Hertz Global Holdings Inc Chief Financial Officer Jamere Jackson has resigned from his post, the bankrupt car rental company said on Friday.
Bailout talks between Jaguar Land Rover and Tata Steel with the UK government have ended, leaving both firms to rely on private financing to overcome the impact of coronavirus on business, the Financial Times reported on Friday.
Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold shares of some of the largest U.S. banks, slashing its stakes in Wells Fargo & Co and JPMorgan Chase & Co and exiting an investment in Goldman Sachs Group Inc .
The U.S. Justice Department has opened a criminal probe into whether NASA's former head of human spaceflight gave Boeing Co improper guidance during a lucrative lunar-lander contract competition, two people familiar with the matter said on Friday.
Starboard Value said on Friday that it sold nearly three quarters of its stake in eBay Inc during the second quarter when the activist investment firm also ended its proxy fight at the ecommerce company.
Facebook Inc said on Friday that Apple Inc has declined its request to waive off the 30per cent commission fee it takes from apps listed on iOS devices, making a rare critique of a fellow big tech peer.
Investors are girding their portfolios for market moves ahead of the U.S. presidential vote, as election season kicks into higher gear with the Democratic National Convention in the coming week.
Shares of German biotechnology firm CureVac BV nearly tripled in their Nasdaq debut on Friday, marking the first stock market debut of a company developing a potential vaccine to combat the novel coronavirus.
Even with nearly a fifth of the labor force collecting unemployment benefits in July, Americans continued spending with relative gusto, driving retail sales back to pre-coronavirus levels as they shifted shopping online, brought their food home, and stocked up on new appliances.
A review of the U.S.-China trade deal initially slated for Saturday will be delayed due to scheduling issues and no new date has been agreed, according to sources familiar with the plans.
