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Walt Disney Co. (DIS) began slashing jobs at 20th Century Fox less than two days after completing its $71 billion takeover of the storied film studio, according to the reports citing people familiar with the matter. The layoffs, focused on senior management in the Fox film division, included Chris...

General Motors Co. (GM) will announce $300 million investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory, according to reports citing people familiar with the matter. The reports said GM will announce news on Friday along with the...

BD or Becton, Dickinson and Company (BDX) issued statement related to the recent letter from FDA to health care providers regarding paclitaxel-coated devices. The company is collaborating with other industry stakeholders, the FDA and the VIVA Physicians Group to support an independent patient-level meta-analysis....

Facebook Inc (FB) said that it found that some user passwords were being stored in a readable format within its internal data storage systems, as part of a routine security review in January, Facebook said, "This caught our attention because our login systems are designed to mask passwords using techniques...

European Union leaders have agreed on a plan to delay the Article 50 process, postponing Brexit beyond 29 March. British Prime Minister, Theresa May said the European Union council today also agreed, subject to a successful vote next week, that in order to provide time for the UK Parliament to agree...

BMW said that the BMW Summer 2019 Watch Collection will be available Summer 2019; prices range from 169,00 euros to 439,00 euros. A first look at the new collections will be given to journalists on 22 March at Fossil Group's headquarters in Basel. BMW said,"Available in three-link stainless steel...

Apple Inc. (AAPL) signed Vox to be part of an upcoming subscription service for newspaper and magazine readers, adding the popular explainer website to a lineup that's due to be announced next week, Bloomberg reported citing a person familiar with the matter. The site is owned by Vox Media Inc., which...

Enel SpA Thursday said it full-year 2018 EBITDA rose 4.5% to 16.35 billion euros from 15.65 billion euros in 2017. The increase in EBITDA reflects the improvement in margins on renewables, end-user markets in Italy and Spain and in the distribution business as well as the effects of the efficiency...

Novo Nordisk said that its Annual General Meeting approved the actual remuneration of the Board of Directors for 2018 and the remuneration level for 2019, the Company's statutory Annual Report 2018. The Revised Remuneration Principles were adopted. But a proposal from a shareholder to reduce prices...

Facebook (FB) said its artificial intelligence systems failed to automatically detect video that showed the terrorist attack in Christchurch, New Zealand. In a blog post posted, Guy Rosen, vice presesident, Product Management of Facebook , wrote that Facebook's artificial intelligence systems are...

Freddie Mac (FMCC.OB) announced that Donald Layton will retire as CEO and the Board has appointed David Brickman to succeed him, effective July 1. In September 2018, the Board announced Brickman's promotion to President and Layton's intent to retire in the second half of the 2019. After the search and...

While reporting financial results for the second quarter on Thursday, Actuant Corp. (ATU) reaffirmed its outlook for the full year 2019 and provided guidance for the third quarter of 2019. For fiscal 2019, the company reaffirmed its guidance for adjusted earnings in a range of $1.09 to $1.20 per share...

Ford Motor Co. (F) said Thursday that Chief Financial Officer Bob Shanks plans to retire from the automaker at the end of 2019. He will be succeeded by Tim Stone, a finance executive who served 20 years at Amazon.com Inc. (AMZN), and as CFO of Snap Inc. (SNAP). The company also announced other major...

Inovio Pharmaceuticals, Inc. (INO) announced its Ebola vaccine, INO-4201, was safe, tolerable, and generated strong T cell and antibody responses, according to Phase 1 data. The company said the study demonstrated that intradermal (skin) administration with Inovio's CELLECTRA delivery device resulted...

Conagra Brands Inc. (CAG) said it has updated its fiscal year 2019 outlook, including reaffirming its guidance for adjusted earnings per share from continuing operations. The company's integration of the Pinnacle business, which was acquired in October 2018, remains on track. The company realized...

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