Biotechnology start-up Ginkgo Bioworks said on Wednesday that it had raised a $350 million fund to more easily invest in spinout ventures that use its bio-engineering technology in a variety of industries that are just starting to use cutting edge biology.
A senior management shake-up at Renault is on the cards, a source close to the French government, a major shareholder in the carmaker, said on Wednesday after a newspaper reported that CEO Thierry Bollore was set to be replaced.
Vodafone will shut 15% of its 7,700 stores and upgrade some of the remaining outlets as customers buy more online and change their expectations of in-store shopping, chief executive Nick Read said on Tuesday.
A rally in technology stocks boosted Wall Street on Wednesday, as investors cheered media reports signaling an ease in trade tensions between the United States and China ahead of high-level talks starting Thursday.
Facebook chief executive Mark Zuckerberg will testify before the U.S. House Financial Services Committee on Oct. 23 as the company faces growing scrutiny from U.S. lawmakers.
Fitbit Inc will manufacture all its trackers and smart watches outside China from January, the wearable device maker said on Wednesday, the latest U.S. company looking to insulate itself from tariffs.
Andreessen Horowitz | Anish Acharya In 2006, LendingClub introduced a then-novel business model: the ability to offer online personal loans to millions of underserved customers. The peer-to-peer lender was a media and investor darling, hailed as a tech-enabled alternative to traditional banks. When LendingClub went public in 2014, it was valued at $8.5 billion, the
Wall Street rose on Wednesday on the back of gains in technology stocks, as investor sentiment was boosted by reports indicating an ease in trade tensions between the United States and China ahead of pivotal talks on Thursday.
Hungarian energy firm MOL is in talks to acquire Chevron's stake in a giant oilfield in Azerbaijan for more than $2 billion, according to three banking and industry sources involved in the process.
Stocks gained on Wednesday on a report that China could yet agree to a partial trade deal with the United States despite recent tensions, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever.
Hydraulic fracturing firm ProPetro Holding Corp on Wednesday announced a management shakeup, following an internal investigation into disclosure of electric frac equipment purchases and executive spending.
One of 17 U.S. states that sued to block a proposed $26.5 billion tie-up of Sprint Corp and T-Mobile US Inc agreed to drop the challenge after reaching a deal with the companies.
Surprised and upset by the U.S. blacklisting of Chinese companies, China has lowered expectations for significant progress from this week's trade talks with the United States, Chinese government officials told Reuters, even as President Donald Trump on Wednesday expressed fresh optimism.
A jury award that hit Johnson & Johnson with $8 billion in punitive damages for a case involving its anti-psychotic drug Risperdal highlights the risks of the drugmaker's all-or-nothing legal strategy, several legal experts told Reuters on Wednesday.
Southwest Airlines Co and Brazil's Gol Linhas Aereas said on Wednesday they had grounded a total of 13 Boeing Co 737 NG airplanes after U.S. regulators ordered urgent inspections last week.