WeWork to divest all non-core businesses
The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan.
The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan.
The White House is "very optimistic" it will reach a so-called phase one trade pact with China before the end of the year, a senior administration official said on Friday, adding that a deal would likely be struck before more tariffs take effect in mid-December.
Tesla Inc Chief Executive Officer Elon Musk and noted short-seller David Einhorn mocked each other in open letters published on Twitter on Friday, trading barbs clothed in polite language.
Southwest Airlines and American Airlines Group Inc said on Friday they are extending Boeing 737 MAX cancellations until early March, just shy of the one-year anniversary of an Ethiopian Airlines crash of the jet that led to a worldwide grounding.
E-commerce giant Amazon.com Inc's long-serving executive Steve Kessel will leave the company after 20 years, a company spokesperson told Reuters on Friday.
WeWork owner The We Company disclosed data on Friday that showed expansion of its office-sharing business was almost doubling in size from a large pipeline of leases even as the money-losing company plans to slash costs and reduce its headcount.
Mavennet and US Department Homeland Security | Patrick Mandic | Nov 6, 2019 WASHINGTON – The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded $182,700 to Toronto-based Mavennet Systems, Inc. to adapt its oil and gas industry blockchain security technology for Custom Border Protection (CBP) to track cross-border oil imports. “Accurately tracking
Asian stocks retreated from six-month highs on Friday as conflicting signals from China and the United States on progress made in trade talks deflated market hopes of a near term truce to end their damaging tariff war.
The massive Keystone pipeline has been transporting oil from Canada to the United States at a higher-than-standard level of pressure since it started operating in 2010, thanks to a special permit granted by U.S. regulators on the condition operator TC Energy Corp would monitor the line closely.
The value of the cost savings announced in the planned merger between Peugeot owner PSA and Fiat Chrysler is nominal, and its management will try to improve that over time, PSA's chief executive told French BFM Business radio on Friday.
Leasing giant GECAS, the aircraft leasing subsidiary of General Electric , has ordered 25 Airbus aircraft including a rare purchase of jets powered by GE's rival engine maker Rolls-Royce, two people familiar with the matter said.
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, two people with direct knowledge of the matter told Reuters.
Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world's biggest oil company, the head of Japan's largest refiner said on Friday.
Alibaba Group will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance by American popstar Taylor Swift to top it all, as it pushes to rake in another record Singles' Day sales.
Italian carmaker Fiat Chrysler will be able to "seize great opportunities" from a merger with Peugeot owner PSA , its chairman John Elkann said on Friday.