Daimler, BMW exiting North American car-sharing market
BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market and will halt operations in Montreal, New York, Seattle, Washington D.C. and Vancouver.
BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market and will halt operations in Montreal, New York, Seattle, Washington D.C. and Vancouver.
Swatch Group threatened on Wednesday to pursue damages after it said the Swiss competition authority COMCO wants to prohibit the world's biggest watch maker from supplying watch mechanisms to other companies during 2020.
The dollar gained on Wednesday as improving economic data squashed the likelihood of a Federal Reserve interest rate cut in 2020, while a rally in global equity markets wavered as financials shares slipped.
The S&P 500 was little changed on Wednesday, hovering around all-time highs, as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares.
The U.S. Securities and Exchange Commission (SEC) said on Wednesday that MetLife Inc. has agreed to pay $10 million to settle securities violations.
Asian shares edged higher on Thursday amid growing confidence in the global outlook following improving economic indicators and a preliminary trade deal between the United States and China.
The New Zealand dollar bounced from a one-week low on Thursday after the country's third quarter economic growth came in stronger than expected while greenback traders awaited a vote to impeach U.S. President Donald Trump.
All 29 McDonald's Peru locations will remain closed until its local operator Arcos Dorados Holdings Inc completes inspections following the deaths of two teenaged employees at the weekend, the franchisor said in a statement on Wednesday.
The S&P 500 ended a five-day winning streak on Wednesday as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares, but the benchmark index managed to hover near all-time highs.
Dish Network Corp Chairman Charlie Ergen testified on Wednesday that the Justice Department's antitrust chief advised him on June 10 to ask a senator to speak to the Federal Communications Commission about approving a key piece of the merger of wireless carriers T-Mobile and Sprint .
The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies.
U.S. homesharing site Airbnb will get a better idea of how it should be labeled when Europe's top court rules on Thursday on the tricky question of whether it is an online booking service or a real estate agent subject to onerous rules.
Tariffs and trade tensions are a huge source of worry for U.S. companies, with nearly half of Fortune 500 companies referencing such concerns during last quarter's earnings calls, the U.S. Chamber of Commerce said on Thursday.
Insurer MetLife Inc. will pay $10 million to settle with U.S. regulators over longstanding internal controls failures, the Securities and Exchange Commission (SEC) said on Wednesday.
BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market, with the joint venture partners halting operations in Montreal, New York, Seattle, Washington, D.C., and Vancouver, as they focus on the European market.