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Business - Multi Press
Sunday, September 15, 2019
Oil could rise $10 per barrel after drone attack forces Saudi to cut output
A trader wipes his eyes as he watches stock prices at the New York Stock Exchange in New York.Don Emmert | AFP | Getty ImagesOil prices could jump as much as $10 per barrel after...
J. Crew's Madewell brand files to go public
J. Crew will spin off its fast growing denim brand Madewell, according to a Friday filing with the SEC.The company said Chinos Holdings, its subsidiary, will be renamed Madewell before its initial public offering. The...
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Bob Iger, chief executive officer of The Walt Disney Company, walks with Tim Cook, chief executive officer of Apple.Getty ImagesDisney CEO Bob Iger has resigned from Apple's board of directors, Apple said in an SEC...
WeWork considering curbing Adam Neumann's voting power to save IPO: Source
WeWork CEO Adam Neumann with wife and founding partner Rebekah Neumann.WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from...
U.S. officials worried about Chinese control of American drug supply
Technicians work at the Shenzhen Hepalink Bio-Tech Co. Ltd. production facility in Shezhen, Guangdong province, China.Nelson Ching | Bloomberg | Getty ImagesAntibiotics, which turn life-threatening infections into minor nuisances, are considered the biggest advance in...
France says it will block development of Facebook's libra in Europe
France's Bruno Le Maire.Eric Peirmont | AFP | Getty ImagesFrance is taking aim at big U.S. tech firms again — this time in the direction of Facebook's proposed cryptocurrency libra.Speaking at an OECD conference in...
SmileDirectClub prices IPO at $23 per share, valuing the company at $8.9 billion
Dental assistant Jessica Buendia looks at a scanned image of patient's teeth in SmileDirectClub's SmileShop located inside a CVS store Wednesday, April 24, 2019, in Downey, Calif. CVS Health is venturing into dental care with...
Hong Kong Exchanges and Clearing proposes merger with LSE
An aerial view of the London Stock Exchange Paternoster SquareVulture Labs | Moment | Getty ImagesHong Kong Exchanges and Clearing Limited (HKEX) said Wednesday it has made a proposal to the board of London Stock...
Fed Vice Chair Kohn backs cut, rejects Dudley idea
Donald Kohn, former vice chairman of the U.S. Federal ReserveJoshua Roberts | Bloomberg | Getty ImagesThe Federal Reserve should cut interest rates next week and not listen to a suggestion that it consider keeping rates...
What happens next with Brexit?
Demonstrators gather outside Houses of Parliament for a protest on 03 September, 2019 in London, England to oppose the prorogation of the U.K. Parliament.NurPhoto | NurPhoto | Getty ImagesWith the U.K Parliament now shuttered for...