News

Tue, 13 Nov 2018 18:20:24 -0500
Oil's slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply.
Tue, 13 Nov 2018 18:07:35 -0500
Amazon.com Inc picked America's financial and political capitals for massive new offices on Tuesday, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, D.C.
Tue, 13 Nov 2018 17:34:55 -0500
Nike Inc on Tuesday named former Coca-Cola Co executive Craig Williams as president of its sports shoes unit Jordan Brand.
Tue, 13 Nov 2018 17:22:30 -0500
Starbucks Corp is laying off about 350 global corporate employees, Chief Executive Officer Kevin Johnson said on Tuesday in a memo to employees, seen by Reuters.
Tue, 13 Nov 2018 17:22:25 -0500
The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks.
Tue, 13 Nov 2018 17:22:23 -0500
Blue Apron Holdings Inc said on Tuesday it would reduce its headcount by 4 percent, as the meal-kit delivery company focuses on its online business to help reverse six straight quarters of revenue declines.
Tue, 13 Nov 2018 17:18:42 -0500
Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products.
Tue, 13 Nov 2018 16:38:14 -0500
Oil prices plunged 7 percent on Tuesday on persistent concerns of oversupply and weakening global demand, causing Wall Street stocks to reverse early gains that were driven by the resumption of trade talks between the United States and China.
Tue, 13 Nov 2018 16:37:39 -0500
Thomson Reuters Corp has appointed tech and media veteran Michael Friedenberg as president of Reuters news and media operations, Thomson Reuters said on Tuesday.
Tue, 13 Nov 2018 16:06:05 -0500
Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country's 5G infrastructure amid concerns this could compromise national security.
Tue, 13 Nov 2018 15:44:55 -0500
The chief executive of Flipkart Group, Walmart Inc's Indian e-commerce business, resigned following an internal probe into accusations of "serious personal misconduct," Walmart said Tuesday.
Tue, 13 Nov 2018 15:36:15 -0500
Home Depot Inc , the biggest U.S. home improvement chain, suggested on Tuesday that the pace of U.S. home sales was slowing, and said impending trade tariffs could force it to raise prices on some products.
Tue, 13 Nov 2018 14:39:21 -0500
Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City's Queens borough and a Northern Virginia suburb of Washington, DC.
Tue, 13 Nov 2018 14:30:54 -0500
Shares of Boeing Co fell on Tuesday on concerns related to last month's deadly crash of a 737 MAX, the newest version of the planemaker's best-selling jet, operated by Indonesia's Lion Air.
Tue, 13 Nov 2018 14:18:09 -0500
Zotye Automobile , a Ford Motor Co partner in China, said on Tuesday it planned to begin selling SUVs in the United States in 2020.
Tue, 13 Nov 2018 13:45:03 -0500
Danske Bank's 200 billion euro ($225 billion) money laundering scandal might be the "tip of the iceberg" and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said.
Tue, 13 Nov 2018 13:27:35 -0500
General Electric Co plans to raise $4 billion in needed cash by year end, the company said on Tuesday, speeding its planned sale of a stake in oilfield services unit Baker Hughes .
Tue, 13 Nov 2018 13:23:03 -0500
The U.S. Justice Department has settled antitrust charges with Sinclair Broadcast Group, Tribune Media Co and four other broadcast companies accused of sharing competitively sensitive information with rivals, the department said on Tuesday.
Tue, 13 Nov 2018 13:20:09 -0500
U.S. President Donald Trump's top economic adviser said on Tuesday that the United States welcomed the resumption of talks with China on trade, while Vice President Mike Pence warned Beijing to change its behavior so as to avoid a new cold war with the United States.
Tue, 13 Nov 2018 12:41:48 -0500
U.S. hedge fund Elliott on Tuesday renewed pressure on South Korea's Hyundai Motor Group, urging it to return $10.6 billion of capital to shareholders and consider selling non-core assets, including costly land it bought in Seoul for new headquarters.