Business

Portland, Oregon To Demand Controversial Uber Software Tool

The city of Portland, Oregon plans to subpoena Uber Technologies Inc to force it to disclose software that helped its drivers evade local transportation regulators, a city official said on Friday. Uber has acknowledged using the software, known as Greyball,...

Shareholder Advisors Challenge SAP Board In Row Over Pay

Leading shareholder advisors have called on SAP (SAPG.DE) investors to oppose the supervisory board of Europe's largest technology company in a dispute over management pay. Institutional Shareholder Services (ISS) took issue with the supervisory board's unwillingness to acknowledge any need...

CBN Boosts Forex Supply With $389m

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SAN FRANCISCO, May 05, (THEWILL) - The retail segment of the interbank forex market received a huge boost on Friday, May 5, 2017, as the Central Bank of Nigeria (CBN) intervened with a total sum of $388.66 million sold...

How Drugmakers Face Global Push-Back On High Prices

Pharmaceutical companies are under fire around the world as a wave of new treatments for cancer and other serious conditions reach the market at ever rising prices, and the pressure looks set to increase. Next week the debate on drug...

United Air To Face Second Congressional Grilling At Senate Hearing

United Airlines (UAL.N) will be back in the hot seat on Thursday when the U.S. Congress holds its second hearing this week to examine the circumstances surrounding the forced removal of a passenger from a Chicago flight last month. United...

Apple To Create $1 Billion U.S. Advanced Manufacturing Fund

Apple Inc (AAPL.O) plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, Chief Executive Officer Tim Cook said on Wednesday, the iPhone maker's latest effort to show how it is creating U.S....

Nigeria’s Economy Remains Resilient 

Nigeria has displayed some resilience against the ongoing recessionary headwinds in 2017, with domestic data currently suggesting early signs of a potential recovery in economic growth. An appreciation in oil prices at the start of the year and increased...

Twitter Partners With Bloomberg For Streaming TV News: WSJ

Twitter Inc is partnering with Bloomberg Media for a round-the-clock streaming television news service on the social networking platform, the Wall Street Journal reported on Sunday. The channel, which is yet to be named and is expected to begin operations...

Nigerian Stocks Maintain Profit

BEVERLY HILLS, April 25, (THEWILL) - The equities market of the Nigeria Stock Exchange (NSE) extended its gaining streak on Tuesday as the market capitalization grew by N26 billion, which is 0.29 per cent, to close at N8.934 trillion. The...

Mcdonald’s Profit Beats As Turnaround Gains Steam, Shares At Record High

McDonald's Corp (MCD.N) reported a better-than-expected rise in quarterly profit and U.S. same-restaurant sales on lower costs, all-day breakfast, $1 drinks and promotions on its popular Big Macs, signaling the company's plan to keep customers coming back to its...