Ford Motor Co's political action committee is resuming making political donations and will not rule out making donations to Republican lawmakers that voted against President Joe Biden's election certification on Jan. 6, according to a letter from Ford seen by Reuters.
:The S&P 500 surged on Thursday to its first-ever close above the 4,000 mark, lifted by gains in Microsoft, Amazon and Alphabet, as well as optimism about a recovering U.S. economy.
JCPenney said on Thursday (Apr 1) it has agreed to transfer its pension obligations to annuities provider Athene, ensuring that the US department store chain's retired employees will continue to get their benefits.
J.C. Penney Co Inc said on Thursday it has agreed to transfer its pension obligations to annuities provider Athene Holding Ltd, ensuring that the U.S. department store chain's retired employees will continue to get their benefits.
A federal judge on Thursday sided with Nike Inc in ordering a Brooklyn company to temporarily stop further sales of "Satan Shoes" it produced in collaboration with the rapper Lil Nas X.
Proxy adviser Glass Lewis is recommending investors reject the nearly US$30 million pay package for Johnson & Johnson Chief Executive Alex Gorsky, arguing that the healthcare company is shielding its top executives from the legal cost of poor business decisions.
TOKYO/ZURICH :Credit Suisse shares rose on Thursday, ending a losing streak in which they shed close to a fifth of their value, though the lender is yet disclose how much it lost in trades for stricken U.S. fund Archegos.
Twitter Inc said on Thursday it was looking for an independent board director after hedge fund Elliott Management's managing partner, Jesse Cohn, decided to relinquish his board seat at the social media firm.
Automakers on Thursday (Apr 1) reported a rebound in first-quarter US sales from a coronavirus-induced slump last year, but numbers were dulled by a global chip scarcity that forced many companies to cut production.
