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Novartis lawyer steps down over Trump lawyer payment

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Cohen is now faced with a federal investigation into his business dealings and the payment he made to an adult film star who claimed to have an affair with Trump in 2006. Davidson also represented Stormy Daniels at the time she struck a hush money deal with Cohen. The acting director of OGE, David J. Apol, concluded that Trump's report "meets the disclosure requirements" - the outside group Citizens for Responsibility and Ethics in Washington had filed a complaint that ... Read More »

Ocado signs U.S. partnership

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Kroger and Ocado said they're now mulling potential sites in the U.S.to build three new, automated warehouse facilities this year. The deal with Kroger is arguably Ocado's biggest to date and demonstrates that the company's technology push is starting to gain traction after some five years or so of pushing it. Read More »

Uber ends arbitration requirement for sex misconduct claims

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Indeed, Tuesday's change seems tied to a larger, concerted campaign by Dara Khosrowshahi to at least superficially reform the historically troubled company. "When I reported the situation, I was told by both HR and upper management that even though this was clearly sexual harassment and he was propositioning me, it was this man's first offense, and that they wouldn't feel comfortable giving him anything other than a warning and a stern talking-to, " she said ". Read More »

Ford Suspends Production of F-150 Trucks

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Ford said it had been dealing with Chinese-owned Meridian to alter creation of those affected parts into additional suppliers until the fire-damaged plant might be repaired and production resumed. Ford has about an 84-day supply of the F-Series truck in dealers' inventories, so the company never expected a shortage that would impact clients or dealerships. Read More »

'Everyone Thinks' I Deserve Nobel Peace Prize

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In late April, South Korean President Moon Jae-in said that Trump would be a worthy victor of the Nobel Peace Prize , following his own summit with Kim Jong Un . South Korea's president is quoted by his office as saying "It's really President Trump who should receive [the prize]; we can just take peace". I believe that both sides want too negotiate a deal. Read More »

Rooney Agrees Deal To Join MLS Club DC United

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His marginalisation has occurred under Allardyce, who has steered the club to Premier League safety since arriving in November yet faces an uncertain future amid supporter discontent. In 2005, the club became the first USA -based team to compete in the Copa Sudamericana and later became the first MLS team to win the Supporters' Shield in back-to-back seasons in 2006 and 2007 thanks to posting the best record both years. Read More »

Telstra stops selling ZTE devices amid US Govt crackdown

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ZTE, whose shares have been suspended since the imposition of the ban, said in its statement it has sufficient cash and will adhere to its commercial obligations. ZTE was accused by the U.S. Department of Commerce of illegally shipping U.S. equipment to Iran and North Korea. ZTE was slapped with a seven-year ban prohibiting it from any transactions with the United States for breaching the terms of a settlement related to its business dealings with Iran. Read More »

U.S. man takes big bite at record: 30k Big Macs

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He showed off his record books and how he keeps track of thousands of receipts, sandwich wrappers and containers. At Don's last checkup both his cholesterol and blood pressure were just fine. Gorske, tall and lanky, has a meticulous memory and a penchant for details. It was 140. In 2006 he crossed the finish line of the San Diego marathon carrying his 21,387th Big Mac. Read More »

Musk defends cutting off 'short seller thesis' analysts

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Bernstein analyst A.M. (Toni) Sacconaghi: So where specifically will you be in terms of capital requirement? He gave the remaining portion of the earnings call to Tesla investor Galileo Russel, host of the "HyperChange TV" YouTube channel "We're gonna go to YouTube". Read More »

CVS Health Reports Earnings in Recovery Mode

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It has outperformed by 22.92% the S&P500.The move comes after 8 months negative chart setup for the $10.91 billion company. The shares of the company ( CVS ) staged the smart recovery as has roared back some 13.07% after stumbling to its new 52-weeks low. Read More »

Windows 10 Spring Update finally launches

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This means updates are delivered to desktops and laptops via one device over a local area network rather than being fetched by each individual system over the internet, or through a remote management server. To check if your Windows 10 PC has received the update, navigate to the Start Menu , and click on the Settings cog. A feature called " Focus Assist " will allow users to silence notifications when they want to concentrate on a task at their computer, similar to how its Do Not Disturb ... Read More »

Audi aims to double vehicle output in China in five years

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In recognition of this, VW, The world's largest auto manufacturer plans to restructure its operations, and to establish a new business unit dedicated to expanding the role of electric and autonomous vehicles in China. That trend has been propelled by the ruling Communist Party's support for the technology. Peter Fleet, president of Ford Motor's Asia and Pacific operations, said the company already planned to sell electric cars in China through a joint venture under an cheap local brand ... Read More »

Riding high on profits, Amazon is increasing the cost of Prime

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The last time it raised the annual fee was in four years ago. Earlier this year the Prime monthly rate was increased to $12 a month from $10.99 a month. Amazon ( AMZN ) reported first-quarter earnings after the market close Thursday that topped estimates with after-hours trading suggesting a possible breakout. Read More »

Despite a Beat, Shares Sag — Microsoft Earnings

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The CEO added that Microsoft returned United States dollars 6.3 billion to shareholders in the form of dividends and share buybacks in Q3, an increase of 37 percent from the year before. The cloud transition is changing the company's business model to one with a rising share of steady, recurring revenue from cloud subscriptions rather than traditional software sales. Read More »

US Dollar Jumps as Government Bond Yields Rise

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Australian stocks edged up 0.2 per cent and Japan's Nikkei rose 0.7 per cent. After touching four-year highs, yields on 10-year U.S. Treasuries dipped below 3 percent as buyers emerged following a week-long sell-off spurred by concerns about rising inflation and growing borrowing by the U.S. Read More »

Ford to Discontinue Almost All its Cars in North America

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Ford has announced that, in the United States, it plans to cull its existing base of passenger cars down to just two vehicles - the Mustang , and the Focus Active . CFO Shanks said the company expected that commodity costs would represent a $1.5 billion "headwind" in 2018, $500 million of which came in the first quarter. Read More »

Takeda receives green light for Shire takeover

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Rare disease specialist Shire lost 2.6 percent after it said it was willing to recommend a sweetened $64 billion offer from Takeda Pharmaceutical . for a partnership to develop drugs for neurodegenerative diseases. The stock rating was maintained by Bank of America with "Buy" on Monday, February 5. Read More »