Citi fires eight Hong Kong traders after review finds misconduct: sources
Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an internal probe revealed misconduct in their dealings with clients, people with knowledge of the matter said.
Apple’s Cook to China: keep opening for sake of global economy
Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute.
AT&T, Viacom continue contract negotiations past deadline
MTV, Nickelodeon, Comedy Central and other Viacom Inc channels were still available on AT&T Inc’s DirecTV satellite TV service on early Saturday morning as the companies continued to hash out a new carriage contract.
U.S. airlines sending teams to review Boeing 737 MAX upgrade this weekend
The three U.S. airlines that own Boeing Co’s 737 MAX are meeting the U.S. manufacturer this weekend to review a software upgrade for the jet that has suffered two fatal crashes in five months, officials from the airlines told Reuters.
Philip Morris says Canadian unit RBH granted creditor protection
Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec this month.
Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point
As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings.
Viacom, AT&T negotiations weigh on possible CBS tie-up: sources
Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said.
Musk’s lawyers call tweet in SEC’s contempt bid ‘not material’
Elon Musk’s lawyers said that the U.S. Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt, and the tweet prompting its contempt motion was both proper and “not …
U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy
A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months.
Allergan promises independent board chair in next leadership change
Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker responds to calls from hedge fund Appaloosa LP to separate the roles of chairman and chief executi…
