|
Nov 14, 2018
Oil prices bounced from multi-month lows on Wednesday but stocks fell as disappointing data heightened worries over slowing global growth, while the pound wavered as Prime Minister Theresa May faced the hard task of selling her Brexit deal.
|
|
Nov 14, 2018
Sears Holdings Corp is finalizing a deal with financial firm Great American Capital Partners and other lenders for $350 million in bankruptcy financing that would keep the retailer open through the holiday season while it attempts to reorganize, people familiar with the matter said on Wednesday.
|
|
Nov 14, 2018
Oil rose on Wednesday, recouping some of the previous session's slide, on the growing prospect of OPEC and allied producers cutting output at a meeting next month to prop up the market.
|
|
Nov 14, 2018
The U.S. Federal Aviation Administration and Boeing Co are evaluating the need for software or design changes to 737 MAX jets in the wake of last month's deadly Lion Air crash in Indonesia, the regulator said on Tuesday.
|
|
Nov 14, 2018
A group of three law firms representing multiple victims of California's deadliest wildfire has filed a lawsuit against PG&E Corp alleging negligence and health and safety code violations by the utility company in the blaze that has killed at least 48 people.
|
|
Nov 14, 2018
Shares of utility PG&E Corp fell 18 percent on Wednesday after the company warned of liquidity concerns if its equipment was found responsible for starting the Camp wildfire currently raging in California.
|
|
Nov 14, 2018
Tesla Inc co-founder Elon Musk and Mexico's tequila producers could be headed for a collision after the agave-based drink's industry group opposed the flamboyant billionaire's efforts to trademark an alcoholic drink dubbed "Teslaquila."
|
|
Nov 14, 2018
The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc for information about its March 2017 initial public offering, the social media app maker told Reuters on Tuesday.
|
|
Nov 14, 2018
U.S. stocks opened higher on Wednesday, after consumer prices in October rose as expected, keeping the Federal Reserve on track for gradual interest rate hikes, while a rebound in oil prices lifted energy stocks.
|
|
Nov 14, 2018
Macy's Inc raised its annual earnings forecast on Wednesday, signaling a strong holiday shopping season ahead, as the department store chain builds on a recovery strategy that focuses on its well-performing stores and expanding online.
|
|
Nov 14, 2018
OPEC and its partners are discussing a proposal to cut oil output by 1.4 million barrels per day (bpd), three sources familiar with the issue said, although Russia may not be on board for such a large reduction.
|
|
Nov 14, 2018
The United States' message to other oil producing countries is that the world economy needs stable supplies of energy, U.S. Energy Secretary Rick Perry said on Wednesday.
|
|
Nov 14, 2018
U.S. consumer prices increased by the most in nine months in October amid gains in the cost of gasoline and rents, pointing to steadily rising inflation that likely will keep the Federal Reserve on track to raise interest rates again next month.
|
|
Nov 14, 2018
Clouds crowded the Illinois sky as Nick Harre walked away from his combine at the peak of harvest to join four fellow farmers in greeting some unlikely visitors.
|
|
Nov 14, 2018
Ford Motor Co , Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday.
|
|
Nov 14, 2018
South Korea's top financial regulator said Samsung BioLogics Co Ltd had intentionally breached accounting rules ahead of its 2016 listing, leading to a suspension in trading of the biotech firm's shares and a review of its listing status.
|
|
Nov 14, 2018
Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion fund to invest in startups, adding to a year of big-dollar fund-raising by tech investors.
|
|
Nov 14, 2018
US consumer credit reporting agency TransUnion said on Wednesday Chief Executive Officer James Peck, who led the initial public offering of the company in 2015, will retire in May and be succeeded by Christopher Cartwright.
|
|
Nov 14, 2018
Deliveries of Skoda Auto cars, part of the Volkswagen Group , dropped 7.4 percent in October, largely in European markets due to conversions to conform to the Worldwide Harmonised Light Vehicle Test (WLTP) anti-pollution rules.
|
|
Nov 14, 2018
The euro struggled below $1.13 on Wednesday as Italy stuck to its deficit target in a re-submitted draft budget and after confirmation that the euro zone economy grew at its slowest pace in four years in the third quarter.
|
|
Apr 24, 2018
CHICAGO/BENGALURU (Reuters) - Citigroup Inc Chairman Mike O'Neill said on Tuesday all options were being considered for his replacement, when he will retire in the next 12 months.
|
|
Apr 24, 2018
(Reuters) - U.S. stocks turned negative on Tuesday, weighed down by shares of Alphabet and 3M and as yield on the 10-year Treasury notes rose to 3 percent for the first time in more than four years.
|
|
Apr 24, 2018
FRANKFURT (Reuters) - The supervisory board of Deutsche Bank has voiced support for its chairman, Paul Achleitner, who has come under fire for his handling of management changes at the bank.
|
|
Apr 24, 2018
WASHINGTON (Reuters) - U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter.
|
|
Apr 24, 2018
(Reuters) - Lockheed Martin Corp reported a better-than-expected quarterly profit and raised its full-year forecast Tuesday, but the Pentagon's No.1 weapons supplier failed to raise its outlook for cash flow, pushing shares lower.
|
|
Apr 24, 2018
(Reuters) - Coca-Cola Co beat Wall Street estimates with quarterly results on Tuesday, citing more demand for Coke Zero Sugar and new flavors under its Diet Coke brand as overall revenue topped expectations by around $300 million.
|
|
Apr 24, 2018
MEXICO CITY (Reuters) - Ministers from the United States, Canada and Mexico meeting in Washington could agree on a revised North American Free Trade Agreement in the next 10 days, a Mexican business leader said on Tuesday.
|
|
Apr 24, 2018
PARIS (Reuters) - U.S. software company Salesforce will invest more than $2.2 billion in its French business over the next five years, it said on Tuesday, in another sign of America Inc's new love affair with France since President Emmanuel Macron's election.
|
|
Apr 24, 2018
MENLO PARK, Calif. (Reuters) - Facebook Inc on Tuesday released a rule book for the types of posts it allows on its social network, giving far more detail than ever before on what is permitted on subjects ranging from drug use and sex work to bullying, hate speech and inciting violence.
|
|
Apr 24, 2018
(Reuters) - Verizon Communications Inc reported better-than-expected first-quarter results on Tuesday as the No. 1 U.S. wireless carrier lost fewer monthly phone subscribers than feared.
|
|
Feb 27, 2018
NEW YORK (Reuters) - Macy's Inc on Tuesday said sales at established stores could mark their first annual gain in four years, pinning its hopes on a new loyalty program, more off-price selling and private-label brands.
|
|
Feb 27, 2018
WASHINGTON (Reuters) - Supreme Court justices on Tuesday wrestled with Microsoft Corp's dispute with the U.S. Justice Department over whether prosecutors can force technology companies to hand over data stored overseas, with some signaling support for the government and others urging Congress to pass a law to resolve the issue.
|
|
Feb 27, 2018
LONDON (Reuters) - U.S. cable giant Comcast Corp has offered $31 billion for Sky Plc , threatening a plan hatched by Rupert Murdoch's Twenty-First Century Fox Inc and Walt Disney Co to seize control of Europe's biggest pay-TV group.
|
|
Feb 27, 2018
WASHINGTON/MEXICO CITY (Reuters) - U.S. trade officials are due to meet auto industry executives on Tuesday, three sources said, in a possible sign of increased discussion of automotive content requirements that have become a sticking point in efforts to rework the NAFTA trade deal.
|
|
Feb 27, 2018
WASHINGTON (Reuters) - PayPal Holdings Inc , parent of peer-to-peer payments app Venmo, has settled U.S. charges it failed to give critical disclosures to users regarding privacy and the availability of funds transferred into a Venmo account, the Federal Trade Commission said on Tuesday.
|
|
Feb 27, 2018
(Reuters) - U.S. stocks fell sharply on Tuesday after Federal Reserve Chairman Jerome Powell's comments on strengthening economy and inflation boosted bets the central bank would squeeze in a fourth rate hike this year.
|
|
Feb 27, 2018
WASHINGTON (Reuters) - New orders for U.S.-made capital goods unexpectedly fell for a second straight month in January and shipments barely rose, pointing to a slowdown in business spending on equipment and in economic growth early in the first quarter.
|
|
Feb 27, 2018
BOSTON (Reuters) - The parent of Fidelity Investments said on Tuesday that operating profit in 2017 rose 54 percent to $5.3 billion, even as customers continued to yank billions of dollars from its actively managed mutual funds.
|
|
Feb 27, 2018
WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell, pledging to "strike a balance" between the risk of an overheating economy and the need to keep growth on track, told U.S. lawmakers on Tuesday that the central bank would stick with gradual interest rate increases despite the added stimulus of tax cuts and government spending.
|
|
Feb 27, 2018
(Reuters) - JPMorgan Chase & Co offered a sunny business outlook on Tuesday, saying higher interest rates, increased automation and growth in all of its business units could boost pretax profit by 17.5 percent over the next few years.
|
|
