Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a $410 million expansion at the Alabama plant.
Oilfield services firm ProPetro Holding Corp on Wednesday said a board investigation had uncovered material weaknesses in its financial controls and an undisclosed related-party transaction with its former chief accountant.
Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying to resist any type of regulation by stirring up racial tensions.
Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding land in Utah's Uinta Basin acquired as part of its $38 billion deal for Anadarko Petroleum, according to a marketing document seen by Reuters.
A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp , a company whose chief recently served as deputy at the department, won a federal contract to demonstrate a production method for a new nuclear power plant fuel.
UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to remain competitive.
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Google will become the latest technology company to wade into banking with the search giant set to offer checking accounts next year, a source says.
European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to "substantially" increase tariffs if China failed to agree a trade deal, and he also took a swipe at European Union trade policies.
Unilever named Danish businessman Nils Andersen as chairman on Wednesday, hoping his experience of consumer goods and logistics will help the group navigate a slowdown in its biggest markets and re-energize its foods business.
Alphabet Inc's Google will offer checking accounts to customers starting next year in a finance push, the Wall Street Journal reported on Wednesday.
German Economy Minister Peter Altmaier said on Wednesday that U.S. electric vehicle pioneer Tesla's announcement that it will build its first European factory near Berlin was a result of Germany being renowned as a carmaking hub.
Takeaway.com Chief Executive Jitse Groen said on Wednesday he did not intend to increase a 4.3 billion pound ($5.5 billion) offer for Britain's Just Eat , despite a higher unsolicited bid from larger rival Prosus .
Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday.
Britain missed its chance to host the first European factory of U.S. electric vehicle pioneer Tesla because of Brexit, Chief Executive Elon Musk said in remarks reported on Wednesday.