Asian stocks shaky as Sino-U.S. trade optimism retreats
Asian stocks struggled for traction on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer deflated some optimism that China and the United States were closing in on a trade deal.
Apple self-driving car layoffs give hints to division’s direction
Apple Inc said on Wednesday it planned to lay off 190 employees in its self-driving car program, Project Titan, changes that provide a rare window into the automotive technologies the company has been pursuing.
Asian stocks slip as trade optimism retreats, dollar holds gains
Asian stocks slipped on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer dented some of the recent optimism toward Sino-U.S. trade relations, while the dollar held gains, supported by higher bond yields.
Apple to lay off 190 in self-driving car division
Apple Inc said on Wednesday it plans to lay off 190 employees in its self-driving car program, Project Titan.
Wells Fargo starts settlement talks with Justice Dept, SEC
Wells Fargo & Co said on Wednesday that it entered preliminary settlement discussions with the U.S. Department of Justice and the Securities and Exchange Commission over previously disclosed probes into its sales practices.
Southwest Airlines wins U.S. approval for Hawaii service
Southwest Airlines Co said on Wednesday it won approval from the U.S. Federal Aviation Administration to begin flying to Hawaii from California, clearing the way for the low-cost carrier to move forward with a key part of its 2019 growth plan.
Disney in talks with AT&T to buy WarnerMedia’s Hulu stake: Variety
Walt Disney Co is actively pursuing the purchase of WarnerMedia’s nearly 10 percent stake in Hulu, entertainment business news portal Variety reported on Wednesday, citing sources.
Global stocks slip after U.S. trade official’s comments but energy up
Global stock indexes ended with mostly slight losses on Wednesday after U.S. Trade Representative Robert Lighthizer said it was too early to predict an outcome in U.S.-China trade talks, although a jump in oil prices lifted shares of energy companies.
Wells Fargo talking to Justice Department, securities regulators about sales practice queries
Wells Fargo & Co is engaged in preliminary exploratory resolution discussions with the U.S. Department of Justice and the U.S. Securities and Exchange Commission about inquiries into its sales practices, the bank said on Wednesday.
FAA says Southwest Airlines can begin Hawaii service
Southwest Airlines Co has won approval from the U.S. Federal Aviation Administration to begin flying to Hawaii from California, the carrier said on Wednesday, clearing the way for the long-awaited new service.
