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Oil prices decline on weak Chinese data, U.S. pipeline problems

Oil prices fell on Thursday after data showed weak factory activity in China, with U.S. crude facing extra pressure after flows out of the Cushing, Oklahoma storage hub were disrupted because of reduced flows on a pipeline.



5 years ago

Mexican president talks with Canada's Trudeau, aims for progress on trade

Mexican President Andres Manuel Lopez Obrador said he talked with recently reelected Canadian Prime Minister Justin Trudeau on Thursday, congratulating him on his win and agreeing to keep working toward passage of a new North American trade deal.



5 years ago

Pinterest quarterly revenue, forecast disappoint; shares plunge

Pinterest Inc fell short of Wall Street estimates for quarterly revenue on lower-than-expected average revenue per user and its revised full-year sales forecast came marginally below expectations, sending its shares tumbling 20%.



5 years ago

Qantas says cracks found in three 737 NG jets, will minimize customer impact

Qantas Airways Ltd said on Friday it found structural cracks in three of its Boeing Co 737 NG planes after conducting earlier-than-required checks of its aircraft as part of a global issue with the model.



5 years ago

WeWork, former CEO Adam Neumann accused of pregnancy discrimination

The former chief of staff to ousted WeWork CEO Adam Neumann has accused him and the company of discrimination, saying she was belittled for getting pregnant, forced out of her job in favor of a man making more than twice her salary when she took maternity leave and ultimately fired for raising concerns.



5 years ago

New Wells Fargo CEO says he wants to fix problems, isn’t a 'wallflower'

Wells Fargo & Co’s new chief executive, Charlie Scharf, told employees this week he is more hands-on in his early days than at his previous CEO roles in order to tackle the bank’s regulatory and operational problems as staff grilled him about everything from growth targets to his family dog.



5 years ago

American Airlines flight attendants stand up to Boeing CEO on 737 MAX

American Airlines' flight attendants union still has safety concerns about the Boeing 737 MAX and is demanding an active role in the relaunch of the grounded aircraft, its president told Boeing Co's chief executive in a letter seen by Reuters.



5 years ago

Hudson's Bay shareholder Catalyst opposes go private deal

Hudson's Bay Co shareholder Catalyst Capital Group Inc has opposed an agreed deal by the struggling Canadian department store operator with a group led by executive chairman Richard Baker to be taken private.



5 years ago

U.S. prosecutors file new charges in UAW corruption case

A United Auto Workers official was charged on Thursday with embezzling hundreds of thousands of dollars in an alleged scheme that a person familiar with the case said involved union President Gary Jones.



5 years ago

Exclusive: Government officials around the globe targeted for hacking through WhatsApp - sources

Senior government officials in multiple U.S.-allied countries were targeted earlier this year with hacking software that used Facebook Inc's WhatsApp to take over users' phones, according to people familiar with the messaging company's investigation.



5 years ago

Facebook sued for age, gender bias in financial services ads

Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.



5 years ago

Hudson's Bay going private deal faces Catalyst hurdle

Hudson's Bay Co shareholder Catalyst Capital Group Inc has opposed an agreed deal by the struggling Canadian department store operator with a group led by executive chairman Richard Baker to be taken private.



5 years ago

Oil prices stabilize, but set for big weekly loss amid trade gloom, rising output

Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain future demand.



5 years ago

Canada denies sharing Huawei CFO Meng's devices details with FBI: court documents

The Canadian attorney general has filed affidavits asserting that information identifying Huawei Chief Financial Officer Meng Wanzhou's electronic devices was not shared with the United States Federal Bureau of Investigation (FBI) during her December 2018 arrest in Vancouver, court documents showed on Thursday.



5 years ago

Asian shares slip on trade deal worry, dollar defensive

Asian shares fell on Friday in a weak start to the month and off three-month highs struck this week on fresh concerns over Sino-U.S. trade prospects and ahead of U.S. economic data, while the dollar eased against major rivals.



5 years ago