U.S. antitrust enforcers are probing Altria Group Inc for potentially exerting influence over vaping maker Juul Labs Inc before winning approval for a big share buy, Altria said in a government filing on Thursday.
European labor unions have called on Peugeot owner PSA and Fiat Chrysler to avoid job cuts and factory closures as the two major carmakers prepare to tie the knot, underscoring worries about the $50 billion deal as the regional economy falters.
Cigna Corp raised its full-year earnings target on Thursday, after reporting a better-than-expected quarterly profit, boosted by its acquisition of pharmacy benefits manager Express Scripts last year.
A World Trade Organization (WTO) panel ruled on Thursday that Indian export subsidies are prohibited and should be removed, upholding a complaint brought by the United States.
World stock markets slid from 20-month highs on Thursday as uncertainty about a potential U.S.-China trade deal offset strong results from Apple and Facebook, while the dollar eased as investors mulled whether the Federal Reserve will cut rates further.
Estee Lauder Cos Inc cut its full-year profit forecast on Thursday as it expects to take a hit from the ongoing unrest in Hong Kong and a stronger dollar, taking the sheen off its better-than-expected results and sending its shares down 5%.
CNBC | Kate Rooney | Oct 24, 2019 Key Points A ruling by a federal judge this week pours cold water on some tech companies’ plans to quickly become a bank. The New York judge ruled that the Office of the Comptroller of the Currency, the regulator issuing the charters, didn’t have the authority to
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.
OPEC oil output has bounced in October from an eight-year low as a rapid recovery in Saudi Arabian production from attacks on oil plants more than offset losses in Ecuador and voluntary curbs under a supply pact, a Reuters survey found.
Thyssenkrupp will remain committed to its Steel Europe division, which faces 2,000 layoffs, a board member said on Thursday, just weeks before the conglomerate presents a new strategy for the division.
A new Congressional proposal calls for creating a bipartisan committee to tackle Social Security's funding issues. Some advocacy groups are worried that those plans could bring benefit cuts.
Altria Inc took a $4.5 billion hit from its investment in embattled electronic-cigarette maker Juul Labs Inc on Thursday, the latest setback for the startup as a regulatory crackdown on vaping threatens to upend the fast-growing industry.
India has asked Facebook-owned WhatsApp to explain the nature of a privacy breach on its messaging platform that has affected some users in the country, Information Technology Minister Ravi Shankar Prasad said on Thursday.
U.S. President Donald Trump on Thursday launched a broadside against the Federal Reserve and its chairman, Jerome Powell, saying the central bank's policies were hurting U.S. competitiveness.
Fiat Chrysler and Peugeot owner PSA plan to join forces in a 50-50 share merger to create the world's fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.