Verizon says to shed 10,400 jobs by mid next year
Verizon Communications Inc said on Monday that about 10,400 employees will be leaving the U.S. wireless carrier by mid next year as part of the company’s voluntary separation program.
Dow, S&P dogged by growth worries; techs help Nasdaq bounce
Wall Street dropped on Monday, led by Apple Inc, financials and healthcare stocks, falling further after its biggest slide since March last week on worries over global growth, the China-U.S. trade war and uncertainty over the Brexit deal.
Exclusive: Ghosn wanted to retrieve cash, artwork from Rio apt – court filing
Ousted Nissan Chairman Carlos Ghosn sought to retrieve “personal belongings, documents, cash, objects and art pieces” from a Rio de Janeiro apartment that the carmaker says could contain evidence of financial misconduct, according to a Brazil court filing by Nissan last week.
GoPro to move U.S.-bound camera production out of China
GoPro Inc on Monday took the first steps to move most of its U.S.-bound camera production out of China by the summer of 2019 to counter the potential impact from any new tariffs.
Qualcomm wins preliminary China import ruling against some iPhone models
Chip supplier Qualcomm Inc on Monday said it had won a preliminary order from a Chinese court banning the sale of several Apple Inc iPhone models in China due to two patent violations around software features, though Apple said its phones remain availa…
Nutella maker Ferrero in race to buy Campbell’s international business: sources
Ferrero SpA is interested in buying Campbell Soup Co’s international business, which includes biscuit brand Arnott’s, two sources close to the matter said on Monday.
Apple leads futures lower again in volatile session
U.S. equity futures fell in a volatile session on Monday, with a drop in Apple Inc’s shares curbing the market’s attempts to stage a bounce back from its worst week since March on worries over global growth and the China-U.S. trade war.
Qualcomm wins import ban against several Apple iPhones in China
Qualcomm Inc on Monday said it had won a preliminary order from a Chinese court banning the importation and sale of several Apple Inc iPhone models in China that the court found violated two of Qualcomm patents.
GoPro plans to move U.S.-bound camera production out of China
GoPro Inc on Monday said it plans to move most of its U.S.-bound camera production out of China by the summer of 2019 to counter the potential impact from any new tariffs.
Stock selloff snowballs as investors price in slowing world economy
Losses on global stocks snowballed on Monday, with Wall Street set to follow Europe and Asia lower as fresh signs emerged that the U.S.-China trade spat was taking a deeper toll on world economic growth.
