Wolfson Looks to Future With Washing Machines You Can Talk to
Wolfson Microelectronics Plc (WLF) survived three “innovate or die moments” four years ago, said Chief Executive Officer Mike Hickey. Now, the semiconductor developer has a vision of its future in... Read more »
Intuitive Wins Trial, Defeats Negligent Training Claims
Intuitive Surgical Inc. (ISRG) prevailed at a trial against claims it was negligent in its training of a doctor who performed a robot-assisted surgery on a patient who later died.... Read more »
Colombia Lawmakers Shelve Antitrust Bill Aimed at America Movil
Colombian lawmakers shelved a bill designed to challenge the dominance of America Movil SAB (AMXL) in the mobile-phone industry, a victory for a company besieged by regulatory crackdowns in Latin... Read more »
WTI Crude Heads for Biggest Weekly Decline in More Than a Month
West Texas Intermediate headed for the biggest weekly drop in more than a month amid signs of rising U.S. fuel supplies and a global economic slowdown. Brent oil may fall... Read more »
House Passes Keystone Bill as White House Vows Veto
The U.S. House of Representatives passed legislation to approve the Keystone XL oil pipeline, the eighth time congressional Republicans have advanced a measure promoting the project. Democrats said the vote... Read more »
Twitter Adopts Two-Step Authentication After Account Hack
Twitter Inc. boosted security on its website, introducing two-step authentication that makes it harder for outsiders to gain access to accounts, a month after a false posting triggered a stock-market... Read more »
Morgan Stanley Fixed-Income Veteran deRegt Leaves for New Firm
Ken deRegt, a Morgan Stanley (MS) veteran called on to revamp risk-management and the fixed-income trading business after returning in February 2008, is leaving again to join investment firm Canarsie... Read more »
Blackstone, Prologis Said to Buy Portfolio of Warehouses
Blackstone Group LP (BX), the world’s biggest private-equity firm by assets, and Prologis Inc. (PLD) agreed to buy a portfolio of 17 million square feet (1.6 million square meters) of... Read more »
HP Forecast Tops Estimates as Cost Cuts Counter PC Slump
Hewlett-Packard Co. (HPQ), the largest personal-computer maker, forecast fiscal third-quarter profit that topped analysts’ estimates after the company cut costs to counter slumping demand for desktops and laptops. Earnings excluding... Read more »
Asia-Pacific Warehouse Rents Among World’s Highest, CBRE Says
Six Asia-Pacific cities were among the 10 most expensive for warehouse rents, driven by demand from logistics companies and retailers amid limited space availability, according to CBRE Group Inc. The... Read more »