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Twitter doles out stock, cash bonuses to retain talent: WSJ

Four top executives left the company in January, the biggest leadership exodus since co-founder Jack Dorsey returned as chief executive last year. The departures added to concerns about the company's ability to make its product more engaging and generate more money from advertising. Twitter has been offering cash bonuses to some employees, ranging from $50,000 to $200,000 as an incentive to keep them around for another six

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Twitter doles out stock, cash bonuses to retain talent: WSJ

Apple sets March 21 event, Wall Street sees new, smaller iPhone

(Reuters) – Apple Inc sent an invite to reporters on Thursday for an event at its Cupertino, California headquarters on March 21, possibly signaling the unveiling of a new, smaller iPhone. The world's best-known technology company often reveals new products at such events. It is expected to update its flagship iPhone and

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Apple sets March 21 event, Wall Street sees new, smaller iPhone

ECB’s Draghi signals end to rate cuts, overshadows stimulus

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank chief Mario Draghi unleashed a bold easing package on Thursday, cutting rates and expanding asset buys, but undid the very stimulus he hoped to achieve by suggesting there would be no further cuts. Seeking to resurrect corporate activity and investments, the ECB said it …

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ECB’s Draghi signals end to rate cuts, overshadows stimulus

Big U.S. banks to take on tech rivals with instant payments

By David Henry NEW YORK (Reuters) – Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person's account instantaneously by mobile phone. “What we are doing now is delivering payments in real time, which is what our customers have asked for,” Mary Harman, managing director for payments at Bank of America, said in an interview. While technology companies like PayPal Holdings and Facebook Inc…

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Big U.S. banks to take on tech rivals with instant payments

Canon to buy Toshiba Medical for around $6.2 billion: Nikkei

TOKYO (Reuters) – Japan's Canon Inc is set to buy Toshiba Corp's medical equipment unit for 700 billion yen ($6.2 billion), beating rival Fujifilm Holdings Corp in a hotly contested auction, the Nikkei business daily reported on Wednesday.

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Canon to buy Toshiba Medical for around $6.2 billion: Nikkei

Sharp’s banks set to offer additional aid as part of Foxconn deal: source

By Taro Fuse TOKYO (Reuters) – Sharp Corp's two main banks are set to lower interest rates on billions of dollars in loans and offer other financial support as part of a planned takeover by Taiwan's Foxconn, a source with direct knowledge of the plan said. The core banking units of Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group Inc have extended the vast majority of Sharp's 510 billion yen ($4.5 billion) in syndicated loans which are…

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Sharp’s banks set to offer additional aid as part of Foxconn deal: source

China’s ZTE says suppliers need to apply for U.S. export license

By Donny Kwok HONG KONG (Reuters) – Chinese telecommunications equipment maker ZTE Corp said on Wednesday its suppliers must seek licences to provide materials, in line with newly imposed U.S. restrictions on the company. The news, confirming a Reuters report on Tuesday, comes a day after the U.S. Commerce Department slapped export restrictions on ZTE for alleged Iran sanctions violations, a move that is expected to disrupt its sprawling global supply chain. The U.S. …

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China’s ZTE says suppliers need to apply for U.S. export license

Bezos’ space company aims for passenger flights in 2018

By Irene Klotz KENT, Wash. (Reuters) – Jeff Bezos' space company Blue Origin expects to begin crewed test flights of its reusable suborbital New Shepard vehicle next year and begin flying paying passengers in 2018, Bezos told reporters on Tuesday. Bezos’ remarks, made during the first ever media tour of the Blue Origin manufacturing facility, marked the first time the billionaire founder of…

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Bezos’ space company aims for passenger flights in 2018

Valeant sets earnings date, shares jump on hope for positive news

(Reuters) – Valeant Pharmaceuticals International Inc , the subject of intense scrutiny over its business practices and pricing policies, said it would release preliminary quarterly results and guidance on March 15, raising hopes the company will serve up some positive news after months of uncertainty. Valeant's stock – which had plunged 24 percent since the company said last week that it would delay its …

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Valeant sets earnings date, shares jump on hope for positive news

U.S. slaps export curbs on China’s ZTE over alleged Iran scheme

The United States is imposing export restrictions on China's ZTE Corp and three other entities over an alleged scheme developed by the telecoms equipment maker to re-export controlled items to Iran, contrary to U.S. law, according to a U.S. notice on Monday. The U.S. Commerce Department, in the public notice, cited ZTE documents that showed the mobile handset maker planned to use shell companies in the scheme, leading the department to impose export curbs…

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U.S. slaps export curbs on China’s ZTE over alleged Iran scheme

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