Lockheed Martin plans to expand Milwaukee plant workforce by 15%

Lockheed Martin plans to expand Milwaukee plant workforce by 15%
FILE PHOTO: The logo of Lockheed Martin is seen at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018. REUTERS/Benoit Tessier (Reuters) – Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its Milwaukee facility by more than 15% this year. The announcement came after President Donald Trump... Read More

AB InBev pulls Budweiser listing, canceling year’s largest IPO

AB InBev pulls Budweiser listing, canceling year’s largest IPO
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Anheuser-Busch InBev (ABI.BR) said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd (1876.HK), in what would have been the world’s biggest initial public offering (IPO) of 2019. AB InBev, the world’s largest brewer, was aiming to sell as much as... Read More

Wall St. notches all-time highs on lingering rate-cut optimism

Wall St. notches all-time highs on lingering rate-cut optimism
NEW YORK (Reuters) – All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate cut from the Federal Reserve continued to propel shares while investors awaited next week’s kickoff of the corporate earnings season. The S&P 500 closed above the 3,000 level for the first time, with the industrial .SPLRCI, consumer discretionary .SPLRCD and... Read More

U.S. regulators approve $5 billion Facebook settlement over privacy issues: source

U.S. regulators approve $5 billion Facebook settlement over privacy issues: source
Small toy figures are seen in front of Facebook logo in this illustration picture, April 8, 2019. REUTERS/Dado Ruvic/Illustration (Reuters) – The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc (FB.O) this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The... Read More

U.S. regulators approve $5 billion Facebook settlement over privacy issues: WSJ

U.S. regulators approve $5 billion Facebook settlement over privacy issues: WSJ
Small toy figures are seen in front of Facebook logo in this illustration picture, April 8, 2019. REUTERS/Dado Ruvic/Illustration (Reuters) – The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc (FB.O) this week over its investigation into the social media company’s handling of user data, the Wall Street Journal reported on Friday. The FTC has... Read More

FTC approves roughly $5 billion Facebook settlement: WSJ

FTC approves roughly $5 billion Facebook settlement: WSJ
Small toy figures are seen in front of Facebook logo in this illustration picture, April 8, 2019. REUTERS/Dado Ruvic/Illustration (Reuters) – The United States Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook Inc (FB.O) over a long-running investigation into the company’s privacy missteps, the Wall Street Journal reported on Friday. The 3-2 vote... Read More

AB InBev Asia cancels world’s largest IPO of 2019

AB InBev Asia cancels world’s largest IPO of 2019
HONG KONG/NEW YORK (Reuters) – Anheuser-Busch InBev (ABI.BR) said on Friday it will not proceed with the initial public offering of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd (1876.HK), on the Hong Kong Stock Exchange. The company said the decision was due to “several factors, including the prevailing market conditions.” It had been set to be world’s biggest... Read More