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Updated: 4 years 21 weeks ago
TV viewers seek out '13th' and other stories about race amid protests
Television series, movies
and documentaries about the experience of black people in the
United States have seen a surge in viewership amid public
demonstrations that focused new attention on racial
discrimination, according to industry data.
Categories: Business News
GLOBAL MARKETS-Asian stocks set to rise as drug trials, data push Wall Street higher
Asian stocks were set to
climb on Wednesday after another late Wall Street surge in
response to upbeat trial results for a COVID-19 treatment and
data showing U.S. consumers spent big in May.
Categories: Business News
UPDATE 3-U.S. Senate bill aims to improve aircraft certification after 737 MAX crashes
U.S.
senators introduced legislation on Tuesday that would strengthen
FAA oversight of aircraft certification following fatal Boeing
Co 737 MAX crashes, though a victim's father said the
bill, while a positive step, "still lacks teeth."
Categories: Business News
Transparency needed to restore trust after 737 MAX crashes -FAA chief
U.S. FAA chief Steve Dickson will tell a
Senate committee at a hearing on Wednesday that transparency is
key to restoring public trust in the agency and planemaker
Boeing Co in the wake of fatal 737 MAX crashes, according
to a copy of his written testimony seen by Reuters.
Categories: Business News
Tesla signs three-year pricing deal with battery cell maker Panasonic
Tesla Inc has signed a
three-year pricing deal with Japan's Panasonic Corp
relating to the manufacture and supply of lithium-ion battery
cells at the Gigafactory in Nevada, the electric carmaker
disclosed in a filing on Tuesday.
Categories: Business News
UPDATE 1-Texas could tighten some natural gas flaring rules by fall
Texas as early as this fall
could tighten some rules for the controversial practice of
natural gas flaring, the head of the state's regulatory
commission said on Tuesday.
Categories: Business News
MEDIA-Quibi in talks to bring streaming app to Roku, Amazon Fire TV - Variety
Categories: Business News
UPDATE 2-Oracle misses revenue estimates on virus-led order delays
Oracle Corp posted quarterly
revenue below Wall Street estimates on Tuesday as the
coronavirus crisis led clients in the hospitality, retail and
transportation sectors to postpone purchases, sending its shares
about 3% lower after the bell.
Categories: Business News
U.S. calls bid by men to avoid extradition over ex-Nissan boss Ghosn's escape 'flawed'
U.S. prosecutors on Tuesday said
a former Green Beret and his son, wanted by Japan for helping
former Nissan Motor Co boss Carlos Ghosn flee the
country, were advancing a "flawed" interpretation of Japanese
law to fight their extradition.
Categories: Business News
Australia's Infigen backs $569 mln offer from Spain's Iberdrola
Infigen Energy on Wednesday
recommended a A$827.5 million ($569.1 million) buyout bid from
Spain's Iberdrola to its shareholders, and urged them
to reject an earlier offer from Philippine conglomerate Ayala
Corp.
Categories: Business News
Bayer scraps U.S. plans to produce crop chemical blocked by court
Bayer AG said on
Tuesday it will scrap a nearly $1 billion project to produce the
chemical dicamba in the United States, but said the move is
unrelated to a federal court decision that blocked sales of weed
killers based on the product.
Categories: Business News
UPDATE 1-Southwest extends limited seating on flights through September
Southwest Airlines Co said on
Tuesday it will continue to limit bookings on its flights until
at least September to maintain space between passengers.
Categories: Business News
UPDATE 3-Ex-Morgan Stanley diversity officer sues bank, cites racial bias -court filing
A former Morgan Stanley
diversity officer sued the bank on Tuesday, alleging racial
discrimination, retaliation and violation of equal pay laws,
according to a court filing.
Categories: Business News
Southwest to limit seats sold on flights through September
Southwest Airlines Co said on
Tuesday it will continue to limit bookings on its flights until
at least September to keep space between seats.
Categories: Business News
Lower July Iraq and Saudi exports to boost crude timespreads - Energy Aspects
* Iraq is stepping up compliance with the Organization of
the
Petroleum Exporting Countries and allies (OPEC+) deal, with July
Basrah crude exports to fall below 2.5 million barrels per day
(mbpd), possibly even as low as 2.2 mbpd, consultancy Energy
Aspects said in a note.
Categories: Business News
CORRECTED-Syngenta to roll out new digital ag tools in Brazil
Switzerland-based seed and
crop protection company Syngenta has chosen Brazil as the
initial market for a new digital agriculture services platform
intended to make local grain growers more competitive, a
Syngenta executive told Reuters.
Categories: Business News
UPDATE 3-U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards
The U.S. Department of Commerce on
Tuesday posted a new rule that allows U.S. companies to work
with China's Huawei to develop standards for 5G and
other cutting-edge technologies, despite restrictions on doing
business with the telecommunications equipment maker.
Categories: Business News
UPDATE 2-Ex-Morgan Stanley diversity officer sues bank, cites racial bias -court filing
A former Morgan Stanley
diversity officer sued the bank on Tuesday, alleging racial
discrimination, retaliation against her and violation of equal
pay laws, according to a court filing.
Categories: Business News
UPDATE 1- -Schlumberger to take up to $1.4 bln charge for restructuring -CEO
Oilfield services provider Schlumberger
NV expects to book a charge to earnings of up to $1.4
billion for an accelerated restructuring and new job cuts, Chief
Executive Officer Olivier Le Peuch said at a energy conference
on Tuesday.
Categories: Business News
GLOBAL MARKETS-Stocks and dollar gain on U.S. retail sales, drug trial
Risk appetite found new
life on Tuesday on a record rebound in U.S. retail sales, fresh
support from the Federal Reserve and Bank of Japan, and upbeat
trial results for a COVID-19 treatment, driving global equity
markets higher and boosting the dollar.
Categories: Business News