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Facebook agrees to provide additional documents in California AG data privacy probe

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.



5 years ago

GM's electric pickup to hit dealer showrooms in fall 2021: CEO

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.



5 years ago

U.S House Democrats see progress on USMCA, passage still possible this year

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.



5 years ago

Pelosi says progress was made on USMCA in meeting with Lighthizer

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.



5 years ago

U.S. senators urge Trump administration to halt Huawei license approvals

A bipartisan group of 15 U.S. senators urged the Commerce Department to suspend issuing licenses to U.S. firms that conduct business with China's Huawei Technologies Co, saying it could threaten U.S. security.



5 years ago

Exclusive: Unilever, Henkel and buyout funds eye bids for Coty's $7 billion beauty brands – sources

Consumer goods giants Unilever and Henkel and a series of buyout funds including Advent and Cinven are talking to U.S. cosmetics maker Coty to submit bids for some of its most popular beauty brands, three sources told Reuters.



5 years ago

Judge rejects U.S. move to disqualify states' lawyer in T-Mobile/Sprint lawsuit

A federal judge on Thursday rejected a U.S. government effort to disqualify a lawyer arguing for 15 states and the District of Columbia in their effort to block T-Mobile US Inc's planned $26.5 billion takeover of Sprint Corp .



5 years ago

Gap's Old Navy brand to exit China in early 2020

Gap Inc said on Thursday it would not sell its Old Navy apparels in China from early 2020 and instead would focus on its North America market to boost sales.



5 years ago

Nordstrom bucks trend of grim retail forecasts; share jump 10%

Nordstrom Inc raised its 2019 forecast unlike many competitors and reported third-quarter profit above Wall Street expectations on Thursday, sending the retailer's shares up about 10% in extended trading.



5 years ago

Microsoft granted license to export 'mass market' software to Huawei

Microsoft Corp on Thursday said it has been granted a license to export software to Huawei Technologies Co Ltd.



5 years ago

JPMorgan lowers account minimum, expands free trades for You Invest

JPMorgan Chase & Co said Thursday it is giving free online trades to more customers and lowering the amount of money needed to open one of its robo-adviser accounts, as firms across the industry bow to pressure to reduce fees and account minimums.



5 years ago

House Democrats see progress on U.S.-Mexico-Canada trade deal, passage possible this year

U.S. House Democrats said on Thursday they ironed out some differences with the White House over a trade agreement with Canada and Mexico, and Congress could still vote on the deal - one of President Donald Trump's top priorities - this year.



5 years ago

Gap's quarterly profit beats; says plan to split Old Navy in place

Apparel retailer Gap Inc nudged past tempered quarterly profit expectations and reiterated its plan to separate Old Navy from the namesake brand.



5 years ago

Financial advisors need to put cybersecurity plans to the test

Advisory firms constantly face cybersecurity risks from phishing to ransomware and email viruses. And the only way to tell if they are ready to ward off these scams is to regularly put their systems to the test.

5 years ago

Lowe's calms nerves with profit forecast raise after Home Depot sales warning

Lowe's Cos Inc raised its annual profit forecast on Wednesday, helping ease concerns over the health of the U.S. consumer after larger rival Home Depot Inc cut its full-year sales estimates ahead of the all-important holiday season.



5 years ago