Huawei says will fight U.S. prosecutors’ motion to disqualify its lawyer
Huawei Technologies said it will “vigorously oppose” a motion filed by U.S. prosecutors on Thursday to disqualify its lead defense lawyer from a case accusing the Chinese company of bank fraud and sanctions violations.
Australian taxi drivers sue Uber over ‘illegal operations’
A law firm has filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the world’s largest ride-hailing company of operating illegally and harming them financially.
Buffett says Berkshire Hathaway, finally, has invested in Amazon.com: CNBC
Warren Buffett said Berkshire Hathaway Inc has bought shares of internet retailing giant Amazon.com Inc for the first time, though he has not been the one doing the buying, CNBC reported on Thursday.
Moore, under fire, withdraws from bid for Fed post
Economic commentator Stephen Moore has withdrawn from consideration for a seat on the U.S. Federal Reserve Board after weeks of criticism about his political partisanship, shifting views on interest rate policy, and sexist comments about women.
Asian markets calm as investors await U.S. jobs report
Asian share markets were subdued on Friday amid thin holiday trade although the dollar found support as investors pared expectations for a U.S. rate cut this year while oil prices loitered near one-month lows on oversupply fears.
Facebook’s settlement with U.S. regulators likely to include WhatsApp: WSJ
Facebook Inc’s potential settlement with U.S. regulators over breaches of consumer data privacy is nearing completion, and the agreement will likely include its WhatsApp messaging service, the Wall Street Journal reported on Thursday, citing people fam…
U.S. Justice Department asks for hearing in Qualcomm antitrust case
The U.S. Department of Justice’s antitrust division asked a federal judge on Thursday to hold a hearing on any possible remedies to be imposed if mobile chip supplier Qualcomm Inc is found liable in an antitrust lawsuit brought by the U.S. Federal Trad…
Berkshire Hathaway has been buying Amazon shares: CNBC
Berkshire Hathaway Inc has been buying shares of Amazon.com Inc, according to Chief Executive Officer Warren Buffett, CNBC reported on Thursday.
Trump Fed pick says he would win Senate backing if debate were over policy
President Donald Trump’s pick for a Federal Reserve Board seat, economic commentator Stephen Moore, said on Thursday he would win the Senate’s needed backing for the post if the debate over his prospective nomination were about policy, Bloomberg Televi…
Elon Musk owes $507 million to banks helping Tesla raise capital
Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday.
