Google Cloud names Thomas Kurian to replace CEO Diane Greene
Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc’s Google in the coming weeks, Greene announced in a blog post on Friday, after a tumultuous year for the business.
S&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq
The S&P 500 swung between gains and losses on Friday following conflicting reports on a U.S. trade deal with China, while weakness in chipmaker Nvidia weighed on the Nasdaq.
PG&E shares, debt rebound as regulator soothes bankruptcy fear
Shares of embattled utility PG&E Corp surged 37 percent on Friday as fears it could be bankrupted by potential liability from California’s deadliest-ever wildfire were assuaged by signs of support from a regulator.
Oil edges up in volatile session but headed for weekly loss
Oil traded up slightly in a volatile session on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices were set to for a weekly drop on underlying oversupply worr…
Dollar, U.S. yields slide on Fed official’s rate comments
The U.S. dollar weakened and Treasury yields pulled back on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while uncertainty over Britain’s exit from the European Union clouded currency and other markets….
Trump says China wants trade deal, U.S. may not impose more tariffs
U.S. President Donald Trump said on Friday that China had sent a list of things it was willing to do to resolve trade tensions with the United States and his administration may not have to impose further tariffs, but he added the situation was still no…
Viacom sets Netflix deal that augurs future strategy
Viacom Inc on Friday announced a multi-picture deal with Netflix , and promised to make more films and TV shows for other companies, further signaling that it will not directly take on big tech rivals that stream to consumers and will instead supply t…
Oracle veteran Thomas Kurian to replace Diane Greene as Google Cloud CEO
Former Oracle Corp product chief Thomas Kurian is replacing Diane Greene as chief executive of Alphabet Inc’s Google Cloud, according to a blog post https://cloud.google.com/blog/topics/inside-google-cloud/transitioning-google-cloud-after-three-great-y…
Oil edges up in volatile session as it heads for weekly loss
Oil traded up slightly in a volatile session on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices were set to for a weekly drop on underlying oversupply worr…
S&P, Dow rise after Trump comments on trade
The S&P 500 and the Dow gained on Friday, after U.S. President Donald Trump said that the United States may not need to impose further tariffs on Chinese imports as the world’s two largest economies continue to work on an agreement to eliminate trade tensions.
