BlackRock Inc , the world’s biggest asset manager, reported smaller demand for its funds on Monday as investors fled risk, overshadowing a better-than-expected quarterly profit, and its shares dipped. Reuters: Business News
John Schnatter is Papa John. He’s tied to Papa John’s advertising as cheese is to pizza, but he resigned as chairman for using a racial slur. Business and financial news – CNNMoney.com
Investors on Monday cheered the lifting of a U.S. supplier ban on China’s ZTE Corp , pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business. Reuters: Business News
The UK plan to keep close ties with the European Union after Brexit could make it impossible to strike a trade deal with the United States. Business and financial news – CNNMoney.com
Boeing Co is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday. Reuters: Business News
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The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market. Reuters: Business News
Build-A-Bear Workshop Inc’s chief executive on Friday apologized to disappointed customers and offered an extended discount, a day after its one-day pay-your-age event prompted massive crowds and shortages at some stores. Reuters: Business News
AirAsia is discussing the possible purchase of another 100 Airbus A321neo jets as the company’s chief executive officer, Malaysian entrepreneur Tony Fernandes, and Airbus go down to the wire in parallel negotiations for an expanded order for larger A330neo jets, industry sources said. Reuters: Business News
The Iowa and Illinois health departments said on Thursday that they were investigating cyclospora infections linked to salads at McDonald Corp’s restaurants. Reuters: Business News
Jeff Bezos’ rocket company plans to charge passengers about $ 200,000 to $ 300,000 for its first trips into space next year, two people familiar with its plans told Reuters. Reuters: Business News
The U.S. Justice Department has only a remote chance of overturning AT&T Inc’s takeover of Time Warner, Chief Executive Randall Stephenson said on Friday, adding that the move could affect the bidding war for Twenty-First Century Fox Inc. Reuters: Business News
The U.S. House Judiciary Committee will hold a hearing on Tuesday to take testimony from Facebook Inc, Alphabet Inc’s YouTube unit and Twitter Inc on whether social media companies are filtering content for political reasons, the committee chairman said. Reuters: Business News
The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. Reuters: Business News
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