Business News


Report: US expected to give Huawei another 90-day export license

US and Chinese governments are expected to talk things out this weekend.

6 hours ago from Arstechnica

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AbbVie prices new rheumatoid arthritis drug at $59,000/yr

AbbVie Inc has priced its new rheumatoid arthritis treatment at $59,000 a year after gaining U.S. approval on Friday, a big boost for the drugmaker struggling with rising competition for Humira, ...

Fri 16 Aug 19 from Reuters

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Tyson recalls nearly 40,000 pounds of Weaver chicken patties

Tyson Foods Inc is recalling nearly 40,000 pounds of its Weaver chicken patties after some consumers found pieces of rubber in the product, the no. 1 U.S. meat processor said.

Fri 16 Aug 19 from Reuters

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Canalys: Apple, Samsung continue growth as North American wearables market hits $2B

According to Canalys, North America is the most profitable market for wearables, with most companies showing strong combined growth in shipments of almost 40 percent compared to last year. The ...

Fri 16 Aug 19 from Techspot

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Tech-oriented office company WeWork files to go public

Office sharing startup WeWork will be going public after its parent company filed papers Wednesday for a stock sale, despite losing money amid rapid expansion.

Wed 14 Aug 19 from TechXplore

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CBS, Viacom to reunite as media giants bulk up for streaming

CBS and Viacom announced a long-anticipated reunion Tuesday, bringing together their television networks and the Paramount movie studio as traditional media giants bulk up to challenge streaming ...

Tue 13 Aug 19 from TechXplore

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Inside WeWork, one couple wields control

In the early days of WeWork, the two people most associated with the company were cofounders Adam Neumann and Miguel McKelvey. As they grew the brand, the pair was interviewed and photographed, ...

Thu 15 Aug 19 from CNN

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Nvidia revenue tops expectations on strength in video gaming, auto units

Nvidia Corp's quarterly revenue beat Wall Street estimates on Thursday despite falling from a year earlier, benefiting from a better-than-expected performance of its gaming and automotive chips ...

Thu 15 Aug 19 from Reuters Technology

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Pop! Goes the Uber

Things haven’t been going so hot for Uber, which is burning through billions of dollars a year with no fleet of driverless taxis in sight to stop it. Now, the party is really over: According ...

Wed 14 Aug 19 from Gizmodo

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IRS budget cuts result in $34.3 billion in lost tax revenue from large firms

Budget cuts at the Internal Revenue Service threaten the agency's effectiveness and have led to billions of dollars in lost tax revenue, new research from the Indiana University Kelley School ...

Thu 15 Aug 19 from Phys.org

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