Audi Hungary workers to hold warning strike on Friday
- Workers at German carmaker Audi's plant in the Hungarian city of Gyor were to go on a two-hour warning strike on Friday as they try to force the company to narrow the wage gap between their salaries and those of Western and regional peers.
Thu, 17 Jan 2019 16:52:42 -0500
|
American Express misses estimates on higher provisions, expenses
- American Express Co missed Wall Street's fourth-quarter profit estimates on Thursday, hurt by higher expenses and provisions for credit losses.
Thu, 17 Jan 2019 16:51:41 -0500
|
Slack's product chief to step down
- Slack Technologies Inc's chief product officer, April Underwood, is leaving the messaging startup, at a time when the company is exploring a public listing later this year.
Thu, 17 Jan 2019 16:50:29 -0500
|
JPMorgan board raises Dimon's compensation to $31 million
- JPMorgan Chase & Co CEO Jamie Dimon is receiving a 5 percent raise, bringing his total compensation for 2018 to $31 million, the company said in a filing on Thursday.
Thu, 17 Jan 2019 16:42:39 -0500
|
Nissan to lay off 700 contract workers in Mississippi
- Nissan Motor Co Ltd's U.S. arm said on Thursday it plans to lay off up to 700 contract workers at its Mississippi assembly plant, citing slowing sales of its vans and Titan pickup trucks.
Thu, 17 Jan 2019 16:33:24 -0500
|
Netflix's fourth-quarter revenue misses estimates; shares slip
- Netflix Inc posted lower-than-expected quarterly quarter revenue on Thursday, despite a slate of original content the streaming pioneer released in the quarter including hit thriller "Bird Box", sending its shares down 3 percent.
Thu, 17 Jan 2019 16:31:46 -0500
|
Fitch says PG&E's bankruptcy will not hurt California's credit rating
- Fitch Ratings said on Thursday power company PG&E Corp's planned bankruptcy will not at this point hurt the credit quality of California.
Thu, 17 Jan 2019 16:22:46 -0500
|
Wall Street advances as industrials jump on trade hopes
- U.S. stocks advanced on Thursday as hopes of a resolution to the trade dispute between the United States and China boosted industrial shares and lifted investor sentiment.
Thu, 17 Jan 2019 16:22:16 -0500
|
Trian to skip PPG board challenge after new commitments: sources
- Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's demands and announced new financial targets, people familiar with the matter said on Thursday.
Thu, 17 Jan 2019 15:54:44 -0500
|
Bogle's legacy: Booming index funds with perhaps too much reach
- John "Jack" Bogle, the founder of index investment pioneer Vanguard Group Inc, changed Wall Street by convincing millions to turn away from mutual funds that actively pick stocks, but his legacy will also be shaped by the unintended consequences of index funds.
Thu, 17 Jan 2019 15:44:17 -0500
|
