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Reuters: Business News

Elliott-target Pernod pledges to further improve governance 2019-01-18 07:52:50Pernod Ricard , the family-backed French spirits group under pressure from activist investor Elliott, will continue to improve its governance, it pled

Stock futures rise as trade hopes help sentiment 2019-01-18 07:49:13U.S. stock futures rose for the fifth straight day on Friday, building on hopes that a bitter trade war between the United States and China would be r

CVS, Walmart reach agreement on pharmacy contract after 2019-01-18 07:41:48CVS Health Corp and Walmart Inc said on Friday the world's largest retailer would remain part of CVS's network for commercial and Medicaid pharmac

A.J. Gallagher's 'clean coal' business draws ire of 2019-01-18 07:40:56Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co’s after a

Consumer giants spurn risks to chase online subscribers 2019-01-18 07:29:11Major consumer companies including Unilever , Procter & Gamble and Nestle are chasing consumers who want food and household goods delivered auto

Stocks bask in trade optimism, set for fourth 2019-01-18 07:26:14Global stocks jumped to their highest in more than a month on Friday after a report suggested progress toward resolving the trade dispute between the

Ghosn received $9 million improperly from Nissan-Mitsubishi JV: 2019-01-18 07:07:59Carlos Ghosn improperly received $9 million in compensation from a joint venture (JV) between Nissan Motor and Mitsubishi Motors, the Japanese automak

India's Sun Pharma tumbles on reports of fresh 2019-01-18 06:57:17Shares of Sun Pharmaceutical Industries Ltd plunged 13 percent on Friday to near six-year lows, hit by reports that a whistleblower filed a complaint

India's Sun Pharma asks regulator to examine media 2019-01-18 06:56:33Sun Pharmaceutical Industries Ltd on Friday asked India's capital markets regulator to look into a media report about an alleged complaint by a whis

Tesla to cut workforce by 7 percent, sees 2019-01-18 06:50:56Tesla Inc said it would cut thousands of jobs to rein in costs as it ramps up production of its crucial Model 3 sedan, and the electric car maker exp

Trump-Deutsche Bank links in sights of U.S. House 2019-01-18 06:25:36Democrats now in control of the U.S. House of Representatives are working out which House panels will take the lead in investigating President Donald

Foxconn cuts 50,000 contract jobs in China: Nikkei 2019-01-18 06:19:54Apple Inc's biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than

Christian Science Monitor |

Recession is a risk in 2019. But maybe 2019-01-10 09:07:12A number of key trends in the economy are positive, from wage growth to low interest rates. Some of the biggest wild cards are trade policy and centra

Stocks dive, again. Does Wall Street foresee a 2019-01-10 09:07:12After several strong years, stock markets look rattled as 2018 draws to a close. A mix of factors signal a heightened risk of a slowdown, but an outri

Where local residents help birth the businesses that 2019-01-10 09:07:12Often new businesses rely on financing from a top-down system where bankers call the shots. For places that feel left behind, often communities o

From hemp to organic foods, farm bill embraces 2019-01-10 09:07:12Passage of the farm bill is a rite of Congress that often borders on the arcane. But this year’s version signals how American farming is gradual

Post-layoffs, GM fights to keep tax credit for 2019-01-10 09:07:12A $7,500 tax incentive for buyers of electric vehicles is critical for General Motors as it ramps up production in the EV market. But some government

Qatar leaves OPEC, cementing distance with Saudi Arabia 2019-01-10 09:07:12Qatar will leave the world's largest consortium of oil producing countries in a bid to expand natural gas and oil drilling even as oil prices remain

Which fork in the road to take? Detroit 2019-01-10 09:07:12US carmakers appear poised to try two paths forward at once, building more SUVs and pickups, which the US market loves, to pay their way along a 

It’s a wide world of charity out there. 2019-01-10 09:07:12As ‘Giving Tuesday’ arrives, it’s a good time to think about charitable donations. Increasingly, average givers are focusi

Preparing for tech shift, GM cuts thousands of 2019-01-10 09:07:12The largest automaker in the US, General Motors, announced Nov. 26 that it would cut as many as 14,000 workers in North America. The cuts affect both

Instead of amplifying human biases, can algorithms help 2019-01-10 09:07:12The rising use of artificial intelligence has become one of the dominant trends in business. On the heels of that trend come questions about fairness

Ahead of Black Friday, market sees red 2019-01-10 09:07:12The Dow Jones Industrial Average dropped 600 points on Nov. 20 as tech companies and retailers face losses and an oil surplus pushed barrel prices low

Hard times in farm country coincide with a 2019-01-10 09:07:12Farmers are resourceful by necessity. But many face a test as a US-China rift undercuts their exports – a challenge familiar to those who weathe

Business News - UPI.com

Trump to unveil results of missile defense review 2019-01-16 22:41:30 President Donald Trump is set to unveil the results of the long-awaited missile defense review on Thursday.

Lockheed Martin wins $69 million contract to upgrade 2019-01-16 15:00:09 Lockheed Martin Corp. was awarded a $69 million contract for programming and reprogramming on all operational F-35s for the Air Force, Navy and Marin

Leidos awarded $9.7M contract for anti-IED surveillance support 2019-01-16 13:48:39 Leidos Inc. was awarded a $9.7 million contract in support of the Saturn Arch Arial Intelligence System, which the U.S. Army uses to monitor IED "ho

BAE contracted for repairs, upgrades on guided-missile destroyer 2019-01-16 13:44:47 BAE Systems received a $9.7 million contract for a scheduled Surface Incremental Availability on the USS Halsey, primarily for structural repairs and

MBDA's new MMP missile system successfully deployed in 2019-01-16 13:24:09 The MBDA Missile Systems' medium-range missile was successfully deployed in Mali by the French Army for the first time, the company announced.

Lockheed tapped for next Freedom-class littoral combat ship 2019-01-16 12:12:29 The U.S. Navy exercised a contract option with Lockheed Martin for construction of LCS 31, which the branch said completes it's acquisition strategy

Crude oil prices drop after API reported lower-than-expected 2019-01-16 09:13:03 Oil prices fell early Wednesday, likely a result of lower-than-expected draws in an API with traders awaiting official EIA inventory data later in th

Dow, Total part of group that raised $1B 2019-01-16 08:18:54 Some 30 companies including Dow, Total and other big makers of plastic raised $1 billion to contribute to cleaner ocean waters.

U.S., Japan participate in joint deployment in East 2019-01-15 13:51:13 The United States and Japan conducted a joint two-day deployment in the Indo-Pacific region for communication and maneuvering drills.

BAE signs $79.8M contract with Navy for Pacific 2019-01-15 13:48:00 BAE Systems has signed a five-year, $79.8 million contract to maintain and operate communications systems with the U.S. Navy across the Pacific and I

Raytheon taps Phoenix Products for Naval Strike Missile 2019-01-15 13:44:27 Raytheon Co. and Phoenix Products, Inc. signed a $1.6 million contract to produce Naval Strike Missile transport containers as part of a mentor-prote

USS Gravely becomes flagship of NATO maritime forces 2019-01-15 12:42:20 The USS Gravely was named the flagship for Standing NATO Maritime Group 1 during a ceremony in Copenhagen, Denmark.

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