Tagged: Company coverage

Ericsson to buy Cradlepoint for $1.1 bln

Swedish Ericsson will buy U.S. wireless networking services provider CradlePoint for $1.1 billion to advance its 5G capabilities. Helena Soderpalm and Supantha Mukherjee reported the news for Reuters: Ericsson ERICb.ST has agreed to buy...

Jane Fraser takes helm at Citi

Jane Fraser, the new CEO of Citi, has become the first woman to lead a major Wall Street bank. C Nivedita and Noor Zainab Hussain from Reuters reported: Citigroup Inc C.N named consumer banking...

LVMH drops plan to acquire Tiffany

Luxury goods conglomerate LVMH has dropped its $14.5-billion offer for Tiffany amid the fallout of the coronavirus pandemic and a threat of U.S. sanctions. The AP’s Anne D’Innocenzio reported: Luxury goods giant LVMH is...

Bloomberg’s Eidelson wins Sidney Award

The Sidney Hillman Foundation announced Wednesday that Josh Eidelson of Bloomberg Businessweek has won the September Sidney Award for “Covid Gag Rules at U.S. Companies Are Putting Everyone at Risk.” The story showed that...

GM, Honda team up on future cars

GM and Honda have signed a preliminary partnership deal to work together on technology and vehicles. Ciara Linnane reported the news for MarketWatch: General Motors Co. and Honda Motor Co. Ltd. said Thursday they...