Germany's Siemens says plans to spin off oil and gas unit
German industrial conglomerate Siemens said Tuesday it plans to spin off its struggling gas and power unit to prepare it for a potential stock market listing next year.
German industrial conglomerate Siemens said Tuesday it plans to spin off its struggling gas and power unit to prepare it for a potential stock market listing next year.
Business
May 7, 2019
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10
A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors.
Business
May 7, 2019
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5
While Google has dominated the online ad market for almost the entirety of its existence, its first quarter earnings report suggests that competitors may be nipping at its heels.
Business
Apr 30, 2019
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6
Some 30 years after exiting the United States due to plunging sales, Peugeot is preparing a return to a market where it previously knew glory at the famed Indianapolis 500.
Automotive
Mar 3, 2019
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11
NBCUniversal will launch an ad-supported streaming service in 2020, free for anyone who pays for a cable service.
Business
Jan 14, 2019
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4
The US captain of a P&O cruise ship found to be burning fuel with excessive sulphur levels was fined 100,000 euros ($114,000) in a Marseille court Monday, the first such ruling in France.
Environment
Nov 26, 2018
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7
Boxes of still-green bananas were shifted one-by-one from a towering stack of crates into a refrigerated shipping container.
Energy & Green Tech
Nov 25, 2018
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41
The New York Stock Exchange's parent company announced plans on Friday to launch a bitcoin trading platform and partner with Starbucks on a digital currency payment app.
Business
Aug 3, 2018
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21
Concert ticketing service Ticketfly says it's working to get its system back online after a data breach leaked users' personal information and disrupted services at live music venues.
Security
Jun 4, 2018
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7
Amazon and Starbucks are among companies that have promised to cut large checks to a campaign collecting signatures for a referendum on Seattle's head tax.
Business
May 28, 2018
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4