(Reuters) – California utility owner PG&E Corp is preparing to name a restructuring chief as it finalizes preparations for a bankruptcy filing expected to come as soon as early Tuesday morning, people familiar with the matter said.
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Apple iPhone price hikes have led to customers spending more money for their phones, UBS analyst Timothy Arcuri said in a new report.
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A group of men aboard a Royal Caribbean Cruise ship got banned from the cruise line for life, after one of them jumped from the 11th floor of the ship while it was docked in the Bahamas.
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Asian shares were mixed Thursday on fears that a reported U.S. investigation of China's Huawei would derail trade talks between the world's two largest economies.
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SpaceX said Wednesday that it will build test versions of its Mars spaceship in south Texas instead of the Port of Los Angeles in another blow to the local economy that comes days after the company announced massive layoffs.
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