A bipartisan group
of U.S. senators sent a letter to regulators on Thursday
expressing concern that financial technology startup Robinhood
may not be offering full transparency to its customers over the
botched launch of its new cash management service.
The U.S.-China trade war is
spooking potential investors in soybean crushing plants planned
for Wisconsin and New York state, developers said, casting doubt
on the future of a sector that had been a rare bright spot in
the U.S. farm economy.
Campbell Soup Co
is close to naming Mark Clouse, the former CEO of Pinnacle
Foods, as its new chief executive, people familiar with the
matter said on Thursday, a key step in the U.S. company's
efforts to regain market share and boost profits.
The Nasdaq Composite Index
, known for its high-profile technology and internet
companies, dropped into bear market territory in intraday
trading on Thursday, the latest segment of the U.S. stock market
to fall more than 20 percent from its previous high.
Marlboro cigarette maker Altria Group Inc
will buy a 35 percent stake in Juul Labs Inc for $12.8
billion, a marriage between an old-line tobacco giant and a
fast-growing electronic-cigarette rival looking to make inroads