SK Hynix submitted bid for a Toshiba memory business stake: Source

South Korea’s SK Hynix has submitted an initial bid to acquire a stake in Toshiba’s memory chip business, a person familiar with the matter told Reuters on Tuesday. The person said it has not been decided how much a stake SK Hynix, the world’s No. 2...

3 Trump Cabinet officials will still be receiving millions from corporate America

At least three of Donald Trump’s Cabinet officials are receiving multimillion-dollar payouts — so-called “golden parachutes” — from the companies they are leaving to join the federal government. Exxon Mobil will pay Rex Tillerson, its...

Silicon Valley takeover at major startup follows weeks of internal turmoil

Silicon Valley’s quest to reinvent the cash register has hit some turbulence, with a shakeup at a major startup that follows weeks of internal turmoil, BuzzFeed News has learned.Revel Systems, which has raised more than $130 million and deployed its software in...

Op-Ed: The big lesson of Trump’s first 2 weeks: Resistance works

It’s easy to miss amidst Donald Trump’s frenetic pace of activity and nonstop media coverage, but the most important story in American politics right now isn’t about what Trump’s doing: It’s that the opposition is working. The millions of...

Viacom CEO to present turnaround strategy on Thursday

Newly named Viacom Chief Executive Officer Bob Bakish will outline his plans to revive the company’s struggling business on Thursday during an earnings call, he told shareholders on Monday. Bakish is focused on fixing the MTV channel and Paramount Pictures film...

Boeing’s $17 billion Iran jet deal still at risk as US tensions ratchet up with Tehran

Boeing’s agreement to sell 80 passenger jets to Iran may not be directly impacted by new U.S. sanctions on Tehran but the deal still could unravel, according to analysts. President Donald Trump’s administration on Friday imposed new sanctions on Iran after...