Facebook says all directors elected, shareholder proposals rejected
BOSTON (Reuters) – All eight of Facebook Inc’s director nominees were elected at its annual meeting on Thursday, and all six shareholder proposals urging reforms, including to its voting structure and content oversight, were rejected, company executiv…
Walmart launches order-by-text service to challenge Amazon Prime
BENTONVILLE, Ark. (Reuters) – Walmart Inc is starting a new same-day delivery service where customers can place orders using a text message, another step in its effort to scale up its e-commerce offerings and compete with rival Amazon.com Inc .
SoftBank joins GM in self-driving car race; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent …
Goldman says second-quarter market activity decreased vs first quarter
(Reuters) – Goldman Sachs Group Inc President David Solomon said second-quarter market activity has decreased compared to the first quarter, when heightened volatility helped Wall Street banks record huge profits.
Wall St. slips as U.S. tariffs spark trade war fears
(Reuters) – U.S. stocks fell on Thursday after the United States moved to impose metal tariffs on imports from Canada, Mexico and the European Union, prompting a tit-for-tat response from some of its trading partners.
Wall Street slips as U.S. tariffs spark trade war fears
(Reuters) – U.S. stocks fell on Thursday after the United States moved to impose metal tariffs on imports from Canada, Mexico and the European Union, prompting a tit-for-tat response from some of its trading partners.
Deutsche Bank’s U.S. ops deemed “troubled” by Fed a year ago: WSJ
FRANKFURT (Reuters) – The United States Federal Reserve last year designated Deutsche Bank AG’s U.S. operations to be in “troubled condition”, The Wall Street Journal reported on Thursday, citing people familiar with the matter.
SoftBank joins GM in self-driving car push; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent …
BNP Paribas to cut international retail banking posts in Paris
PARIS (Reuters) – France’s BNP Paribas plans to cut 91 posts in Paris that deal with retail banking activities outside its key European markets, such as Poland, Turkey or on behalf of its U.S. subsidiary BancWest, the bank said on Thursday.
SoftBank invests $2.25 billion in GM’s self-driving cars; shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit, Cruise, the companies said on Thursday, announcing a deal that validates the venerable Detroit automaker’s leadership in self-driving ca…
