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Pfizer to reorganize into 3 business units, including a new hospital medicines business

Pfizer Inc. PFE, + 0.73% announced Wednesday a plan to reorganize into three companies, including a new hospital business unit for anti-infective and sterile injectables. The new unit of hospital drugs will be part of Innovative Medicines, which will also include all current innovative and biosimilar healthcare units. The other units will be Fundamental Drugs, which will include most of …

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New Round of U.S.-China Trade War Rattles Global Markets

HONG KONG – The intensification of President Trump's trade war with China has brought down global markets. China brought down the market in Asia and Europe, with stocks closing nearly 2% on the day, after the Trump administration threatened to impose new tariffs on Chinese goods. Equities in Japan and South Korea also decreased, although to a lesser extent. In …

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China shares drop, yuan falters on new U.S. tariff threats

SHANGHAI (Reuters) – Chinese stock markets plummeted on Wednesday after three days of gains and the yuan weakened as the United States threatened higher import duties on Chinese goods, sharply escalating trade conflict between the world's two largest economies . PHOTO FILE – An investor's feet are depicted as he looks at a display board showing stock prices at a …

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Ajit Pai’s FCC Doesn’t Want to Hear Your Complaints Unless You Pay Them $225

Photos: Win McNamee (Getty Images) Ajit Pai and the Republican-controlled Federal Communications Commission successfully rejected Barack Obama's network neutrality guidelines at the start of this year , but they have not yet messed up with consumers. According to the Verge, the FCC is now pondering a plan that could ensure that its staff will only review complaints against telecommunications after …

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Uber CEO Dara Khosrowshahi memo human resources Liane Hornsey resigns

Uber CEO Dara Khosrowshahi sent an email to the staff on Tuesday night for Hornsey's resignation. Getty The CEO of Uber Dara Khosrowshahi has done nothing but praise Liane Hornsey, a human resources executive who left her role on Tuesday, despite reports that not everyone was happy with her work. Liane Hornsey resigned from Uber Tuesday Uber Hornsey's departure, reported …

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Uber’s head of HR resigns after an investigation into how she handled allegations of racial discrimination

Liane Hornsey, Uber's Chief People Officer, resigned Tuesday Tero Vesalainen / Shutterstock SAN FRANCISCO (Reuters) – Uber Technologies inc. Agents agent Liane Hornsey has resigned in an e-mail to the staff on Tuesday, following an investigation into how she managed the allegations of racial discrimination at the passing company. The resignation came after Reuters contacted Uber on Monday on the …

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