 | | | | Intel Corp on Thursday cemented the market view that a prolonged slowdown in the chip industry was bottoming out by forecasting full-year revenue and profit above analysts' estimates. | | | | | | (This January 21 story corrects reference to Copa being the only Latin American airline with a 737 MAX simulator, clarifies 245 refers to 737 MAX pilots not total pilots in paragraph 20) | | | | | | John Kapoor, the founder of Insys Therapeutics Inc , on Thursday was sentenced to 66 months in prison for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis. | | | | | | Chipmaker Broadcom Inc said on Thursday it has entered into two multi-year agreements with Apple Inc for the supply of wireless components used in its products. | | | | | | The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high on Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market. | | | | | | The biggest tumble in Chinese stocks in more than eight months led global equity markets lower on Thursday as concern mounted about the coronavirus outbreak in China. | | | | | | Insys Therapeutics founder John Kapoor was sentenced to 66 months in prison for his role in an opioid fraud scheme by a U.S. district judge in Boston on Thursday. | | | | | | Wells Fargo & Co's regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank's three-year sales practices scandal. | | | | | | A U.S. bank regulator announced Thursday that several senior former Wells Fargo executives face potential lifetime industry bans and millions of dollars in civil penalties for their roles in the bank's long-running sales practices scandal. | | | | | | The first phase of battle over whether Huawei Chief Financial Officer Meng Wanzhou should be extradited to the United States wrapped up on Thursday after four days, with lawyers for Meng challenging prosecution claims that her alleged actions are a crime in Canada. | | | | | | From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, Chief Executive David Solomon said on CNBC on Thursday. | | | | | |
