Trump Withdraws U.S. From Pacific Trade Deal

Related Link: 

President Trump formally pulled the U.S. out of the Trans-Pacific Partnership, the 12-nation trade agreement negotiated by Barack Obama and championed by businesses but that fell out of favor in both political parties.

Philips In Talks With U.S. Authorities Over Defibrillators

Related Link: 

Philips said it is in talks with the U.S. Department of Justice over manufacturing procedures in its defibrillator business, following an earlier FDA warning, adding that there could be a “meaningful impact” on the operations.

Alibaba Group Revenue Surges

Related Link: 

Chinese e-commerce giant Alibaba Group Holding said third-quarter revenue rose 54% to $7.7 billion, as Chinese consumers turned to the internet to buy everything from apparel to home appliances and food.

DuPont Sales Fall Ahead of Merger

Related Link: 

Chemical giant DuPont, looking to wrap up its merger with Dow Chemical, said its fourth-quarter revenue fell as sliding crop prices continued to weigh on its agricultural business.

PepsiCo Gives 'Premium' Water a Super Bowl Push

Related Link: 

PepsiCo plans to use this year’s Super Bowl to go on the offensive in the beverage industry’s intensifying water war.

Auction of Takata Was Rigged, Sweden's Autoliv Alleges

Related Link: 

A rival air-bag maker bidding for Takata accused the company of rigging a monthslong auction, ratcheting up tensions with the Japanese supplier as it races to find a financial backer and settle significant debts stemming from a deadly safety crisis.

Liberty Media Names Chase Carey as Formula One CEO, Replaces Bernie Ecclestone

Related Link: 

Bernie Ecclestone, who turned Formula One from an elite motor racing series into a global media rights empire over four decades, stepped away from his role as the sport’s “supremo” as Liberty Media completed its takeover, appointing Chase Carey as chief executive.

CEOs Savor New Status in Trump's Washington

Related Link: 

For CEOs, President Trump’s cabinet picks and his open-door policy for business leaders during the transition have sent the message that their stock is rising in Washington, with some betting that they will have a stronger voice in running the country.

Trump Focuses on Trade and Jobs

Related Link: 

President Donald Trump started his first full workday at the White House focused on the economy, trade and jobs, withdrawing from the TPP agreement and promising to tax firms that move operations overseas.

SAP Lifts Outlook as Expanding Cloud Use Boosts Profit

Related Link: 

Business software provider SAP raised its earnings outlook in the latest sign that Chief Executive Bill McDermott’s push to focus the company on its internet offering is paying off.

Syndicate content