Facebook’s co-founder joins calls to break up the company
Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes called for the break up of the world’s largest social media network in an opinion piece in the New York Times on Thursday.
From Paris to Omaha: How Occidental CEO out-maneuvered Chevron in Anadarko bid
Occidental Petroleum chief executive Vicki Hollub was caught off guard when U.S. oil giant Chevron swooped in last month with a $33 billion offer to buy Anadarko Petroleum, the oil and gas exploration and production firm she had been wooing for nearly …
Wall Street tumbles as investors shun risk ahead of critical trade talks
Wall Street fell more than 1 percent on Thursday, as tensions heated up ahead of a make-or-break U.S.-China trade meeting, which could lead to a prolonged dispute that would threaten global financial markets and economic growth.
Rome scrambles to swerve Carige bank bailout after BlackRock pulls out
Rome’s fragile government battled to avoid another costly bank bailout on Thursday after U.S. fund manager BlackRock ditched a proposed rescue of Italy’s Carige.
McDonald’s settles with former India partner, to reopen restaurants in 2 weeks
McDonald’s Corp’s Indian arm has reached a settlement with former partner Vikram Bakshi, acquiring full ownership in their joint venture Connaught Plaza Restaurants Ltd, the company said in a statement.
Chevron drops Anadarko takeover fight after Occidental raises bid
Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by Occidental Petroleum Corp’s higher, $38 billion offer that included more than three times as much cash.
Peugeot signals openness to deals after JLR report
PSA Group said on Thursday it was ready to consider potential tie-ups, after the French carmaker’s shares briefly rose on a report that it was in advanced talks with Tata Motors to acquire UK-based Jaguar Land Rover (JLR).
U.S. goods trade deficit with China hits five-year low
The U.S. goods trade deficit with China, a focus of President Donald Trump’s “America First” agenda, dropped to a five-year low in March amid a surge in exports, including soybeans.
Pressured by rival, Chevron abandons Anadarko takeover fight
Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by a rival’s higher, $38 billion offer that included more than three times as much cash.
CEO of Buffett’s Dairy Queen tries to find new tastes, keep franchisees happy
The chief executive of International Dairy Queen Inc is counting on the 79-year-old brand, owned by Warren Buffett’s Berkshire Hathaway Inc, to adapt to changing consumer tastes rather than latch onto the latest fad, while ensuring that rising labor an…
