JPMorgan Chase & Co has told financial technology companies they will be barred from accessing its customer information by July 30 unless they sign data access agreements with the bank and back a plan to stop using customer passwords to gather the data.
Venezuela's state-run oil company PDVSA this week plans to discharge nearly 1 million barrels of crude stranded for over a year at sea over U.S. sanctions against the company and an ownership dispute with its refining unit, Citgo Petroleum, according to internal documents viewed by Reuters.
Mattel Inc on Thursday beat estimates for quarterly profit as it benefited from a robust cost-cutting program, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls.
Nvidia Corp on Thursday forecast first-quarter revenue that topped Wall Street expectations, powered by sales of its chips to cloud computing vendors, even as it projected a $100 million hit from the coronavirus outbreak.
A U.S. judge on Thursday granted Amazon.com Inc's request to temporarily halt the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal that Amazon says reflected undue influence by President Donald Trump.
U.S. prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the U.S. battle with the world's largest telecommunications equipment maker.
"They've got to figure out a way that they become part-software, part-car" company, NYU professor Aswath Damodaran told CNBC.
The U.S. government's antitrust victory over chip supplier Qualcomm Inc drew tough questions for the Federal Trade Commision from a panel of three appellate judges in San Francisco on Thursday.
Mattel Inc reported a rise in adjusted quarterly profit on Thursday as the company kept a tight leash on costs, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls.
Wall Street lost ground on Thursday, backing away from record highs as investors digested new coronavirus developments and mixed corporate earnings.
"Business owners are telling us revenues are down 40% in Chinatown," said Gregg Bishop, commissioner of New York's Department of Small Business Services.
Nestle Chief Executive Mark Schneider will fine-tune his transformation plans with more acquisitions, he said after the Swiss food group lowered growth expectations on Thursday.
Airbus has teamed up with the Quebec government to buy Bombardier's 33.5% stake in the A220 passenger jet program, completing the Canadian firm's exit from civil aviation and boosting Airbus's position in a new battleground with Boeing.
Insurer American International Group Inc on Thursday reported a quarterly profit that beat estimates, as the company booked an underwriting income in its general insurance business.
Southwest Airlines on Thursday extended cancellations of 737 MAX flights through early August as the grounding of the Boeing Co jet drags on, potentially affecting the carrier's profits during the upcoming U.S. summer travel season.