an additional 1,200 people to staff an extra shift at one of its vehicle assembly plants, increasing production to 720 units per day, it said on Wedne...
13:36, 07/17/2019

AB InBev's Asian Unit Damps IPO Price Expectations Anheuser-Busch InBev’s Asian unit has guided investors to expect its IPO to price in the lower half of a previously indicated range, though that would still make it the world’s largest stock-market de...
12:24, 07/11/2019

China fines UniCredit AG unit $1.5 million for embezzlement China's banking and insurance regulator said on Tuesday it fined an onshore branch of Italy's UniCredit Bank AG 10.3 million yuan ($1.50 million) for embezzlement....
15:24, 07/09/2019

FDA issues recall of J&J unit Ethicon's surgical staplers The U.S. Food and Drug Administration on Friday issued a recall of surgical staplers made by Johnson & Johnson's Ethicon unit, warning that the use of the devices could cause serious injury or death....
17:24, 05/17/2019

Save $20 on This Apple Lightning Dock, If You're Okay With a Refurbished Unit Right now, Amazon will sell you a refurbished Lightning dock for just $19. This first party dock allows your iPhone to sit upright in the dock, charge and sync, and even output audio through a 3.5mm j...
16:36, 04/29/2019

Manulife profit beats on strength in Asia unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest....
02:24, 08/10/2019

Odebrecht unit preparing bankruptcy filing: source Atvos Agroindustrial Participacoes SA, the sugar and ethanol unit of Brazilian conglomerate Obebrecht SA, is preparing to file for bankruptcy protection this week, a person with knowledge of the matte...
17:00, 05/29/2019

GM defense unit gets new leaders, stays quiet on plans GM has remained in stealth mode a year and a half after re-establishing its defense unit. What is known is that the new leadership team will be responsible for launching several hydrogen fuel cell-pow...
12:00, 05/25/2019

Bidders keen on elevator unit -Thyssenkrupp CEO in Spiegel Possible bidders for Thyssenkrupp's elevator division are under pressure to come up with firm offers, the conglomerate's chief executive told German magazine Der Spiegel....
18:48, 08/16/2019

| Eiffel Tower climber 'admitted to psychiatric unit' A man, believed to be Russian, who sparked a mass evacuation of the Eiffel Tower by scaling the iconic Paris landmark has been admitted to a psychiatric unit, legal sources said....
12:12, 05/22/2019

Sony CEO: smartphone unit "necessary" component of hardware business Sony’s smartphone business has been bleeding money for years and investors have consistently called for an exit from the segment. But according to the company’s CEO, Kenichiro Yoshida, the smartphone ...
15:12, 05/22/2019

Cisco's service provider unit will have to wait for 5G boost Concerns about the short-term prospects of Cisco’s service provider business and fears of an ongoing trade dispute between the US and China have led to the company posting a lower than expected...
15:48, 08/15/2019

BS Yediyurappa Approves Rs 480-Crore Aerospace Manufacturing Unit Karnataka Chief Minister BS Yediyurappa has given approval to US-based Goodrich Aerospace Service Pvt Ltd to set up a manufacturing unit with an investment of Rs 480 crore, state industries department...
04:00, 08/04/2019

Railways Gets First Commando Unit, To Guard Routes In Chhattisgarh Railway's commando unit, Commandos for Railway Safety (CORAS), whose first deployment will be in Maoist -hit areas of Chhattisgarh, will have a state-of-the-art facility exclusively for training in......
17:48, 08/14/2019

U.S. Bain Capital to acquire stake in CJ CheilJedang's unit for $320 mln South Korean food giant CJ CheilJedang Corp said on Thursday that U.S. private equity fund Bain Capital had agreed to acquire a 27% stake its U.S. unit CJ Foods America for $320 million....
03:12, 05/23/2019

Budweiser Asia Unit Cracks Open 2019's Biggest IPO The Asia-Pacific unit of Anheuser-Busch InBev is seeking to raise as much as $9.8 billion in what could be the biggest-ever listing of a food or drink company....
09:36, 07/02/2019

‘No steps back’: Jets’ Brant Boyer looking to rebuild his unit When Brant Boyer stepped into his room for the first time this year, he came with a message. “There is no steps back,” he told the Jets’ special-teamers, despite the obvious factors indicating otherwi...
15:12, 06/16/2019

DuPont considers sale of nutrition and biosciences unit - Bloomberg Industrial materials maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter....
02:00, 08/07/2019

Hitachi kicks off sale for chemical unit, first bids due by Aug. 9 -sources Japan's Hitachi Ltd has started the formal process for the sale of its $5.6 billion chemical unit with initial bids due on Aug. 9, people familiar with the matter said, a deal expected to draw interes...
10:24, 07/11/2019

French tussle erupts for control of British Steel unit A division of British Steel, the ailing Scunthorpe-based industrial group, is at the centre of a takeover tussle between two French rivals, days before a deadline for offers for the company....
14:24, 06/28/2019

Air Force Chief's Squadron To Be First Rafale Combat Aircraft Unit The first Rafale is expected to be handed over to the Indian Air Force in September 2019 but it would be required to undergo intensive 1,500 hours of testing to validate the India Specific......
11:12, 05/29/2019

Rep. Duncan Hunter says his unit ‘killed probably hundreds of civilians’ in Iraq The California Republican’s remarks in a podcast interview are his latest eyebrow-raising comments since being charged in 2018 with spending campaign funds on personal expenses....
03:36, 06/04/2019

GM's Driverless-Car Unit Cruise Delays Robot-Taxi Service General Motors’ driverless-car business, Cruise, will delay the roll out of an autonomous ride-hailing service scheduled for late this year, underscoring the difficulty of safely deploying robotic veh...
16:24, 07/24/2019

Lower growth in one key U.S. metric could hurt Apple's most profitable unit As iPhone sales turn sluggish, Apple is counting more and more on the installed base of iPhones for revenue growth. To make this transition from hardware sales to work, Apple has aggressively expanded...
01:00, 05/17/2019

Logistics unit of JD raises 1.5 billion yuan investment fund Chinese e-commerce giant JD.com's logistics division has raised a 1.5 billion yuan ($218 million) fund to invest in companies and technologies specializing in logistics, the company said on Monday....
13:48, 06/24/2019

Bayer to sell chemicals unit Currenta for 3.5 billion euros The sale is part of Bayer's plan to divest from non-strategic ventures, after its purchase of US firm Monsanto. Bayer has been dogged by a wave of lawsuits after the merger, which has sent its shares ...
03:36, 08/07/2019

Australia's Credible Labs to be bought out by Fox Corp unit for $397 million Consumer lender Credible Labs Inc said on Monday that it entered a definitive agreement to be bought out by a unit of Fox Corp, which it says values it at about A$585 million ($397 million)....
02:00, 08/05/2019

Unit at Philadelphia refinery completely destroyed in fire: sources The alkylation unit involved in a massive fire on Friday at Philadelphia Energy Solutions Inc's oil refinery has been completely destroyed, which will hamper the supply of gasoline from the U.S. East ...
07:48, 06/24/2019

AB InBev seeks $9.8 bln for Asia unit in world's largest IPO this year Brewing giant AB InBev is seeking to raise up to $9.8 billion from a Hong Kong listing of its Asia-Pacific business, marking what would be the world's largest initial public offering this year....
10:12, 07/02/2019

Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund....
23:36, 07/12/2019

ArcelorMittal's South Africa unit to face emissions charges ArcelorMittal's South African unit said on Monday it had received a summons instituting criminal proceedings for three charges relating to transgressions of its atmospheric emissions license at its Va...
19:36, 06/03/2019

Australia is creating a unit to scrutinize Facebook and Google’s algorithms Australia is to establish the world’s first dedicated office to police Facebook and Google as part of reforms designed to rein in the U.S. tech giants.Read More...
18:00, 07/26/2019

Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push Chipmaker Broadcom Inc said on Thursday it will buy antivirus software maker Symantec Corp's enterprise security unit for $10.7 billion in cash to scale up its software business through deals....
13:36, 08/09/2019

Cummins makes offer for VW's large engines unit -sources United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its portfo...
18:48, 07/19/2019

Brazil's Itaú Unibanco looks for new niches to expand wholesale unit Brazil's largest private-sector lender Itau Unibanco Holding SA plans to expand its commercial banking unit into business niches such as technology and seek smaller clients in agribusiness, an executi...
15:36, 07/11/2019

China’s Didi Chuxing spins off autonomous driving unit Chinese ride-hailing giant Didi Chuxing has decided to move more aggressively to develop its technology by spinning out its self-driving car unit.Read More...
18:24, 08/05/2019

Rhyme and punishment: Inside the NYPD’s secret, sprawling ‘Rap Unit’ Remy Ma thrilled the hundreds of fans who packed Irving Plaza last year for a concert that featured surprise cameo appearances by more than a half-dozen other New York rappers. The parade of guest sta...
04:36, 05/31/2019

CPUC to consider penalty on Sempra's SoCalGas unit for 2015 leak The California Public Utilities Commission (CPUC) said on Thursday it has opened an investigation to consider penalties against SoCalGas, a unit of Sempra Energy, for a massive, four-month-long gas le...
07:48, 06/28/2019

Cruise, GM's Driverless-Car Unit, Delays Robot-Taxi Service General Motors’ driverless-car business, Cruise, will delay the roll out of an autonomous ride-hailing service scheduled for late this year, underscoring the difficulty of safely deploying robotic veh...
18:48, 07/24/2019

Apple Is Buying Intel's Modem Unit to Control Its 5G Destiny Apple said it is buying the Intel unit that makes smartphone modems. The deal allows the iPhone maker to further customize the components inside its devices....
03:48, 07/26/2019

Siemens unit wins $829 million U.S. defense contract: Pentagon Siemens Government Technologies Inc, a unit of Siemens AG, has been awarded an $829 million contract for energy savings and performance measures at the U.S. naval base in Guantanamo Bay, Cuba, the Pen...
02:48, 07/26/2019

Budweiser Brewer to Sell Australian Unit to Japan's Asahi Anheuser-Busch InBev agreed to sell its Australian unit to Asahi for $11.3 billion, including debt, as it pushes forward with an effort to sell assets and pare debt after pulling an initial public off...
10:12, 07/19/2019

Kellogg to take $35 million pretax hit on North America unit revamp Kellogg said on Tuesday it would take a pretax charge of about $35 million to restructure its North American business following the sale of its popular Keebler biscuits brand and other assets....
16:48, 06/18/2019

Insys to pay $225 mln, unit to plead guilty to settle U.S. opioid charges Insys Therapeutics Inc agreed to pay $225 million and an operating unit agreed to plead guilty to five mail fraud counts to settle criminal and civil probes into its marketing of opioids, the U.S. Dep...
01:12, 06/06/2019

Alibaba reshuffles management, says CFO Wu to oversee strategic investment unit China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will move to oversee the firm's strategic acquisitions and investments unit, as part of a business and managem...
08:36, 06/18/2019

Volkswagen aims to raise 1.9 billion euros from truck unit IPO Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the b...
09:48, 06/14/2019

Army fights fake news with propagandists and hackers in one unit Cyber and intelligence experts unite to battle disinformation as character of warfare changesComputer hackers and propaganda specialists working in the British army are to be placed in a single divisi...
13:48, 08/01/2019

Campbell confirms sale of Australian snacks unit Arnott's to KKR for $2.2 bln Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company wor...
08:36, 08/02/2019

Vehicles, equipment of new U.S. rotational unit arrive in South Korea Vehicles and other equipment of a new rotational U.S. Army unit have arrived in South Korea to replace its predecessor set to complete a nine-month mission here, the Eighth Army said Friday....
15:24, 06/14/2019

Cummins makes offer for VW's large engines unit: sources United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its port...
19:00, 07/19/2019

Israel investigates hydrocarbon leak at Oil Refineries unit Gadiv Israel's Oil Refineries (ORL) said on Monday it had been informed of an investigation by the Ministry of Environmental Protection at its Gadiv Petrochemical Industries unit....
17:48, 05/20/2019

VW to float 10% of truck unit, seeks to raise 1.9 billion euros Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a...
23:36, 06/14/2019

Hori’s Grip Controller Turns The Switch Into An Absolute Unit The Nintendo Switch in handheld mode is essentially a game controller cut in half with a display wedged in the middle. Hori’s Daemon X Machina Grip controller, launching in September in Japan, is a mo...
00:24, 06/14/2019

Walmart to pay $144 mln to settle SEC charge over Brazil unit corruption claim Walmart Inc has agreed to pay a penalty of over $144 million to settle charges by the U.S. markets regulator that its Brazilian unit violated the Foreign Corrupt Practices Act, according to regulatory...
22:00, 06/20/2019

Thyssenkrupp Abandons Planned Split, Pursues Elevator-Unit IPO Germany’s Thyssenkrupp said it would drop a plan agreed late last year to split the steel-to-elevator group into two companies and would instead pursue an initial public offering of its elevator busin...
19:12, 05/10/2019

United Technologies is Said to Near Deal to Merge Aerospace Unit With Raytheon United Technologies is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon and form a new company worth well over $100 billion....
05:48, 06/09/2019

L3 Technologies unit wins $500 million U.S. defense contract -Pentagon L3 Communications Integrated Systems LP, a unit of L3 Technologies Inc, has been awarded a $500 million contract for avionics upgrade for 176 C-130H aircraft operated by the U.S. Air National Guard an...
01:48, 06/05/2019

Alibaba reshuffles management; CFO Wu to oversee strategic investment unit China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management resh...
08:12, 06/18/2019

Ikea doubles down on smart home tech with new business unit Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business uni...
17:36, 08/17/2019

Toronto Officials Question Alphabet Unit's Ambitions for 'Smart City' A unit of Alphabet said its proposed “smart city” in a Toronto neighborhood would create thousands of jobs and cut greenhouse-gas emissions, but met some resistance from the project’s government spons...
04:24, 06/25/2019

Nestle in talks over $10 billion sale of skin health unit to EQT, ADIA Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and Abu Dhabi's ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it sa...
08:36, 05/16/2019

Set Up Fire Services-Like Unit To Prevent Sewer Deaths: Centre To States Aimed at preventing sewer deaths in the country, the Centre has asked all states to set up an emergency response sanitation unit (ERSU) on the lines of fire services....
04:12, 07/17/2019

BJP Parliamentary Party Meet Postponed As Rajasthan Unit Chief Dies A meeting of BJP parliamentary party, which was scheduled today, has been postponed due to the sudden demise of Rajasthan unit party president Madan Lal Saini....
08:00, 06/25/2019

Bombardier says to create single aviation unit, sell non-core assets Canada's Bombardier Inc said on Thursday it would combine its corporate and regional jet units into a single aviation unit and shed more non-core assets by selling off its Belfast and Morocco aerostru...
12:24, 05/02/2019

UPDATE 1-Walmart says it aims to list Japanese supermarket unit Seiyu Walmart aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, the U.S. company said in a statement on Wednesday, amid on-and-off speculation the retail giant...
09:48, 06/26/2019

Global private equity firms to bid for Hitachi's chemical unit: sources Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd's chemical unit, three people familiar with the situation told Re...
10:36, 05/17/2019

Groundbreaking World War II unit of black women honored decades after their service A documentary by a Wisconsin filmmaker shines a spotlight on a little-known groundbreaking all-female African American World War II postal unit.        ...
22:12, 05/26/2019

Microsoft's LinkedIn unit commits to starting to move its services to Azure In 2017, LinkedIn had no plans to move off its own datacenters, in spite of having been purchased by Microsoft a year earlier. But plans have changed and Azure is (unsurprisingly) its new target....
02:36, 07/24/2019

UPDATE 1-Alibaba reshuffles management; CFO Wu to oversee strategic investment unit China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management resh...
08:36, 06/18/2019

Guardian told it was target of Saudi hacking unit after Khashoggi killing Cybersecurity team ordered to access journalists’ email accounts, document suggests The report from Agnes Callamard, the UN special rapporteur, sets out in forensic detail concerns about the behaviour...
16:12, 06/19/2019

Chainalysis, LINE unit BITBOX in anti-money laundering partnership Chainalysis, a start-up specializing in countering money laundering and fraud in the digital currency space, has forged a partnership with BITBOX, a cryptocurrency exchange launched in July 2018, a to...
20:24, 06/20/2019

Global private equity firms to bid for Hitachi's chemical unit - sources Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd's chemical unit, three people familiar with the situation told Re...
07:00, 05/17/2019

Tata Steel to explore all options for European unit after ThyssenKrupp JV falls apart India's Tata Steel Ltd said on Friday it will explore all options for its European steel business after its proposed joint venture with German steel giant ThyssenKrupp AG failed to secure regulatory a...
15:48, 05/10/2019

UPDATE 1-Kellogg to take $35 million pretax hit on North America unit revamp Kellogg Co said on Tuesday it would take a pretax charge of about $35 million to restructure its North American business following the sale of its popular Keebler biscuits brand and other assets....
16:12, 06/18/2019

Kellogg to cut jobs, take $35 million pretax hit on North America unit revamp Kellogg Co said on Tuesday it would cut about 150 jobs and take a $35 million hit to trim its North American operations following the sale of Keebler biscuits and a handful of other brands for $1.3 bi...
17:12, 06/18/2019

SoftBank raises $270 million via Seoul unit for early-stage investments SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion won ($270 million) fund....
11:36, 07/19/2019

Debt-laden AB InBev agrees sale of Australian unit to Asahi Anheuser-Busch InBev, the world's largest brewer, has agreed to sell its Australian operations to Japan's Asahi and is interested in reviving the stalled flotation of its Asian business....
14:36, 07/19/2019

Santander's Mexican unit announces that chairman of board to leave post The chairman of the board of the Mexican unit of Spanish bank Santander, Marcos Martinez Gavica, will leave his position, the bank said in a statement on Thursday....
01:48, 05/03/2019

UPDATE 2-Walmart agrees to pay $282 mln to settle Brazil unit corruption claim Walmart Inc has agreed to pay a total penalty of $282 million to settle charges by the U.S. Justice Department and the Securities & Exchange Commission that its Brazilian unit violated the Foreign Cor...
22:00, 06/20/2019

Kraft Heinz launches sale of baby food unit: sources U.S. packaged food giant Kraft Heinz has launched the sale of its baby food brand Plasmon with preliminary bids due by the end of next week, two sources close to the matter said....
14:12, 05/09/2019

Nestle makeover advances with $10 billion sale of skin health unit Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.1 billion), as the food group shifts its portfolio in respons...
18:36, 05/16/2019

Brazil’s Caixa kicks off process to attract partners for insurance unit Brazilian state-owned lender Caixa Economica Federal sent teasers to insurers on Friday to lure partners for its insurance business, Caixa Seguridade Participacoes, according to documents sent to pote...
02:48, 05/11/2019

Germany's Metro to expect at least eight second-round bids for China unit -sources At least eight suitors are preparing second-round bids to buy a majority stake in German wholesaler Metro AG's Chinese operations, Reuters learned from people directly involved in the matter, as suito...
15:00, 05/27/2019

AT&T's Mexico unit loses class action lawsuit to consumer watchdog Mexico's consumer watchdog, Profeco, said on Friday it won a class-action lawsuit against the local unit of U.S. telecommunications giant AT&T Inc for undue charges and poor service....
02:48, 05/11/2019

UPDATE 1-Manulife beats profit, boosted by strength in domestic, U.S. unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by growth in its domestic and U.S. business....
00:00, 08/08/2019

Novartis raises 2019 guidance, helped by Sandoz generics unit Novartis lifted full-year sales and profit targets on Thursday, helped by innovative medicine sales and as the Swiss drugmaker's Sandoz generics unit saw rising international demand for its biosimila...
07:48, 07/18/2019

UPDATE 2-Starboard urges AECOM to explore sale of construction unit Activist investor Starboard Value on Thursday urged construction and engineering firm AECOM to consider a strategic review of its assets, saying that its businesses were deeply undervalued....
23:26, 06/20/2019

China’s Didi Chuxing learns from Google to spin off self-driving unit Didi’s latest move highly resembles the one made by Google back in 2016, when it spun off its autonomous-driving unit Waymo into a standalone subsidiary....
08:48, 08/08/2019

UPDATE 1-G4S to separate cash solutions unit, plans to create two companies British security contractor G4S said on Friday its board had approved plans to separate its cash solutions business as it looks to focus on its core security operations....
12:00, 08/09/2019

Novartis vows to fight U.S. price-fixing claims against Sandoz unit Novartis on Monday said claims of price fixing against its Sandoz generics unit amid a U.S. probe of 20 drugmakers are without merit, with the Swiss company vowing to fight allegations in a lawsuit fi...
12:00, 05/13/2019

Bosch in talks to sell packaging unit to buyout firm CVC -source Car parts maker Bosch is in advanced talks to sell its packaging machinery business to buyout firm CVC in a deal valuing the company at up to 850 million euros ($959 million), a person close to the ma...
17:48, 07/04/2019

Saudi TAQA drilling unit to buy Schlumberger's Middle East rigs Saudi Arabia’s Industrialization and Energy Services Company (TAQA) said on Sunday its drilling subsidiary, Arabian Drilling Company, has agreed to buy Schlumberger's Middle East onshore drilling rigs...
18:36, 04/28/2019

Nestle in talks with EQT Partners-led consortium for its skin health unit - source Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter....
19:24, 05/15/2019

U.S. Supreme Court to hear BP unit's dispute over Montana Superfund site The U.S. Supreme Court on Monday agreed to a hear a bid by a unit of British oil major BP to avoid a lawsuit by private landowners in Montana seeking to force the company to pay for a more extensive c...
16:24, 06/10/2019

Nestle in talks with EQT Partners to sell skin health unit: source Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter....
20:36, 05/15/2019

Lockheed Martin unit wins $542 million U.S. defense contract -Pentagon Lockheed Martin Corp's Sikorsky Aircraft Corp has won a $542 million modification to a U.S. defense contract for the presidential helicopter replacement program, the Pentagon said on Monday. (Reportin...
02:24, 06/11/2019

U.S. antitrust unit seeks additional information from United Tech, Raytheon United Technologies and Raytheon Co have received requests for additional information from the antitrust division of the U.S. Department of Justice related to their $120 billion merger, according to a...
15:24, 08/15/2019

China's Minmetals says to close rare earth unit after pollution violations The rare earths arm of state-owned China Minmetals Corporation said one of its units would halt production with immediate effect from Thursday after failing to rectify a series of environmental offenc...
18:12, 08/15/2019

Odebrecht unit signs first post-'Car Wash' contract with Brazil's Petrobras Brazil's Petrobras has signed a two-year contract to lease a drilling rig from Ocyan, formerly known as Odebrecht Oleo e Gas, an executive told Reuters, in the first deal between the firms since a cor...
17:00, 07/29/2019

Novartis says top R&D executives no longer at Avexis unit after test data manipulation Novartis said on Wednesday the two top research & development executives at its Avexis unit were no longer at the company after some data from early testing of Avexis's more than $2-million gene thera...
18:36, 08/14/2019

American Airlines raises unit revenue forecast, shares rise American Airlines Group Inc on Wednesday raised its estimate for second-quarter unit revenue as the grounding of Boeing Co's MAX jets left the No. 1 U.S. carrier with fewer aircraft in service, allo...
17:00, 07/10/2019

Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian electric utility CPFL Energia SA announced on Tuesday a memorandum of understanding with its parent company, China's State Grid , for the potential acquisition of State Grid's stake in its r...
15:00, 05/21/2019

Amazon's India unit sees 56 percent rise in export merchants Amazon.com Inc's India unit saw a 56 percent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday....
15:36, 04/30/2019

O-Line guru: Giants trio can restore unit’s glory days There are three Giants a certain offensive-line guru finds intriguing, believing they have the potential to anchor the position group for years to come. They are not newcomers Kevin Zeitler and Mike R...
08:00, 05/20/2019

Drug company unit pleads guilty to opioid bribery scheme BOSTON (AP) — A drug company subsidiary has pleaded guilty to fraud charges stemming from allegations that the manufacturer schemed to bribe doctors to prescribe its highly addictive fentanyl spray. T...
20:24, 06/07/2019

Russian nuclear plant turns off unit after safety system error Block 4 of Russia's Beloyarsk nuclear power station in the Urals mountains was switched off on Sunday following a "false" response by the safety system, a subsidiary of state nuclear corporation Rosat...
13:48, 08/18/2019

IKEA creates a business unit devoted to smart home tech It's clear by now that IKEA is serious about smart home tech between its Sonos-powered speakers and connected lights, but the home furniture giant wants to formalize that commitment. It just est...
09:24, 08/18/2019

Insys to pay $225 million, unit to plead guilty to settle U.S. opioid charges Insys Therapeutics Inc agreed to pay $225 million and an operating unit agreed to plead guilty to five mail fraud counts to settle criminal and civil probes into its marketing of opioids, the U.S. Dep...
00:36, 06/06/2019

Campbell confirms sale of Australian snacks unit Arnott's to KKR for $2.2 billion Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company w...
10:12, 08/02/2019

Cabinet Approves Setting Up Of ISRO's Technical Liaison Unit In Moscow The Union Cabinet on Wednesday approved the setting up of ISRO Technical Liaison Unit in Moscow to enable effective technical coordination for timely interventions on diversified matters with Russia.....
05:48, 08/01/2019

Ascott REIT, Ascendas unit merger presents 'huge opportunity' Ascott Residence Trust and Ascendas Hospitality Trust are set to merge to form Asia Pacific's largest hospitality trust. Tan Juay Hiang of Ascendas Hospitality Trust weighs in....
09:12, 07/03/2019

Campbell confirms $2.2 billion sale of Australian snacks unit Arnott's to KKR Campbell Soup on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR for $2.2 billion as the U.S. company works on r...
17:24, 08/02/2019

Unit of drugmaker Insys to plead guilty to U.S. opioid bribe scheme A unit of Insys Therapeutics Inc is set to plead guilty on Friday to fraud charges as part of an $225 million deal with the U.S. Justice Department resolving claims that the drugmaker bribed doctors t...
12:24, 06/07/2019

Brazil's Banco BTG Pactual prices follow-on at 46 reais per unit -source Banco BTG Pactual SA / Brazil's largest independent investment banking firm, priced its units at 46 reais in a secondary offering, one source with knowledge of the matter said....
05:24, 06/12/2019

Moody's India Unit Sends CEO On Leave Amid Whistleblower Probe ICRA's board has decided to place Chief Executive Officer Naresh Takkar on leave and appointed Group Chief Financial Officer Vipul Agarwal as interim chief operating officer, the company said in an......
16:24, 07/02/2019

Deutsche Bank plans cuts in U.S. equities, prime unit: sources Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the m...
21:00, 05/23/2019

Unit of drugmaker Insys pleads guilty to U.S. opioid bribe scheme A unit of Insys Therapeutics Inc pleaded guilty on Friday to fraud charges as part of an $225 million deal with the U.S. Justice Department resolving claims that the drugmaker bribed doctors to prescr...
18:12, 06/07/2019

BlackRock Splits Leadership Roles at European Stock-Picking Unit BlackRock is installing a new boss at its European stock-picking arm as the Wall Street behemoth looks to boost returns and assets in that part of its business....
00:12, 06/14/2019

European blockchain company Bitfury launches artificial intelligence unit European blockchain company The Bitfury Group, valued recently at more than $1 billion, has launched its artificial intelligence (AI) division, the company's top official told Reuters in an interview....
13:13, 08/13/2019

Sunrise takeover of Liberty Global unit under review by competition authorities Sunrise Communications on Monday said the Swiss competition authorities have decided to "examine in detail" its planned $6.3 billion takeover of Liberty Global's Swiss UPC cable business....
07:48, 06/03/2019

Vietnam's Vingroup in deal with Fujitsu unit, Qualcomm to make 5G phones Vingroup JSC, Vietnam's biggest-listed firm by market value, said on Friday it had signed a deal with Qualcomm and a unit of Japan's Fujitsu Ltd to produce 5G smartphones in the country....
06:12, 06/28/2019

Hedge fund Third Point calls on Sony to spin off semiconductor unit Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position its...
07:24, 06/14/2019

Britain's competition watchdog investigates Liqui-Box deal for DS Smith unit Britain's competition watchdog said on Friday it was investigating if U.S.-based Liqui-Box's planned takeover of DS Smith Plc's ‍flexible and rigid plastic business could hurt market competition....
16:00, 05/24/2019

Huawei's HiSilicon chip making unit no longer has a bright future When the news first broke last month that Huawei was essentially being banned from procuring parts from the U.S., many thought that the company would be fine obtaining chips for its phones. After all,...
01:00, 06/03/2019

Apple pays $1 billion for Intel unit in push for chip independence Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp's modem business in a deal valued at $1 billion, the companies said on Thursday....
00:00, 07/26/2019

The company behind Bud Light said it won't take its Asia unit public, cancelling the largest IPO of 2019 Bud Light/YouTube Anheuser-Busch InBev has cancelled its Asia IPO, expected to be the largest of 2019. Shares of the company fell on the news. The company said it would closely monitor conditions i...
11:24, 07/14/2019

Volkswagen unit Porsche to pay 535 million euro fine over diesel cheating German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company t...
14:36, 05/07/2019

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a...
11:24, 06/14/2019

Walmart aims to list minority stake in Japan unit Seiyu Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S. retail giant was looking to exit Japan where it ha...
11:00, 06/26/2019

CGG hopes new contracts, financing eases sale of logistics unit CLI - sources Brazilian farm group Cantagalo General Grains SA (CGG) expects recent business deals and fresh capex financing to speed up the sale of its logistics unit Corredor Logística e Infraestrutura (CLI), a d...
00:48, 08/06/2019

Tulsi Gabbard to report for active duty with National Guard for two weeks: report Presidential candidate Tulsi Gabbard will take a two-week hiatus from the campaign trail to report for active duty in Indonesia with the National Guard, the Democrat announced on Monday....
13:12, 08/13/2019

Report: Boeing Insiders Called FAA Hotline to Report Issues With 737 Max Jets At least four current or former Boeing employees called a Federal Aviation Administration hotline to report issues with the company’s 737 Max line of jets on April 5, the day after Ethiopia’s minister...
20:00, 04/28/2019

Bosch's Indian Unit Begins Restructuring As Auto Sector Slowdown Bites India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening slowdown in the country's automotive industry, as the German car parts......
11:36, 08/16/2019

UPDATE 1-Global private equity firms to bid for Hitachi's chemical unit - sources Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd's chemical unit, three people familiar with the situation told Re...
08:48, 05/17/2019

UPDATE 1-Santander's Mexican unit announces that chairman of board to leave post The chairman of the board of the Mexican unit of Spanish bank Santander, Marcos Martinez Gavica, will leave his position, the bank said in a statement on Thursday....
05:36, 05/03/2019

Nana Patole Quits As Kisan Congress Chief, "Dismisses" Entire Unit All India Congress Committee (AICC) leader from Maharashtra, Nana Patole, has joined a group of Congress office-bearers to quit following a debacle of the party in the recently-held Lok Sabha......
18:48, 06/29/2019

UPDATE 1-Britain's competition watchdog investigates Liqui-Box deal for DS Smith unit Britain's competition watchdog said on Friday it was investigating whether U.S.-based Liqui-Box's $585 million takeover of a DS Smith Plc business could lessen competition in the market....
16:00, 05/24/2019

Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency Apple Inc supplier Foxconn chose chip-unit boss Liu Young-way as chairman on Friday to succeed Terry Gou, who is preparing to contest Taiwan's presidential elections next year....
11:36, 06/21/2019

VW truck unit Traton dips below opening price on stock market debut Volkswagen's truck unit Traton dipped below its opening share price of 27.00 euros a share on Friday morning following its initial public offering (IPO) on the Frankfurt exchange....
11:36, 06/28/2019

China raises pollution violations at Minmetals rare earth unit: Xinhua State-owned China Minmetals has failed to rectify a series of pollution offences at its rare earth production unit despite being ordered to do so, the Xinhua news agency reported on Thursday, citing t...
08:36, 08/15/2019

UPDATE 1-Debt-laden AB InBev agrees sale of Australian unit to Asahi Anheuser-Busch InBev, the world's largest brewer, has agreed to sell its Australian operations to Japan's Asahi and is interested in reviving the stalled flotation of its Asian business....
11:12, 07/19/2019

Brazil airline Gol forecasts 24% increase in unit passenger revenue, earnings rise Brazilian airline Gol expects unit passenger revenue to increase by 24% in the second quarter compared to the same period last year, the company said in a corporate filing on Monday....
19:24, 07/08/2019

Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified mainten...
19:12, 07/15/2019

JPMorgan Chase beats profit expectations, sees growth in consumer unit JPMorgan Chase reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks. Even as the world’s bigges...
17:48, 07/16/2019

Struggling CNN lays off health unit staffers as headcount reduction moves forward Sanjay Gupta is safe, but much of the rest of CNN’s Atlanta-based staff that covers healthcare found out on Tuesday they are getting pink slips, a source close to the situation told Fox News....
01:00, 05/25/2019

Citi closes CitiCross 'dark pool' amid equities unit review A unit of Citigroup Inc has shut down one of its private stock trading venues, often referred to as dark pools, as part of a broader review of the bank's equities business, the bank said on Monday....
22:00, 05/06/2019

Guggenheim defeats lawsuit claiming it siphoned annuity unit's cash for LA Dodgers Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy....
02:00, 07/16/2019

UPDATE 1-Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian utility CPFL Energia SA said on Tuesday it had offered to buy parent company China's State Grid's stake in its renewables arm CPFL Renovaveis ....
16:36, 05/21/2019

UPDATE 1-Mallinckrodt to spin off generics unit, Amitiza stays with branded business Mallinckrodt Plc said on Tuesday it would spin off its generics unit and keep constipation medicine Amitiza as part of its branded drugs business, to be renamed Sonorant Therapeutics Plc....
14:48, 05/28/2019

UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position its...
04:00, 06/14/2019

UPDATE 1-NYSE-owner ICE beats profit on boost in data services unit Intercontinental Exchange Inc, owner of the New York Stock Exchange, reported a better-than-expected quarterly profit on Thursday, as higher revenue from its data services unit helped offset a softer ...
15:24, 05/02/2019

Canadian pension fund Caisse replaces lending unit CEO after ethical failures Canada's second-largest pension fund said on Tuesday it had replaced the chief executive and overhauled the board of its commercial real estate lending unit, after an outside investigation found ethic...
00:12, 05/29/2019

Rampant cocaine use among Navy SEALs revealed as another unit sent home from Iraq for drinking The revelation of rampant cocaine abuse among members of SEAL Team 10 is the latest example of bad behavior within the Navy's elite special operations forces....
04:48, 07/26/2019

China's Didi Chuxing launches autonomous driving unit as independent company Chinese ride-hailing giant Didi Chuxing said on Monday it has launched its autonomous driving unit as an independent company that will focus on research and look to deepen collaboration with automaker...
12:24, 08/05/2019

UPDATE 1-Brazil's Banco BTG Pactual prices follow-on at 46 reais per unit -source Banco BTG Pactual SA , Brazil's largest independent investment banking firm, priced its units at 46 reais in a secondary share offering, one source with knowledge of the matter said....
05:24, 06/12/2019

Two more B-52s, Marine expeditionary unit head to Middle East as tensions rise with Iran The Pentagon dispatched two more B-52s and a Marine expeditionary unit to the Middle East, on top of forces already there, in response to "credible threats" that Iran plans to attack American forces a...
22:36, 05/10/2019

Pfizer to merge generics unit with Mylan; seeks to sharpen cancer focus Drugmaker Pfizer Inc has agreed to spin off its generic drugs business and combine it with Mylan , a move that leaves Pfizer with more profitable innovative drugs, including cancer drug Ibrance and p...
16:36, 07/29/2019

United Technologies nears deal to merge aerospace unit with Raytheon: source United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matt...
06:00, 06/09/2019

UPDATE 1-Top Thai retailer Central Group plans IPO of department store unit Central Group, Thailand's largest mall operator, said on Wednesday it would list its Central Retail Corporation unit, which will combine retail businesses in Thailand, Vietnam and Italy....
07:48, 07/31/2019

Bombardier to face pressure at annual meeting over rail unit, 2020 targets Canada's Bombardier Inc will face pressure from skeptical investors at an annual meeting on Thursday about whether the plane-and-train-maker's turnaround plan is still on track as its transportation d...
11:36, 05/02/2019

UPDATE 1-Nestle in talks with EQT Partners to sell skin health unit - source Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter....
19:24, 05/15/2019

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal Danske Bank, which is trying to recover from a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros ($458.3 million)...
15:00, 06/03/2019

World's largest brewer opens Israeli cybersecurity unit as attacks mount Anheuser-Busch InBev (AB InBev), the world's largest beer maker, said on Thursday it was opening a cybersecurity unit in Israel to help protect itself from a growing number of attacks....
14:00, 06/13/2019

UPDATE 2-Brazil unit of France's Casino to sell stake in appliance retailer for at least $578 mln French retailing group Casino's Brazilian unit will sell its controlling stake in a Brazilian appliance retailer for at least 2.23 billion reais ($578 million), accepting a discount on the unit's list...
17:12, 06/12/2019

Bombardier's rail unit named preferred bidder for $3.4 bln Egypt monorail project Bombardier Inc's rail business was named the preferred bidder for a 3 billion euros ($3.36 billion) monorail project in Egypt, which would be the unit's biggest in recent years if confirmed....
14:48, 05/28/2019

UPDATE 2-U.S. Supreme Court to hear BP unit's dispute over Montana Superfund site The U.S. Supreme Court on Monday agreed to a hear a bid by a unit of British oil major BP Plc to avoid a lawsuit by private landowners in Montana seeking to force the company to pay for a more extensi...
18:00, 06/10/2019

UPDATE 3-United Technologies nears deal to merge aerospace unit with Raytheon -source United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matt...
05:36, 06/09/2019

Petrobras details distribution unit share offering, sets date for late July Brazilian state-run oil firm Petroleo Brasileiro SA is planning to privatize its fuel distribution unit in a share offering in late July, the company said, in a process that would raise up to 9.28 bil...
15:24, 07/03/2019

China's Anbang to offload health insurance unit as government speeds up asset sales China's Anbang Insurance Group said it will sell its entire stake in a health insurance unit as Beijing speeds up asset disposals at the troubled government-controlled insurance conglomerate....
10:00, 07/05/2019

UPDATE 2-Zambian court lifts order blocking disposal of Vedanta unit assets A Zambian court on Friday lifted an order blocking a provisional liquidator at Vedanta's Konkola Copper Mines (KCM) business from disposing of assets or making arrangements with creditor until a July ...
19:12, 06/28/2019

UPDATE 1-Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified mainten...
16:48, 07/15/2019

MOVES-Citi North America Private Bank names unit chair -memo Citigroup Inc North America Private Bank head Tracey Warson is leaving the role to become chair of the unit effective June 3, according to an internal memo on Monday seen by Reuters....
19:12, 04/29/2019

UPDATE 2-Sun Life profit misses estimates as wealth sales fall in Canada unit Canadian insurer Sun Life Financial Inc missed estimates for quarterly earnings on Wednesday, as weaker wealth sales hurt its performance in the domestic market....
03:12, 05/09/2019

Nestle revamp advances with $10 billion sale of skin health unit to buyout funds Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.12 billion), as the food group shifts its portfolio in respon...
11:48, 05/16/2019

UPDATE 2-Scotiabank misses profit as higher provisions offset gains from international unit Canada's Bank of Nova Scotia on Tuesday missed analysts' estimates for quarterly profit for the third time in a row, as a surge in non-interest expenses and provisions for bad loans offset gains from ...
14:48, 05/28/2019

UPDATE 2-United Technologies nears deal to merge aerospace unit with Raytheon -sources United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matt...
02:12, 06/09/2019

Casino’s Brazil unit agrees to sell shares in Via Varejo for minimum of 4.75 reais each - filing GPA, controlling shareholder of Brazil's Via Varejo and a unit of Casino Guichard Perrachon SA, said its board of directors approved the sale of all shares it owns in the retailer for a minimum price ...
14:48, 06/12/2019

Fitbit's enterprise health unit hits Q1 stride, $122 million annual revenue run rate Fitbit is also seeing strong demand for its devices. The hardware is seen as a customer acquisition avenue for a broader software and services strategy....
01:00, 05/02/2019

Japan's Marubeni says U.S. unit Columbia Grain stopped new soybean sales to China from July 24 Japanese trading house Marubeni Corp said on Friday that U.S. unit Columbia Grain Trading Inc stopped all new sales of soybeans to Chinese customers from July 24, saying earnings from the business had...
07:24, 07/26/2019

Alibaba reshuffles management; chief financial officer to oversee strategic investment unit China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuf...
14:24, 06/18/2019

SoftBank Group raises $270 million via Seoul unit for early stage startup investments SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early stage investments has raised a 317 billion won ($270 million) fund....
11:00, 07/19/2019

UPDATE 1-Gilead to separate Kite cell therapy unit, posts higher profit Gilead Sciences Inc, which hired Roche veteran Daniel O'Day to be its new chief executive, on Thursday said Kite Pharma, the cancer-focused cell therapy company it acquired in 2017, will become a sepa...
01:48, 05/03/2019

Cannes winner 'Parasite' captures rich-poor gap in 'basic unit of life': director The South Korean director of "Parasite", the darkly comic movie that won the top Palme d'Or prize at this year's Cannes Film Festival, described his film on Tuesday as "a candid portrayal of the rich ...
15:48, 05/28/2019

Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake Coca-Cola Co said on Monday it had dropped plans to refranchise its Africa bottling business, Coca-Cola Beverages Africa (CCBA), and would instead keep its majority stake in the unit for the time bein...
15:00, 05/20/2019

Amid U.S. tech squeeze, China's Tsinghua Unigroup forms new DRAM chip unit Chinese state-backed semiconductor conglomerate Tsinghua Unigroup said it has formed a new business unit for producing DRAM, a type of memory chip dominated by companies in South Korea and the United ...
14:24, 07/01/2019

UPDATE 2-HollyFrontier shares fall as lubricant unit's losses overshadow profit beat Dismal performance at HollyFrontier Corp's lubricants and specialty products unit outweighed the company's quarterly revenue and profit beat on Thursday, sending its shares down over 5 percent....
22:12, 05/02/2019

Elon Musk hires man behind 'absolute unit' sheep meme to run Tesla's social media Adam Koszary’s tweet of giant sheep went viral last yearMusk adopted image and description for his Twitter profileElon Musk has reportedly hired the man responsible for a viral tweet about a giant she...
20:12, 05/21/2019

MOVES-Citi North America private bank head names unit chair - memo Citigroup Inc North America Private Bank chief Tracey Warson has been named to chair the unit effective June 3, according to a internal memo on Monday seen by Reuters....
19:12, 04/29/2019

Debt-laden Anheuser-Busch InBev's stock jumps after it agrees to sell its Australian unit Shares of Anheuser-Busch InBev jumped Friday morning after the company confirmed the sale of its Australian business, a week after it called off the initial public offering of its Asian business....
14:24, 07/19/2019

Fulfill All Your Nike Needs With $30 Off Orders of $150 or More Nike is one of the most desirable workout-wear brands, though quality gear often comes at a price. But thanks to a deal Nike’s running through May 12, don’t sweat the cost of a new Nike wardrobe. Now,...
17:48, 05/09/2019

Boeing in talks for more 737 MAX orders after IAG Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a 'humbling' 200-plane letter of intent from British Airways owner IAG at the Paris Airshow, its sales chief sa...
11:36, 06/20/2019

U.S. military not given orders to prepare for war in Venezuela The Pentagon on Wednesday appeared to downplay any active preparations to directly intervene in Venezuela to topple President Nicolas Maduro, but acknowledged detailed contingency planning as politica...
21:36, 05/01/2019

New Volkswagen ID.3: 10,000 pre-orders for all-electric hatch News 9 May, 2019 Volkswagen nets more than 10,000 pre-bookings for the all-electric ID.3, just 24 hours after the limited edition model's reveal...
20:24, 05/09/2019

Netflix orders 6(66) more episodes of Lucifer In June, Netflix renewed Lucifer for a fifth and final season, giving the once-discarded Fox show a chance to finish the story of Satan’s career helping the LAPD solve murders (as told in the Bible). ...
09:00, 07/29/2019

Amazon might start using robots to box your orders A few weeks ago, Amazon said it will be at least 10 years before the company is running fully-automated warehouses. But partial automation is already underway. According to Reuters, Amazon is consider...
19:12, 05/13/2019

Boeing: No firm orders of the 737 Max since March Boeing announced that there were no firm orders for the 737 Max since March and that the companies deliveries were at its lowest level since 2012. CNBC's Phil LeBeau joins "Squawk Box" with the d...
18:24, 08/13/2019

Volkswagen ID 3: 10,000 pre-orders for electric hatch VW receives more than 10,000 pre-orders in 24 hours for limited-edition sub-£34,000 launch version of EV Volkswagen says the pre-orders for the launch edition of its ID 3 electric hatchback have "sig...
22:36, 05/09/2019

IAG orders 14 A321XLRs for Aer Lingus and Iberia IAG on Monday ordered 14 of Airbus' new long-range version of the A321 passenger jet for its Irish Aer Lingus and Spanish Iberia airlines in order to boost their transatlantic routes, the company said...
17:12, 06/18/2019

UPDATE 1-Boeing in talks for more 737 MAX orders after IAG Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a letter of intent for 200 planes from British Airways owner IAG at the Paris Airshow, its sales chief said on ...
11:36, 06/20/2019

There's one key question for Boeing when it comes to orders and deliveries Boeing is expected to release its latest figures on orders and deliveries on Tuesday. Ron Epstein, senior equity research analyst at Bank of America Merrill Lynch, and Carter Copeland, founding partne...
17:12, 07/09/2019

Best Buy cancels all Galaxy Fold pre-orders In another blow to Samsung's Galaxy Fold, Best Buy announced that it's canceling all current Galaxy Fold pre-orders. That's not entirely surprising given all of the drama around the Fol...
17:24, 05/24/2019

U.S. orders suspension of flights between the U.S. and Venezuela The U.S. Department of Transportation on Wednesday ordered the suspension of all commercial passenger and cargo flights between the United States and Venezuela, citing reports of unrest and violence a...
21:36, 05/15/2019

U.S. orders suspension of all flights to Venezuela All flights between the United States and Venezuela were suspended indefinitely, the Department of Homeland Security's secretary announced Wednesday....
09:00, 05/16/2019

New Volkswagen ID.3: 15,000 pre-orders for all-electric hatch News 14 May, 2019 More than 15,000 pre-bookings have been taken for the all-electric Volkswagen ID.3, just one week after the limited edition model's reveal...
14:48, 05/14/2019

US Orders Suspension Of Flights Between US And Venezuela The U.S. Department of Transportation on Wednesday ordered the suspension of all commercial passenger and cargo flights between the United States and Venezuela, citing reports of unrest and violence.....
07:24, 05/16/2019

UK's IQE reassures investors with Asian orders Cardiff-based IQE Plc expects new supply chains in Asia to provide significant orders, the supplier of semiconductor wafer to Apple Inc said on Tuesday, sending its shares up more than 13%....
11:36, 07/23/2019

Boeing had no orders for second straight month Boeing reported no new commercial aircraft orders in May. It was the second straight month that Boeing's orders were at a standstill in the face of the 737 Max crisis....
21:24, 06/11/2019

FX orders pilot for B.J. Novak anthology series According to Deadline, FX has ordered a pilot for Platform, a new anthology series written, directed, and executive produced by B.J. Novak, the guy who didn’t know how to use the microwave on The Offi...
04:12, 07/30/2019

Jury orders Monsanto to pay $2 billion to couple A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company's popular weed killer Roundup Ready caused their cancers. (May 13) ...
11:12, 05/14/2019

U.S. services sector slows; orders hit three-year low U.S. services sector activity slowed in July as new orders dropped to their lowest level in three years, suggesting the economy lost further momentum early in the third quarter....
21:36, 08/05/2019

UPDATE 3-U.S. orders suspension of flights between the U.S. and Venezuela The U.S. Department of Transportation on Wednesday ordered the suspension of all commercial passenger and cargo flights between the United States and Venezuela, citing reports of unrest and violence a...
00:48, 05/16/2019

Amazon is rolling out machines to box customer orders Tech giant Amazon is reportedly deploying machines to warehouses to automate the process of packing customer orders.        ...
17:36, 05/13/2019

U.S. Orders Partial Evacuation of Embassy in Baghdad The decision came after the Trump administration warned of an increased threat linked to Iran. Officials in Iraq and elsewhere doubted that such a threat existed....
11:00, 05/15/2019

Nokia says it has moved ahead of Huawei in 5G orders Nokia has attracted increased interest in its next-generation telecoms equipment in recent weeks, helping it to move ahead of Chinese rival Huawei in total 5G orders, one of the Finnish company's dire...
20:12, 06/03/2019

Volkswagen ID 3: pre-orders for electric hatch reach 15,000 VW has received orders for more than half of limited-edition launch version of sub-£34,000 EV Volkswagen says it has received pre-orders for more than half of the launch edition versions of its ID 3 ...
18:00, 05/14/2019

Boeing reports no new orders for 737 Max amid grounding Boeing on Tuesday said it received orders for 13 commercial jets during its second quarter, a 95 percent drop compared to the same time period last year after the global grounding of its 737 Max aircr...
20:36, 07/09/2019

HBO Max orders Greek mythology series ‘Circe’ The Greek goddess who infamously turned Odysseus's crew into swine in Homer's Odyssey is getting a modern-day reboot. HBO Max has ordered eight episodes of Circe, a modern-day adaptation of ...
17:48, 07/31/2019

Japan, hit by torrential rains, orders 800,000 to evacuate Japan ordered nearly 800,000 people on the southern island of Kyushu to take shelter in evacuation centers and other safe areas on Wednesday as heavy rains threatened to trigger landslides and cause o...
09:24, 07/03/2019

NASA orders the first piece of its lunar outpost NASA has awarded space technology company Maxar a $375 million contract to develop the first Lunar Gateway segment that's flying to space. Maxar, which (according to Ars Technica) now has braggin...
14:36, 05/24/2019

Turkey orders revote for Istanbul mayor Turkey's election board has ruled in favor of a rerun of the election for Istanbul mayor, according to the state-run Anadolu news agency, weeks after Turkish President Recep Tayyip Erdogan's Justice a...
07:00, 05/07/2019

US orders probe into £450 million French tech tax The French government today risked opening a £450 million front in a transatlantic trade war with plans for a tax on tech giants that Britain could soon follow....
13:00, 07/11/2019

Durable-Goods Orders Fell 2.1% in April Orders for long-lasting factory goods declined in April as business investment cooled while orders for civilian aircraft fell sharply amid problems with a major Boeing airliner model....
18:36, 05/24/2019

US durable goods orders fall 1.3% in May with aircraft down WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods fell sharply in May while demand in a category that tracks business investment rose modestly. The Commerce Department sai...
14:36, 06/26/2019

Judge orders FDA to begin regulating e-cigarettes WASHINGTON (AP) — A federal judge is ordering the Food and Drug Administration to begin reviewing the health effects of e-cigarettes. The ruling handed down Wednesday says the agency abdicated its leg...
03:00, 05/16/2019

New U.S. rule orders asylum seekers apply elsewhere first The U.S. Justice Department said Monday it will change asylum rules to limit the number of Central American migrants reaching the American border, by officially disqualifying those who travel through ...
18:12, 07/15/2019

Tesla Reportedly Has Enough Orders to Set Delivery Record In an email to Tesla employees, Musk pumped up the workers to hit quarterly goals while managing all the extra production and delivery work piling up toward the end of a quarter....
10:12, 06/26/2019

U.S. Durable Goods Orders Rose in June Demand for long-lasting goods produced in U.S. factories rose in June after two straight months of declines, driven by new orders for transportation goods....
17:12, 07/25/2019

Pharmacies may not stock naloxone, despite statewide orders (Reuters Health) - More than three years after Pennsylvania issued a statewide order expanding access to the life-saving opioid antidote naloxone, the product was still hard to purchase in Philadelphi...
19:12, 06/14/2019

Paris Air Show: IAG orders 200 Boeing 737 Max jets Boeing announced it had inked a letter of intent with International Airlines Group for 200 737 Max aircraft, the first major deal for the plane since it was grounded earlier this year....
17:48, 06/19/2019

F.T.C. Orders Facebook to Add Oversight of Data Practices The F.T.C. placed new conditions on Facebook for privacy violations, but did not restrict the social network’s ability to gather and use people’s personal information....
14:48, 07/24/2019

Airbus to launch new A321 with nearly 200 orders -sources Airbus will launch a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing's plans for...
10:12, 06/17/2019

Navy football has new marching orders: More veggies Sports nutritionists are a staple on major college football staffs but new at Navy, which presents some challenges unfamiliar to most other programs....
18:48, 08/09/2019

Air New Zealand orders 8 Boeing Dreamliners with GE engines WELLINGTON, New Zealand (AP) — Air New Zealand says it has ordered eight new Boeing Dreamliner planes with a list price of $2.7 billion. The nation’s flagship carrier said Monday it negotiated a...
04:00, 05/27/2019

Woman Orders Food, Gets Sexual Harassment A woman in Philadelphia was treated to a delightful text message, commenting on her looks and her breasts, from a delivery driver, a person who—lest we forget—visits at a particularly vulnerable time:...
08:48, 05/11/2019

Volkswagen ID 3: pre-orders begin for electric hatch A Volkswagen image of the ID 3, with colours edited by Autocar to better show the car's shape Limited-edition launch version of first production car on MEB platform to have 261-mile range and cost l...
13:24, 05/08/2019

Uber experiment allows Eats orders from the main app Uber has started rolling out an experimental version of its app that was made to persuade its main service's customers to try its food delivery business. The company has confirmed to TechCrunch t...
09:48, 06/05/2019

Judge orders Kraft to appear at next court date Robert Kraft, owner of the New England Patriots, was ordered to appear in West Palm Beach, Fla., for a hearing on the admissibility of video evidence in his prostitution and solicitation case....
19:36, 05/03/2019

AT&T cancels Samsung Galaxy Fold orders AT&T has cancelled early orders for the Samsung Galaxy Fold. Tom’s Guide first reported the cancellation, noting that AT&T said the Galaxy Fold would be available again to order as soon as Samsu...
23:24, 06/13/2019

Judge orders FDA to speed up regulation of e-cigarettes A federal judge has directed the Food and Drug Administration to speed up its review of electronic cigarettes, saying the delays amount to a dereliction of duty....
01:00, 05/17/2019

Prosecutor orders Sudan's Bashir interrogated Sudan's public prosecutor on Thursday ordered ousted President Omar al-Bashir to be interrogated on charges of money laundering and financing terrorism, as hundreds of thousands of protesters joined a...
22:36, 05/02/2019

No 'day in court': U.S. deportation orders blindside some families Carin, a 39-year-old subsistence farmer from Honduras, crossed the U.S.-Mexico border with her two sons late last year. They had fled after her political organizing led to threats of violence, she sai...
12:24, 07/26/2019

After scandals, Pope orders his diplomats to toe the line Pope Francis on Thursday told his ambassadors around the world, some of whom have been involved in sexual and financial scandals, to live humble, exemplary lives and be closer to the poor than to the ...
17:24, 06/13/2019

Pre-orders for Atari's retro VCS console start at $249 If you're tired of hearing about delays and revisions to the Atari VCS and just want to know when you can buy the damned thing as an everyday customer, you're in luck. The retro console wil...
19:12, 06/11/2019