Huawei CFO’s lawyers argue U.S. extradition charges not a crime in Canada
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers argued for a second straight day that Meng violated no Canadian laws and should not be extradited to the United States on charges she violated its s…
Judge dismisses defunct startup Sidecar’s 2018 lawsuit against Uber
Uber Technologies Inc on Tuesday prevailed in a lawsuit accusing it of driving a smaller rival out of business through predatory pricing and other anticompetitive practices.
Yen supported, yuan frail on coronavirus concerns
The yen was supported while the yuan was on the back foot on Wednesday as investors tried to assess the risk of the outbreak of a new coronavirus in China disrupting the country’s economy and trade partners.
Toyota to recall 3.4 million vehicles worldwide, air bags may not deploy in crashes
Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes.
Trump to break bread with Apple’s Cook and other CEOs: sources
U.S. President Donald Trump will attend a breakfast meeting on Wednesday with Apple Inc Chief Executive Tim Cook and other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, according to sources f…
Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney
Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars.
IBM forecasts full-year profit above estimates on cloud growth
International Business Machines Corp forecast full-year profit above market expectations on Tuesday after reporting surprise growth in quarterly revenue, boosted by its high-margin cloud computing business, sending its shares up more than 4%.
Toyota recalls 3.4 million vehicles worldwide because air bags may not deploy in crashes
Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic glitch that can result in air bags not deploying in crashes.
United beats Wall Street expectations despite ongoing 737 MAX delays
United Airlines Holdings Inc on Tuesday beat Wall Street estimates for quarterly profit and held to its 2020 profit target, with a turnaround strategy overseen by its outgoing CEO underpinning growth even as the Boeing 737 MAX remains grounded.
Honda recalling 2.7 million North American vehicles for new air bag inflator defect
Honda Motor Co said on Tuesday it will recall 2.7 million older U.S. vehicles in North America for potentially defective air bag inflators.