Tagged: Company coverage

Boeing extends factory shutdown

Boeing has extended the shutdown of its Seattle manufacturing site until further notice. Leslie Josephs reported the news for CNBC: Boeing is extending production shut down at its Seattle-area airplane factories “until further notice”...

Xerox Drops Bid for HP

Xerox has pulled its hostile takeover bid for peer HP because of the general business uncertainty created by the coronavirus outbreak. Ron Miller reported the news for TechCrunch: Xerox announced today that it would...

Raytheon, UTC tie-up wins regulatory approval

The Department of Justice has given the green light to the merger between Raytheon and United Technologies Corporation. Reuters’ Diane Bartz reported: The U.S. Justice Department has approved United Technologies Corporation’s planned merger with...

U.S. airlines ask for aid package

U.S. airlines have asked the government for an aid package that could top $50 billion. AP’s David Koenig reported: With each day that the coronavirus outbreak spreads and claims more lives, the damage to...

Australia sues Facebook for user data breach

Australia’s Information Commissioner filed a lawsuit against Facebook alleging the tech giant breached privacy laws. Byron Kaye reported the news for Reuters: The Australian privacy regulator filed a lawsuit against Facebook Inc accusing the...