Trump Attacks GM

November, 27, 2018|

Trump vs. GM

General Motors Co. plans to cut up to 14,800 jobs in the U.S. and Canada and end production at several North American factories, marking the auto maker’s first significant downsizing since its bankruptcy last decade as the company tries to adjust to weak sedan sales...

Chinese Telecom Sanctions

November, 23, 2018|

Avoiding Huawei

The U.S. government has initiated an extraordinary outreach campaign to foreign allies, trying to persuade wireless and internet providers in these countries to avoid telecommunications equipment from China’s Huawei Technologies Co...

Humana and Walgreens

November, 21, 2018|

Walgreens and Humana Expanding Their Partnership?

Drugstore owner Walgreens Boots Alliance Inc. and health insurer Humana Inc. are in preliminary discussions to take equity stakes in each other...

Nissan’s Ghosn Grabs 44 Million

November, 20, 2018|

Nissan’s Ghosn Arrested

Japanese prosecutors jailed Carlos Ghosn, an auto industry titan and one of the world’s best-known business executives, accusing him of underreporting his pay—and setting off a leadership crisis at the globe-spanning auto alliance he forged...

Amazon Cleans Up

November, 19, 2018|

Amazon’s New Headquarters

After running a year-long competition that drew interest from hundreds of cities and a number of states, Amazon has chosen New York City and Northern Virginia to split duty as its second headquarters...

Crypto’s Clobber Nvidia

November, 16, 2018|

Crypto Hangover Weighs on Nvidia

Nvidia Corp. shares tumbled 18% after the chip maker projected declining revenue for the current quarter—a sharp turnabout from the company’s recent explosive growth—as it works through excess inventory left over from the cryptocurrency boom...

GE: Not Bringing Good Things to Investors

November, 15, 2018|

GE Hits New Low

General Electric Co.’s shares continued their long slide Monday even as new Chief Executive Larry Culp tried to put the market at ease about the direction of the conglomerate and its troubled power division. The stock fell as much as 10% Monday before recovering some of its loss to end at $7.99...

Sessions Out

November, 8, 2018|

Sessions Out as Attorney General

Attorney General Jeff Sessions resigned at the request of President Trump on Wednesday, immediately placing oversight of the special counsel’s Russia probe in the hands of an official who has been critical of the inquiry...