Bloomberg

Democratic senator Elizabeth Warren takes aim at Wells Fargo over fees for students

Elizabeth Warren is demanding that Wells Fargo & Co. be kicked off college campuses, a market the bank has said is among its fastest-growing.

Industry News

Morgan Stanley banker fired after maternity leave, writes CEO

A woman who says she was fired from Morgan Stanley without explanation 22 days after maternity leave wrote an open letter to the bank’s chief asking to be released from binding arbitration.

Industry News

Why Renault-Nissan’s Carlos Ghosn is still in jail and what it says about Japan

In court the 64-year-old said the agreements for deferred pay were non-binding “draft proposals” so didn’t need to be disclosed.

Industry News

Netflix needs to grow; why it has no choice

It’s a rational strategy to take advantage of a unique moment when competition is relatively subpar.

Industry News

Bangkok, world’s most-visited city, faces toxic smog battle

The Thai capital’s air turned gray and thick in recent days, particularly during mornings, as seasonal weather changes prevented pollutants such as exhaust fumes and factory smoke from dissipating.

World News

Apple contagion: iPhone sales dip casts shadow over chip manufacturer TSMC’s Q4 forecasts

The slump in iPhone sales has taken a toll on the chip manufacturer TSMC, which has now cut its Q4 revenue projections

Apple, Apple iphone sales, apple chipmaker, TSMC, 5G smartphones, latest news on apple iphones News

Apple could reduce hiring amid iPhone woes

Tim Cook, Apple’s chief executive officer, made the disclosure to employees earlier this month in a meeting the day after he penned a letter to investors about the company’s recent struggles, particularly in China.

Apple, iPhone woes, iPhones, china, Tim Cook, iPads, Los Angeles, China News

Audi is said to Plot Compact Crossover to Bolster E-Car Lineup

The car will be built at VW’s Zwickau factory in Germany and share technology with its sister brand to save cost, said the people, who asked not to be identified as the plan isn’t public.

Car News

Game of Thrones is coming to phones, thanks to Tencent

China’s largest social and media gaming company will be the sole distributor for Game of Thrones: Winter is Coming, developed by Yoozoo, Tencent said on its official WeChat account. It didn’t specify a launch date but sai

Industry News

Oil slips as America’s record output weighed against OPEC+ Curbs

Oil retreated near $52 a barrel as investors assessed surging U.S. production against output curbs pledged by some of the world’s top suppliers.

Markets News

UAE airline starts legal case against Abraaj founder Naqvi

The low-cost carrier said it began legal proceedings "through the filing of a misdemeanor case" in a court in Sharjah, the United Arab Emirates. "Air Arabia Group has investments outstanding with private equity firm Abraaj,"

Industry News

Microsoft pledges $500 million to boost affordable housing

Microsoft Corp. said it will spend $500 million to develop affordable housing and help alleviate homelessness in the Seattle area, responding to a growing regional housing crisis that has strained the finances of many lower-

Industry News

Brexit debate: Theresa May’s humbling offers a ray of hope

May promised to reach out to other parties in a “constructive spirit” to find a solution that has broad support. The 52-48 split in the 2016 referendum practically begged for a consensus-driven solution to delivering Brex

brexit, uk, theresa may News

Trade War में चीन को चिकन और फ्राइड राइस का सहारा, मंदी से निपटने का ये है प्लान

देर रात तक रेस्तरां खोले रखने की अपील. इससे लोग अधिक खर्च करेंगे और इकोनॉमी को सहारा मि

china, trade war, china trains chefs, chicken fried rice china, china economy crisis News

Fortnite vulnerability risked virtual currency, personal data of over 80 million users

Epic Games could not be immediately reached for comment but has a patch that offered new weapons and bug fixes detailed on its site.

Industry News

What does it take to become the next Elon Musk?

“Everybody wants to be the next Elon Musk -- the Chinese Elon Musk,” said Martin Eberhard, a co-founder of Tesla

Industry News

Sacred Games, Stranger Things, and more: How Netflix’s latest price hike could mean better content in future

“The rate hike is likely off increasing original programming traction and is probably supported by member behaviour models that assess perceived value of NFLX programming relative to traditional linear media channels.”

Industry News

Brexit Reaction: After Theresa May’s Brexit vote defeat, here are market players’ key takeaways on saga

After Britain witnessed the biggest defeat for any government in modern history in the voting down of Theresa May’s Brexit deal, finance professionals are positioning for what’s next.

British Prime Minister Theresa May, brexit, theresa may News

Airbnb makes a profit again in 2018 as IPO looms large

Airbnb Inc. said it made money for a second straight year, based on a common measure that excludes some expenses, as the online home-rental service prepares for an initial public offering.

Industry News

Google workers keep up fight on forced arbitration after walkout

Google said it has modified offer letters for new hires to include the change, which is reflected in a new company policy that declares sexual harassment and sexual assault claims aren’t required to go to arbitration.

Industry News

Apple, Intel persuade US patent office to enter Qualcomm fight

The U.S. Federal Trade Commission has agreed with Apple’s view of Qualcomm licensing practices, and a trial over the government’s antitrust case is in its second week in San Jose, California.

Industry News

World’s most valuable startup takes a hit from China’s slowdown

Bytedance Ltd., the world’s most valuable startup, barely met its 2018 revenue target after a sharper-than-projected slowdown in Chinese advertising growth, people familiar with the matter said.

Industry News

Huawei’s founder denies spying, praises `Great’ President Trump

Ren Zhengfei, the billionaire founder of Huawei Technologies Co., broke years of public silence to dismiss U.S. accusations the telecoms giant helps Beijing spy on Western governments and to praise Donald Trump for his tax cu

Industry News

Microsoft partners Walgreens to fend off Amazon in pharmacy business

Walgreens' deal with Microsoft will start with a pilot of digital health corners in as many as 12 stores this year

Industry News

Reverse swing! Foreign funds want Indian corporate debt, not sovereign bonds; here’s why

Global funds cut holdings of India’s sovereign securities by Rs 33.5 billion ($472 million) in the first two weeks of this year after selling Rs 11 billion in December, data from the Clearing Corporation of India shows.

Markets News

Here’s how you can walk away with Tesla Model 3 car for free

Tesla, which can ship updates to customers via over-the-air software upgrades, launched a "bug bounty" program in 2014 to reward researchers who uncover and report flaws.

Industry News

Crude oil halts drop near $51 a barrel on stockpile optimism and equity rebound

Oil halted its retreat near $51 a barrel on forecasts for a drop in U.S. inventories and as a rebound in equities signaled investor interest in risk assets was improving.

Commodities News
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