Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its US$38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders released on Friday.
SEATTLE: A ruling by a U.S. judge granting bond on Friday to a former Twitter employee accused of spying for Saudi Arabia was stayed after U.S. prosecutors said they appealed the decision. Magistrate Judge Paula McCandlis, of the U.S. District Court in Seattle, granted Ahmad Abouammo, 41, bond ......
WASHINGTON: New York business tycoon Michael Bloomberg paved the way for a shot at the US presidency, registering as a candidate in the Alabama Democratic primary race before Friday's (Nov 8) filing deadline. Although the billionaire has not publicly announced his run, his inclusion among a ...
The U.S. Justice Department antitrust chief said on Friday that existent U.S. antitrust laws are "flexible enough" to address harm caused by technology companies, in the face of growing criticism that such laws cannot tackle tech monopolies.
SEATTLE: A U.S. judge on Friday said a former Twitter employee could be released on bond, with travel restrictions, while he awaits trial on charges of spying for Saudi Arabia. Magistrate Judge Paula McCandlis, of the U.S. District Court in Seattle, said her decision to grant Ahmad Abouammo, 41...
E-commerce giant Amazon.com Inc's long-serving executive Steve Kessel will leave the company after 20 years, a company spokesperson told Reuters on Friday.
The IMF on Friday praised Pakistan's economic performance and agreed on next steps, paving the way for release of another portion of a $6 billion, three-year loan package.
The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan.
General Dynamics Corp has been awarded a US$732 million U.S. defense contract for sustainment of the Mobile User Objective System ground system, a narrowband military satellite communications system, the Pentagon said on Friday.
Tesla Inc Chief Executive Officer Elon Musk and noted short-seller David Einhorn mocked each other in open letters published on Twitter on Friday, trading barbs clothed in polite language.
