No 1 US automaker General Motors Co said on Friday it plans to add more than 1,200 jobs at its Lansing plants in Michigan to meet growing demand for its SUVs.
Three former Barclays executives were unanimously acquitted on Friday of charges they helped funnel 322 million pounds (US$418 million) in secret fees to Qatar in return for rescue financing during the credit crisis.
Gary Ginsberg, the global head of communications for SoftBank Group Corp , has taken an indefinite leave of absence to advise Michael Bloomberg's U.S. presidential campaign, people familiar with the matter said on Friday.
Philanthropist Bill Gates on Friday urged wealthy nations to help low and middle-income countries strengthen their health systems in hopes of slowing the spread of the coronavirus, which Gates said has started to behave like a "once-in-a-century" pathogen.
If an outbreak of coronavirus hits New York, it could cause more sharp selling of stocks, but markets would likely continue to function even if the floor of the New York Stock Exchange had to close.
Bernard Madoff's former customers will soon see their total recovery approach US$14 billion, a court-appointed trustee said on Friday, as the dying swindler awaits a decision on whether the US government will support his request to leave prison early.
The Vatican joined forces with tech giants Microsoft and IBM on Friday to promote the ethical development of artificial intelligence (AI) and call for regulation of intrusive technologies such as facial recognition.
Coty Inc on Friday named Jimmy Choo boss Pierre Denis as its next chief executive officer, replacing Pierre Laubies, betting on deep luxury fashion sector experience as the company tries to turnaround sales of its core hair care and cosmetics products.
Elliott Management Corp is pressing SoftBank Group Corp for details of nearly-US$10 billion of investment securities on its balance sheet, as part of its campaign to improve the value of the Japanese conglomerate in which it holds a stake, sources said.
If an outbreak of coronavirus hits New York, it could cause more sharp selling of stocks, but markets would likely continue to function even if the floor of the New York Stock Exchange had to close.
