Altria will write off $4.5 billion from its investment in e-cigarette maker Juul amid the ongoing vaping scandal in the U.S. and Juul’s own troubles with the law. CNN’s Paul R. La Monica reported...
Twitter has decided to ban all political advertising on its platform beginning in late November. Irina Ivanova had the news for CBS: Twitter is halting all political advertisements across its social media platform starting...
Fiat Chrysler and Peugeot are discussing a possible tie-up. Giulio Piovaccari and Sudip Kar-Gupta reported the news for Reuters: Fiat Chrysler (FCHA.MI) and Peugeot owner PSA (PEUP.PA) are in talks over a potential tie-up...
A number of large carmakers have declared their support for the Trump administration in a lawsuit launched by an environmental organization aiming to allow California to set its own emissions rules. Tom Krisher and...
French luxury giant LVMH has offered $14.5 billion for Tiffany & co in what could become its biggest acquisition. Sarah White and Sudip Kar-Gupta reported the news for Reuters: LVMH, the world’s biggest luxury...
Jamie Heller, the business editor of The Wall Street Journal, sent out the following announcement on Friday afternoon: Hello everyone, We have several exciting moves to share in corp. Scott Austin has taken on...
The costs of faster deliveries have weighed on Amazon’s third-quarter profit, dragging it down 26%. Joseph Pisani had the news for the AP: Amazon’s push for faster delivery is hurting its profits. The online...
Tesla reported an unexpected profit for the third-quarter, with its share price soaring 20% on the news. Michael LIedtke reported the news for the AP: Tesla posted a surprising profit of $143 million in...
Google has announced a quantum processor had completed a calculation that would take supercomputers thousands of years in just a few minutes. Rachel Lerman and Matt O’Brien reported the news for the AP: Google...
Australia’s Qantas has successfully completed the world’s longest non-stop flight, from New York to Sydney. Stefica Nicol Bikes and Lidia Kelly had the news for Reuters: Australia’s flag carrier Qantas (QAN.AX) completed on Sunday...
