Asian shares slip on trade deal worry, dollar defensive
Asian shares fell on Friday in a weak start to the month and off three-month highs struck this week on fresh concerns over Sino-U.S. trade prospects and ahead of U.S. economic data, while the dollar eased against major rivals.
Pinterest quarterly revenue, forecast disappoint; shares plunge
Pinterest Inc fell short of Wall Street estimates for quarterly revenue on lower-than-expected average revenue per user and its revised full-year sales forecast came marginally below expectations, sending its shares tumbling 19%.
Exclusive: Government officials around the globe targeted for hacking through WhatsApp – sources
Senior government officials in multiple U.S.-allied countries were targeted earlier this year with hacking software that used Facebook Inc’s WhatsApp to take over users’ phones, according to people familiar with the messaging company’s investigation.
WeWork, former CEO Adam Neumann accused of pregnancy discrimination
The former chief of staff to ousted WeWork CEO Adam Neumann has accused him and the company of discrimination, saying she feared for the health of her unborn baby because of Neumann’s penchant for smoking marijuana on chartered planes.
Facebook sued for age, gender bias in financial services ads
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.
Hudson’s Bay going private deal faces Catalyst hurdle
Hudson’s Bay Co shareholder Catalyst Capital Group Inc has opposed an agreed deal by the struggling Canadian department store operator with a group led by executive chairman Richard Baker to be taken private.
American Airlines flight attendants stand up to Boeing CEO on 737 MAX
American Airlines’ flight attendants union still has safety concerns about the Boeing 737 MAX and is demanding an active role in the relaunch of the grounded aircraft, its president told Boeing Co’s chief executive in a letter seen by Reuters.
Qantas says cracks found in three 737 NG jets, will minimize customer impact
Qantas Airways Ltd said on Friday it found structural cracks in three of its Boeing Co 737 NG planes after conducting earlier-than-required checks of its aircraft as part of a global issue with the model.
New Wells Fargo CEO says he wants to fix problems, isn’t a ‘wallflower’
Wells Fargo & Co’s new chief executive, Charlie Scharf, told employees this week he is more hands-on in his early days than at his previous CEO roles in order to tackle the bank’s regulatory and operational problems as staff grilled him about everything from growth targets to his family dog.
Pinterest falls short of quarterly revenue estimates, forecast disappoints
Pinterest Inc on Thursday missed Wall Street estimates for third-quarter revenue as it earned lower-than-expected average revenue per user, and forecast full-year sales marginally below expectations.