Business Stories from January 30, 2020 (Change date)
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Apple, Broadcom told to pay Caltech $1.1B in patent lawsuitJan 29, 2020 11:31 pm - LOS ANGELES (AP) - A federal jury on Wednesday decided that Apple Inc. and Broadcom Inc. must pay $1.1 billion to the California Institute of Technology for infringing o...
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Deutsche Bank loss widens in Q4 on restructuring costsJan 30, 2020 12:31 am - BERLIN (AP) - Germany's Deutsche Bank said Thursday that its net loss widened in the fourth quarter as a result of charges related to a sweeping restructuring program. G...
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Uber, Lyft confirm Phoenix airport business as usual for nowJan 30, 2020 7:31 am - PHOENIX (AP) - Ride-hailing companies Uber and Lyft say they won't change their service at Phoenix Sky Harbor International Airport until Arizona's highest court rules o...
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Eurozone unemployment falls to lowest level since May 2008Jan 30, 2020 5:31 am - BRUSSELS (AP) - Unemployment across the 19 countries that share the euro currency has fallen to its lowest level in nearly 12 years, official figures showed Thursday. Th...
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Amazon's latest milestone: 150 million Prime membersJan 30, 2020 5:31 pm - NEW YORK (AP) - Amazon had another prime holiday season. The online retailer said Thursday it has more than 150 million Prime members worldwide who pay $119 a year for f...
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Survey: University investments saw slower growth in 2019Jan 29, 2020 11:31 pm - BOSTON (AP) - Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America...
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Federal Reserve proposes loosening rules on bank investmentsJan 30, 2020 10:01 am - WASHINGTON (AP) - The Federal Reserve approved a proposal Thursday to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. Th...
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World markets tumble as fears over virus outbreak spreadJan 30, 2020 6:31 am - Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help s...
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UPS deftly navigates shipping surge, hit by pension chargeJan 30, 2020 4:31 pm - Shares of United Parcel Service Inc. slumped Thursday after the package-delivery company gave a cautious outlook for 2020 as it invests more in its network to speed up d...
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Toyota's 2019 global vehicle sales trail Volkswagen'sJan 29, 2020 11:01 pm - TOKYO (AP) - German automaker Volkswagen has kept its lead as the world's largest automaker after Japanese rival Toyota announced it sold fewer vehicles last year. Toyo...