WeWork said on Thursday it is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilize its business after it transformed from a Wall Street darling into a pariah in a matter of weeks.
Saudi Aramco's initial public offering (IPO) has attracted approximately 73 billion riyals ($19.47 billion) in institutional and retail orders so far, Saudi Arabia's Samba Financial Group said on Thursday.
U.S. Transportation Secretary Elaine Chao on Thursday granted final approval for an expanded trans-Atlantic joint venture for Delta Air Lines Inc , Air France KLM SA and Virgin Atlantic.
A possible purchase by brokerage giant Charles Schwab Corp. of rival TD Ameritrade reflects a more relaxed mood under Trump administration regulators, which has helped unleash other big-ticket takeovers in the financial sector, analysts said.
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%.