Shares of Hewlett Packard Enterprise Co. HPE, +8.86% soared 10% on Wednesday after the company announced earnings and said that it would spin off its enterprise services unit in a merger with CSC, but analysts haven't been as quick to celebrate.
LONDON Royal Dutch Shell will cut a further 2,200 jobs, taking its target for layoffs to 12,500 by the end of the year, the Anglo-Dutch oil firm said on Wednesday, as it cuts deeper in the face of weak oil prices.
BOSTON (CN) - The National Labor Relations Board sued the union representing striking Verizon workers on Monday, claiming its members are conducting illegal secondary pickets against hotels that house contract workers.
If Walt Disney Co. executives thought they were going to open a theme park in mainland China without major opposition, they were wrong.
A news conference by drivers for ride-hailing services and their political allies kicked off Wednesday's PR battle, which included a hearing on an ordinance to regulate Lyft, Uber and similar services.