PayPal to buy rewards platform Honey Science for $4 billion
Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.
Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.
General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars.
The United Auto Workers (UAW) said on Wednesday it has filed charges under its bylaws against its president, accusing him of "false, misleading and inaccurate expense records" and saying those charges could lead to his removal from his elected office and expulsion from the union.
Wall Street's main indexes closed lower on Wednesday on concerns a "phase one" trade deal between Washington and Beijing may not be completed this year.
A divided Federal Reserve that decided to hit pause in its easing cycle following a rate cut in October signaled in minutes of last month's meeting it was in no hurry to reassess the path of interest rates.
Intel Corp said on Wednesday it was increasing its reliance on contract chip manufacturers to ramp up supply of chips used in personal computers as the company struggles with shipment delays amid higher demand.
U.S. President Donald Trump said on Wednesday he was considering whether to exempt Apple Inc from tariffs on Chinese imports.
Huawei Technologies Co Ltd lawyers have filed an application to a Canadian court to immediately stay the extradition proceedings of the company's Chief Financial Officer Meng Wanzhou to the United States, a company spokesman said on Wednesday.
Wall Street's main indexes ended Wednesday's session lower on concerns that a "phase one" trade deal between Washington and Beijing may not be completed this year, while minutes from the Federal Reserve's October policy meeting appeared to offer little help.
U.S. President Donald Trump said on Wednesday he has not made a trade deal with China yet because Beijing is not "stepping up" in negotiations.
As U.S. Federal Reserve officials hone their monetary policy playbook in preparation for the next economic downturn, it appears they will eschew more controversial approaches tried by other global central banks, including one that President Donald Trump has called on the Fed to try.
Prime Minister Scott Morrison said on Thursday it was up to the board of Westpac Banking Corp to decide whether Chief Executive Brian Hartzer should resign in the wake of Australia's biggest money laundering scandal.
House Democrats on Wednesday blasted the Trump administration for not consulting sufficiently with Congress while negotiating a mini trade deal with Japan, failing to provide details about it and refusing to testify at a congressional hearing.
Turkey's state-owned Halkbank , which U.S. prosecutors have criminally charged with helping Iran evade sanctions, said it should be able to challenge whether U.S. courts can hear the case at all before it entered a formal plea, according to a court filing made public on Wednesday.
Lawyers for Huawei Technologies Co Ltd asked a Canadian court to immediately stay proceedings seeking to extradite the company's Chief Financial Officer Meng Wanzhou to the United States, a company spokesman said on Wednesday.