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20Dec

USDA rules out more farm aid beyond $12B package

The U.S. Department of Agriculture is not considering issuing more farm aid beyond its recently announced $12 billion package meant to help farmers weather poor economic conditions, said Richard Fordyce,…

20Dec

US antitrust agencies clear Nvidia’s investment in Intel

U.S. antitrust agencies have cleared Nvidia's investment in Intel, according to a notice posted by the U.S. Federal Trade Commission. While the notice did not specify the details of the…

20Dec

Medtronic’s MiniMed Group Files for U.S. IPO Ahead of Diabetes Unit Spin-Off

Medtronic's MiniMed Group filed for a U.S. initial public offering on Friday, as the medical device maker moves ahead with the spin-off of its diabetes business. With capital markets set…

20Dec

Starbucks names Amazon’s Anand Varadarajan as CTO, effective Jan 19

Starbucks said on Friday it has appointed Anand Varadarajan as its new chief technology officer, effective January 19, as CEO Brian Niccol pushes a tech revamp in stores to make…

20Dec

Union Pacific, Norfolk Southern file STB bid for first coast-to-coast U.S. railroad

Railroad operators Union Pacific and Norfolk Southern on Friday filed a nearly 7,000‑page merger application with the U.S. Surface Transportation Board (STB), drawing fresh scrutiny from rivals on their plan…

20Dec

Delaware Supreme Court restores Elon Musk’s $56B Tesla pay package

Elon Musk's 2018 pay package from Tesla, once worth $56 billion, was restored by the Delaware Supreme Court on Friday, nearly two years after a lower court struck down the…

20Dec

Trump, 9 Pharma Giants Strike Deal to Cut Drug Prices

U.S. President Donald Trump and nine major pharmaceutical companies on Friday announced deals that will slash the prices of their medicines for the government's Medicaid program and for cash payers,…

20Dec

Google warns U.S. visa staff to avoid overseas travel amid embassy delays

Alphabet's Google has advised some employees on U.S. visas to avoid international travel due to delays at embassies, Business Insider reported on Friday, citing an internal email. The email, sent…

20Dec

Boeing seeks FAA emissions waiver to sell 35 more 777 freighters amid certification delays

Boeing on Friday asked the Federal Aviation Administration for a waiver of airplane emissions rules to allow it to sell another 35 Boeing 777F freighters, citing strong customer demand and…

20Dec

7-Eleven CEO Joe DePinto to Retire After 20 Years

Convenience store chain 7-Eleven Inc said on Friday that Chief Executive Officer Joe DePinto will retire after 20 years in the role. The company said in a statement that it…

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