Business

AT&T on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive said it was a “big mistake” to hire Michael Cohen, President Donald Trump’s personal attorney, for advice on working with the Trump administration. AT&T paid Essential Consultants, a firm set up by Cohen, a total of $600,000 over 2017 for
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Even some potential victims of modernisation have been borne in mind. Mikael Karlsson, a former driver and football coach, displays a fan of glossy homeless charity magazines and sports an ID badge with a QR code. Anyone wanting to buy a copy just has to scan the code with their app. “When I started, I
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Check out the companies making headlines before the bell: Booking Holdings – The company reported adjusted quarterly profit of $12 per share, beating the consensus estimate of $10.70 a share. The company formerly known as Priceline also saw revenue beat forecasts, but the travel website operator gave weaker-than-expected earnings and revenue guidance for the second
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Reactions are split on California’s decision to mandate solar panels on new homes in the state. The measure, approved by California regulators in a unanimous decision on Wednesday, will require all new residential buildings, including apartments and condos that are three stories or fewer, to have rooftop solar panels starting in 2020. The California Energy
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Passengers could opt to take a later flight in exchange for compensation. But they can also be involuntarily bumped, when there are no volunteers. Airlines often select which passengers to bump based on the fare paid and the passenger’s frequent flyer status. If you’re involuntarily bumped, you are likely entitled to some money from the
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BNP Paribas reported a 17 percent fall in net income during the first quarter of the year, highlighting “lackluster” trading activity in Europe. Here are some of the highlights: Revenues: 10 billion euros ($11.98 billion) in the first quarter of 2018, compared to 11 billion euros in the first quarter of 2017. Operating income: 1.923
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Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker’s diesel emissions cheating. Volkswagen did not immediately comment An indictment filed in secret in March was unsealed in U.S. District Court on the same day as Volkswagen’s annual meeting
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