By David Gaffen NEW YORK (Reuters) – Oil prices surged nearly 3% on Wednesday, bolstered by record U.S. crude exports…
Intel’s Mobileye unit valued at $22 billion as shares cruise higher
(Reuters) -Shares of Mobileye Global Inc are up 30% in early afternoon trading on Wednesday following its U.S. debut, valuing…
Refiner Phillips 66 cutting staff at refineries, terminals, offices -sources
By Erwin Seba HOUSTON (Reuters) -U.S. oil refiner Phillips 66 has begun reducing staff at several refineries, refined products terminals…
U.S. state attorneys general probing Kroger deal for Albertsons
WASHINGTON (Reuters) – A half dozen state attorneys general are digging into Kroger’s planned acquisition of rival grocery chain Albertsons,…
Boeing CEO ‘confident’ 737 MAX 7, 10 will get certified -CNBC interview
By David Shepardson WASHINGTON (Reuters) -Boeing Chief Executive Dave Calhoun on Wednesday said he is confident the planemaker will get…
Watchdog CPUC seeks $155 million in fines against PG&E over Zogg wildfire
(Reuters) – The California Public Utilities Commission (CPUC) watchdog on Tuesday proposed fines of $155.4 million against shareholders of utility…
Berkshire’s Brooks running unit settles trademark case against Brooks Brothers
By Jonathan Stempel (Reuters) – Brooks, the running shoe unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, has settled a…
Cuba hosts first U.S. business conference in years, seeks investment
By Marc Frank HAVANA (Reuters) – A few dozen U.S. entrepreneurs braved tough U.S. sanctions and Cuba’s worst economic crisis…
U.S. SEC adopts executive compensation clawback rules
By John McCrank (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to adopt new rules that will…
Spotify criticizes Ye’s comments, keeps his music
By Dawn Chmielewski (Reuters) – As corporations around the world including Adidas AG cut ties with Kanye West, music streaming…