Global Business News for 6 Dec 2018
No more dinners with female colleagues. Avoid one-on-one meetings. Men are adopting controversial #MeToo strategies and making life even harder for women.
Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has... pulled down crude prices by 30 percent since October.
A buyout firm that was co-founded by Pro Football Hall of Fame quarterback Steve Young has settled a high-profile lawsuit that accused it of a massive fraud cover-up, The Post has learned. The truce... -- which settles allegations that Young's firm HGGC "falsified test results" at its company Citadel Plastics before selling it to manufacturer...
Oil prices recently hit 12-month lows. Opec wants to raise them, President Trump wants them lowered.
The Wall Street Journal reported earlier this year that U.S. authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran.
The US is seeking to extradite the firm's chief financial officer, Canadian authorities say.
Well-heeled shoppers are hoofing it to Saks Fifth Avenue. The luxury department-store chain on Wednesday reported a 7.3 percent gain in its quarterly comparable sales -- its strongest growth since the... retailer was bought by Toronto-based Hudson's Bay Co. in November 2013. "The rich are getting richer, helped by the tax cuts and the stock...
This may be "the first wave" of managers being held accountable for the phony accounts scandal; high prices discouraging cross-border acquisitions.
RH, which reported earnings that beat expectations, says it takes inspiration from three notable names: LVMH, Apple and Berkshire Hathaway.
Splits are deepening at the U.N. climate talks between rich and poor countries, oil exporters and vulnerable island nations, and those governments prepared for radical action on climate change versus... …
Add Patrick Corbin to the All-Star starting staff the Washington Nationals have assembled. A person familiar with the deal said the left-handed Corbin has agreed to a six-year contract with …
Automated routing and dispatch software company Wise Systems has raised $7 million, with Google's Gradient Ventures leading the round.
Sears Holdings Corp Chairman Eddie Lampert's ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday.
China promptly reacted with outrage after the news broke
More than half of California's nursing homes are asking to be exempted from new state regulations that would require them to spend more time directly caring for their patients. The state's new... staffing requirements for nursing homes, quietly passed in last year's budget bill, seem universally unpopular....
Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada for extradition to the United States fed fears of fresh... tensions between the two economic superpowers.
The U.S. Justice Department goes before an appeals court on Thursday to urge a three-judge panel to overturn a lower court ruling and order wireless carrier AT&T Inc to undo its $85.4 billion purchase... of entertainment company Time Warner, one of the largest media mergers ever.
Deutsche Bank will not raise provisions in connection with an investigation into separate money laundering investigations related to the Panama Papers and Danske Bank , a source with direct knowledge... of the matter said.
Sears Holdings Chairman Eddie Lampert's ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday. Sears, which had filed for bankruptcy protection... on Oct. 15, faces a Dec. 15 deadline to find a buyer to keep it in business, according to court papers.
The hunt for higher yields is all set to return to emerging markets in 2019, as central banks zealously guard their interest-rate advantage over the Federal Reserve.
GOQii seeks to launch local presence across Japan and Malaysia through Mitsui
The Dow Jones Industrial Average is setting up for another down day as investor angst about U.S.-China relations and low oil prices weigh on sentiment
The chairman and largest investor in Sears Holdings is offering to buy the retailer out of bankruptcy, including 500 of its remaining stores.
Walgreens Boots Alliance said on Thursday it would partner with FedEx Corp to launch a next-day delivery service for prescription drugs nationwide, giving it a leg up as Amazon threatens to shake-up... the sector.
Walgreens is joining drugstore competitor CVS Health in expanding home deliveries for prescriptions nationwide, as stores continue adjusting to a retail world being made more customer-friendly by... online competition