NEW YORK (Reuters) – Oil prices shed 3% on Wednesday after fresh Chinese and European economic revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row. FILE PHOTO: Drilling rigs operate at sunset in …
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When you get your air conditioning bill this month, just remember: Uber said it lost more than $5.2 billion last quarter. Posting your biggest quarterly loss ever = not the most enjoyable way to start an earnings call. Yes, about $3.9 billion of that gigantic loss can …
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Novartis AG placed a pair of top scientists on administrative leave weeks before informing the U.S. Food and Drug Administration about problematic data concerning a drug the two men had helped develop, a person familiar with the matter said. The drug, a …
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Detroit — A former senior United Auto Workers official has been charged with wire fraud conspiracy and money laundering, marking an expansion of a federal corruption investigation that has spread beyond Fiat Chrysler Automobiles. Mike Grimes, left, and …
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NEW YORK – WeWork’s parent company gave investors the most detailed look yet at its finances Wednesday, revealing breakneck growth on the back of massive losses as the office-sharing company prepares for a highly anticipated debut on the stock …
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