Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion.
French media group Vivendi is prepared to sell part of its stake in Mediaset at a loss in an attempt to reach a deal to end years of bitter legal disputes with the Italian broadcaster, two sources close to the matter said on Thursday.
Exxon Mobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful of mega-projects, according to three banking sources.
The dollar rebounded and global equity markets pared losses on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks helped sooth investor sentiment, though fears remained that a phase one deal might not occur until next year.
Macy's Inc cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.
Xerox Corp on Thursday threatened to take its $33.5 billion buyout bid for HP Inc hostile, if the personal computer maker did not agree to a "friendly" discussion and open its books before Nov. 25.
Nordstrom Inc reported quarterly profit above Wall Street expectations on Thursday, as it sold more apparels at its off-price stores and kept inventories in check, sending the retailer's shares up about 10% after the bell.
U.S. stock indexes moved slightly lower on Thursday as investors moved to the sidelines with mixed messages and no concrete signs of progress on U.S.-China relations.
The dollar rebounded and global equity markets edged lower on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks helped sooth investor sentiment, though fears remained that a phase one deal might not occur until next year.
A Chinese antitrust regulator has approved Boeing Co's deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator's website.
Gap Inc on Thursday reported better-than-expected quarterly net sales, nearly two weeks after the retailer's longtime Chief Executive Officer Art Peck stepped down, sending its shares up 4%.
Facebook Inc has agreed to turn over additional documents after the California state attorney general's office went to court earlier this month to compel the social media firm to comply with requests for information in its privacy investigation.
General Motors Co's first electric pickup truck model will go on sale in the fall of 2021, the company's top executive said, around the same time that electric carmaker Tesla Inc's own model is expected to debut.
U.S. House Democrats said they ironed out some differences with the Trump administration on Thursday about a trade agreement with Canada and Mexico, and that Congress could still vote on the deal - one of President Donald Trump's top priorities - this year.
U.S. House Speaker Nancy Pelosi said on Thursday that progress was made on the U.S.-Mexico-Canada trade pact in a meeting she held with U.S. Trade Representative Robert Lighthizer and Richard Neal, the chairman of the House Ways and Means Committee.