Tesla’s top lawyer leaves two months into the job
Tesla Inc said on Wednesday its general counsel Dane Butswinkas is leaving the electric carmaker just two months into the job, the latest in a string of top-level departures at the company.
Factbox: Tesla executive departures since 2016
Tesla Inc on Wednesday announced the departure of its general counsel Dane Butswinkas, just two months into the job, the latest in a string of senior level exits from the electric carmaker.
UBS slams French verdict in tax evasion trial
UBS slammed a French court verdict on Wednesday ordering the Swiss bank to pay 4.5 billion euros ($5.10 billion) after finding it guilty of aiding tax evasion.
CVS Health’s forecast points to more pain at long-term care business
CVS Health Corp blamed weakness in its long-term healthcare business for a shortfall in its full-year profit forecast, indicating more troubles at the unit it bought about four years ago.
Oil falls after record U.S. shale output forecast
Oil fell on Wednesday after the U.S. government said shale output would rise to a record next month, denting a rally that sent prices to their highest this year.
Southwest cuts growth forecast on government shutdown pain
Southwest Airlines Co cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and a $60 million hit to first-quarter sales from the longest partial U.S. government shutdown.
French court fines UBS 4.5 billion euros in tax fraud case
A French court on Wednesday found Swiss bank UBS AG guilty of illegally soliciting clients in France and laundering the proceeds of tax evasion, and ordered it to pay 4.5 billion euros ($5.1 billion) in penalties.
UBS to appeal against French court ruling
Swiss bank UBS will appeal against a French court’s ruling that found it guilty of laundering the proceeds of tax evasion, said UBS’ general counsel.
UBS ordered by court to pay French state 800 million euros in damages
A French court on Wednesday ordered UBS to pay the French state 800 million euros ($907 million) in damages, after finding UBS guilty of laundering the proceeds of tax fraud.
Saudi Aramco to decide in first half on financing SABIC buy: CEO
Saudi Aramco said on Wednesday it expects to decide by mid-2019 how to finance the acquisition of Saudi Arabian Basic Industries Corp (SABIC).
