 | | | | Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker's $63 billion takeover of seed maker Monsanto. | | | | | | Bayer shareholders on Friday cast a vote of disapproval of the German drugmaker's top management amid anger over a stock price slump as litigation risks mount from the $63 billion takeover of seed maker Monsanto. | | | | | | Intel Corp is exploring strategic options for its modem chip business, including a possible sale to Apple or another acquirer, the Wall Street Journal reported on Friday, citing people familiar with the matter. | | | | | | Tesla Inc's stock price slumped 5% on Friday to its lowest in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors. | | | | | | Oil prices fell 3% on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices. | | | | | | The owner of popular workplace instant messaging app Slack made public strong year-on-year growth numbers on Friday, and an annual loss of $140.7 million, as it filed formally for its long-awaited market debut. | | | | | | The S&P 500 and Nasdaq edged up on Friday, rising just enough to notch record closing highs for the second time this week, as investors digested mixed corporate earnings and economic data. | | | | | | Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications (DSRC) technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021. | | | | | | Wells Fargo & Co's board has retained executive search firm Spencer Stuart to hunt for a new chief executive, ideally a woman who can tackle its regulatory and public perception issues, two people familiar with the matter said. | | | | | | Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc. | | | | | | Global stock markets edged higher on Friday as data showing U.S. economic growth accelerated in the first quarter offset corporate earnings disappointments, while the dollar fell against a basket of currencies. | | | | | |
