PRESS DIGEST- New York Occasions enterprise information – July 30

July 30 (Reuters) – The next are the highest tales on the New York Occasions enterprise pages. Reuters has not verified these tales and doesn’t vouch for his or her accuracy.

– Commerce talks between the USA and China resumed on Monday with prospects dimming for a transformative deal, as each side appeared extra targeted on stopping tensions from escalating earlier than the 2020 presidential election than on making concessions.

– A software program engineer in Seattle hacked right into a server holding buyer data for Capital One Monetary Corp and obtained the non-public knowledge of over 100 million folks, federal prosecutors mentioned on Monday, in one of many largest thefts of knowledge from a financial institution.

– Uber Applied sciences Inc mentioned it laid off a 3rd of its advertising workforce on Monday, or about 400 folks, because the ride-hailing firm tries to chop prices and streamline its operations after its preliminary public providing in Could.

– Pfizer Inc agreed on Monday to mix its off-patent medicine division, which sells therapies just like the ldl cholesterol drug Lipitor, with the pharmaceutical firm Mylan NV, creating a possible powerhouse within the more and more difficult enterprise of manufacturing generic medicines.

Compiled by Bengaluru newsroom

Author: Maxwell C.

Leave a Reply

Your email address will not be published. Required fields are marked *