Latest news from Nm.nmcdn.us - Companies feed

Latest news from Nm.nmcdn.us - Companies feed

  1. Infosys Offers to Buy Back $2 Billion of Shares as CEO Quits

    08.19 / 22:10 nm.nmcdn.us Nm.nmcdn.us - Companies
    Infosys Ltd. approved a 130 billion rupees ($2 billion) share repurchase to improve returns for stakeholders of the Indian software exporter a day after Chief Executive Officer Vishal Sikka quit amid heightened tensions between the board and founders led by ex-Chairman N R Narayana…
  2. Wells Fargo Troubles Shift From Phony Bank Accounts to Real Ones

    08.19 / 22:10 nm.nmcdn.us Nm.nmcdn.us - Companies
    After paying customers millions of dollars for opening phony accounts they did not want, Wells Fargo & Co. has said it is now grappling with the possibility it harmed customers by closing real accounts they needed, leaving them without access to…
  3. Elliott Lawyer Says Third Bidder May Top Buffett's Oncor Bid

    08.19 / 22:10 nm.nmcdn.us Nm.nmcdn.us - Companies
    An unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor Electric Delivery Co, topping Berkshire Hathaway Inc's $9 billion bid, a lawyer for the largest creditor of Oncor's parent told a U.S. bankruptcy judge on…
  4. Former Uber CEO Lashes Out at VC Firm Suing Company

    08.19 / 22:10 nm.nmcdn.us Nm.nmcdn.us - Companies
    Former Uber CEO Travis Kalanick is skewering a lawsuit filed by a former ally, describing it as a malicious attempt to sever his remaining ties to the widely used ride-hailing service that he…
  5. Wal-Mart's Amazon War Takes to Skies With Floating Warehouses

    08.18 / 22:09 nm.nmcdn.us Nm.nmcdn.us - Companies
    Wal-Mart has opened a new front in its battle with Amazon. The world's largest retailer has applied for a U.S. patent for a floating warehouse that could make deliveries via drones, which would bring products from the aircraft down to shoppers'…
  6. Chinese Banks Battle Slowing Loan Growth as Default Risks Loom

    08.18 / 22:09 nm.nmcdn.us Nm.nmcdn.us - Companies
    Chinese banks are set to see a slowdown in lending growth in the second half of the year, having exhausted most of their annual credit quota, raising the specter of corporate defaults as financing costs climb further in the world's No.2 economy.Beijing's crackdown…
  7. Goldman Builds Bridge-Loan Business With Amazon, Discovery Deals

    08.18 / 22:09 nm.nmcdn.us Nm.nmcdn.us - Companies
    Goldman Sachs Group Inc.'s longtime dominance of the takeover advice business is finally translating into some success for its efforts to finance those deals.The bank has provided short-term bridge loans to help fund two of this year's biggest deals, including…
  8. New Ford CEO Responds to Critics of Aging Product Line, Touts Future Cars

    08.18 / 22:09 nm.nmcdn.us Nm.nmcdn.us - Companies
    The new CEO of Ford Motor Co. says the company isn't taking its eyes off the present as it prepares for transportation in the…
  9. Express Scripts to Limit Opioids; Doctors Concerned

    08.18 / 22:09 nm.nmcdn.us Nm.nmcdn.us - Companies
    The nation's largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb an epidemic affecting millions of…