Microsoft plans to cut ‘thousands’ of jobs: source
(Reuters) – Microsoft Corp plans to cut “thousands” of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters.
Airbus says four canceled Qatar A350s to be reallocated
PARIS (Reuters) – Qatar Airways has canceled orders for four A350-900 aircraft due to delays in deliveries and they will be “reallocated,” Airbus said on Thursday.
New AIG executive to get $15 million sign-on bonus, $1.25 million salary
(Reuters) – American International Group Inc’s new global chief operating officer will receive an annual base salary of $1.25 million and a $15 million sign-on bonus, the largest U.S. commercial property and casualty insurer said in a filing on Thursda…
JPMorgan tops Canadian M&A activity in energy-driven first half
TORONTO (Reuters) – Canadian mergers and acquisitions rose about 13 percent to C$120.5 billion ($93.2 billion) in the first half of 2017, driven by big-ticket energy deals and robust cross-border activity, according to Thomson Reuters data released on …
Germany’s Innogy enters Californian electric car charging market
FRANKFURT (Reuters) – Innogy , Germany’s biggest energy company, has set up a subsidiary in the U.S. state of California offering charging points for electric vehicles in competition with the top network ChargePoint.
Liberty Interactive to buy rest of HSN
(Reuters) – Liberty Interactive Corp said it would buy the remaining 62 percent of HSN Inc it does not already own in a deal that values the TV shopping network at $2.1 billion.
World-beating wealth props up Qatar against Arab sanctions
DUBAI/DOHA (Reuters) – A month after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic, trade and transport ties with Qatar, accusing it of backing terrorism, it is suffering from isolation but is nowhere near an economic cri…
Dish, Amazon chiefs discuss wireless partnership: WSJ
(Reuters) – Dish Network Corp Chief Executive Charlie Ergen and Amazon.com Inc head Jeff Bezos have discussed a partnership to enter the wireless business, the Wall Street Journal reported, citing people familiar with the matter.
U.S. private payrolls growth slows; jobless claims rise
WASHINGTON (Reuters) – U.S. private employers hired fewer workers than expected in June and applications for unemployment benefits last week increased for a third straight week, pointing to some loss of momentum in job growth as the labor market nears …
Symantec to buy Israeli cybersecurity firm Fireglass
SAN FRANCISCO (Reuters) – Symantec Corp is acquiring Israeli cybersecurity startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats.
