[ad_1] (Reuters) – SoftBank Group agreed to spend more than $10 billion to take over WeWork on Tuesday, doubling down on an ill-fated investment and giving a near $1.7 billion payoff to the U.S. office-space
[ad_1] NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday as investors shrugged off lackluster quarterly reports from industrial bellwethers Boeing Co (BA.N) and Caterpillar Inc (CAT.N), though a lower-than-expected revenue outlook from Texas
[ad_1] FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019.
[ad_1] WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) must work to restore “public confidence” in aircraft certification efforts after two deadly Boeing 737 MAX crashes, the U.S. Transportation Department’s inspector general said on Wednesday
[ad_1] NEW YORK (Reuters) – World stock indexes were flat to lower on Wednesday with a disappointing forecast from Texas Instruments dragging down chipmaker shares, while the British pound inched up as European Union leaders
[ad_1] ZURICH (Reuters) – ABB’s (ABBN.S) profit fell by less than expected in the third quarter, lifting its shares on Wednesday, although the Swiss engineering company said conditions were weakening in the United States and
[ad_1] WASHINGTON (Reuters) – Facebook Inc CEO Mark Zuckerberg sought to reassure skeptical U.S. lawmakers on Wednesday that the company’s planned digital currency Libra would be a force for good that could reduce costs for
[ad_1] STOCKHOLM (Reuters) – Swedbank (SWEDa.ST) reported a bigger-than-expected drop in quarterly earnings on Wednesday, hit by the costs of hiring more compliance staff and dealing with the fallout of its alleged involvement in a
[ad_1] (Reuters) – Boeing Co (BA.N) cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo, piling new pressures on a rejigged senior management team on Wednesday as
[ad_1] MUMBAI (Reuters) – There is rising risk of contagion in India’s banking sector with many finance companies having lost more than half of their equity value in the past year, rating agency Standard &
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