SAN FRANCISCO After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits.
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TOKYO Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data center operator Digital Realty Trust and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.
BEIJING China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with the state planning agency said on Saturday.
Drugmaker Merck & Co Inc , moving to a new sales team structure in the United States, plans to cut 1,800 sales positions, while adding 960 jobs to a new chronic care sales force, the company said on Friday.
SAN FRANCISCO Social media company Snap Inc said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc .
Tesla Inc said on Friday it has increased its borrowing capacity for a car lease program to $1.1 billion from $600 million.
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