Qualcomm rejects Broadcom’s revised buyout offer
(Reuters) – Chipmaker Qualcomm Inc said on Thursday its board had unanimously rejected Broadcom Ltd’s revised $121 billion buyout offer.
Ford has applied for German banking license due to Brexit: Frankfurter Allgemeine
FRANKFURT (Reuters) – U.S. carmaker Ford has applied for a banking license in Germany to ensure its car financing business can continue on the continent once Britain leaves the European Union, a German newspaper said.
U.S. airlines cut involuntary passenger bumping to lowest rate on record
NEW YORK (Reuters) – U.S. airlines reduced the number of passengers involuntarily bumped from their seats on crowded planes to the lowest number on record in 2017, the U.S. Department of Transportation said on Thursday.
Wall Street swoons again as sell-off deepens
NEW YORK (Reuters) – U.S. stocks tumbled anew on Thursday in another trading session with big swings, as investors remained on edge after several days of volatile trading.
Uber board got assurances on diligence ahead of self-driving deal: investor
SAN FRANCISCO (Reuters) – A key Uber investor testified on Thursday that the company’s board received assurances that due diligence had turned up no problems with a self-driving car startup which Uber acquired, differing from testimony by Uber’s former…
Twitter surprises with revenue turnaround, shares surge
(Reuters) – Twitter Inc on Thursday delivered its first quarterly profit and an unexpected return to revenue growth helped by expansion outside the United States, pushing shares in the social network to more than two-year highs.
Wall Street tumbles again as selloff deepens
(Reuters) – U.S. stocks tumbled anew on Thursday on fresh concerns over rising bond yields, as investors remained on edge after several days of volatile trading.
China’s HNA to sell U.S. properties worth $4 billion: Bloomberg
(Reuters) – China’s aviation-to-financial services conglomerate HNA Group Co [HNAIRC.UL] is putting up for sale commercial properties worth $4 billion in New York, Chicago, San Francisco and Minneapolis, in efforts to avert a liquidity crunch, Bloomber…
Wall Street sinks again as bond yields rise
(Reuters) – The Dow Jones Industrial Average sank another 500 points on Thursday as a renewed rise in U.S. bond yields and fears of higher inflation unnerve investors still piecing over a historic drop earlier this week.
U.S. senators ask consumer watchdog head for details on Equifax probe
WASHINGTON (Reuters) – A group of 31 U.S. senators said on Thursday they had written to the leadership of the Consumer Financial Protection Bureau (CFPB) demanding information on the consumer watchdog’s stalled probe into credit reporting agency Equifa…
