EU court sends the KitKat case back to trademark office
A long-running legal battle between global chocolate giants over the shape of KitKat finger wafers was sent back to the EU’s trademark office on Wednesday after judges dismissed appeals by both companies.
Study warns of rising hacker threats to SAP, Oracle business management software
At least a dozen companies and government agencies have been targeted and thousands more organizations are exposed to data breaches by hackers exploiting old security flaws in management software, two cyber security firms told Reuters.
Fiat Chrysler’s Marchionne dies, shares dive on profit slide
Former Fiat Chrysler CEO Sergio Marchionne, who rescued the Italian and U.S. companies and built them into the world’s seventh-largest carmaker, has died, the news breaking moments before the group reported a heavy fall in profit on Wednesday.
Boeing cuts full-year forecast for defense business, shares fall
Boeing Co reported a better-than-expected profit on Wednesday, but cut its full-year forecast for margins in its defense business, citing higher costs in the KC-46 aerial refueling tanker program.
Coca-Cola results beat on higher Diet Coke, Zero Sugar demand
Coca-Cola Co topped Wall Street estimates for quarterly sales and profit on Wednesday, as more consumers reached out for its Zero Sugar brand and the new version of Diet Coke.
Fiat Chrysler CEO’s health crisis forced succession scramble
Former Fiat Chrysler Chief Executive Sergio Marchionne for more than a year assured investors that he and the automaker’s board were working on an orderly succession plan ahead of his expected departure in 2019.
Waymo self-driving cars to ferry Walmart shoppers in Arizona trial
Alphabet Inc’s Waymo is starting trials to ferry shoppers to Walmart Inc’s stores in Phoenix, Arizona, the company said on Wednesday.
Insurer Anthem profit beats estimates on lower patient costs
Anthem Inc reported a better-than-expected profit on Wednesday, driven by higher premiums and lower patient medical costs even as fewer people enrolled in its insurance plans.
Futures drop as Boeing, GM results disappoint
Disappointing reports from Boeing and General Motors pushed U.S. stock index futures lower on Wednesday, ahead of a closely watched meeting between President Trump and European Union officials on trade.
Trump tariffs bite into GM 2018 profit forecast, stock falls
General Motors Co on Wednesday lowered its full-year 2018 earnings forecast, citing higher steel and aluminum costs as a result of tariffs imposed by U.S. President Donald Trump’s administration, sending its shares down more than 5 percent in pre-mark…
