News

Thu, 12 Dec 2019 00:46:41 -0500
Asian stocks rose on Thursday to the highest in a month after the Federal Reserve signalled rate settings were likely to remain accommodative, but the imminent UK election and a deadline for Sino-U.S. trade talks kept investors cautious.
Wed, 11 Dec 2019 23:18:31 -0500
Australia said on Thursday technology giants such as Facebook Inc and Google will have to agree to new rules to ensure they do not abuse their market power and damage competition, or the government will impose new controls on them.
Wed, 11 Dec 2019 22:07:19 -0500
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with moderate economic growth and historically low unemployment expected to persist through the 2020 presidential election.
Wed, 11 Dec 2019 22:07:19 -0500
U.S. short-term interest rate futures were slightly lower Wednesday after the Federal Reserve held interest rates steady and signaled most policymakers see little chance they will need to tweak borrowing costs until after next year's presidential election.
Wed, 11 Dec 2019 22:07:19 -0500
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.
Wed, 11 Dec 2019 21:55:09 -0500
Oil prices edged higher on Thursday with the market mood switching to relief as OPEC forecast a supply deficit next year, from doom and gloom over data showing a surprise increase in U.S. crude inventories.
Wed, 11 Dec 2019 20:02:49 -0500
U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to discuss planned Dec. 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said, as markets braced for potential negative impacts.
Wed, 11 Dec 2019 19:41:38 -0500
Stronger worker and environmental protections top changes to a new version of the North American trade deal signed by U.S., Mexican and Canadian officials on Tuesday that clears the way for a long-delayed vote in the U.S. Congress.
Wed, 11 Dec 2019 19:41:38 -0500
Revising the U.S.-Mexico-Canada trade agreement took a year of acrimonious talks among Democrats, the chief U.S. negotiator and a labor union president - and may have set a world record for phones being slammed down in anger, according to one negotiator.
Wed, 11 Dec 2019 19:41:08 -0500
The United Auto Workers (UAW) union said on Wednesday that rank-and-file members at Fiat Chrysler Automobiles NV have voted in favor of a new four-year labor contract with the automaker, helping the Italian-American firm avoid a strike as it works to merge with France's Groupe PSA.
Wed, 11 Dec 2019 19:40:46 -0500
The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues involving Boeing Co's 737 MAX and confirmed the agency will not approve the grounded commercial jet for flight before year end.
Wed, 11 Dec 2019 19:40:46 -0500
Airlines face significant problems if the return to service of the Boeing 737 MAX drags on for months longer, the head of the International Air Transport Association said on Wednesday.
Wed, 11 Dec 2019 19:40:46 -0500
U.S. Federal Aviation Administration (FAA) chief Steve Dickson confirmed on Wednesday the agency will not allow Boeing Co's grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019.
Wed, 11 Dec 2019 19:39:57 -0500
Sky's the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit.
Wed, 11 Dec 2019 19:39:57 -0500
Alliances and partnerships involving development and deployment of autonomous vehicles continue to mushroom.
Wed, 11 Dec 2019 19:39:57 -0500
Bryan Salesky had little way of knowing in 2007 that his teammates and rivals in a U.S. Defense Department-sponsored competition were laying the foundations for future self-driving businesses now valued at billions of dollars.
Wed, 11 Dec 2019 19:39:34 -0500
Mexican business leaders on Wednesday began poring over texts of a new stricter trade deal with the United States and Canada, looking for details of how more intrusive enforcement of labor rules in Mexico would affect their operations.
Wed, 11 Dec 2019 19:39:34 -0500
The Business Roundtable, a trade group of top U.S. chief executives, announced Wednesday its members backed the revised U.S.-Mexico-Canada (USMCA) trade deal after negotiators brought the hard-won agreement across the finishing line.
Wed, 11 Dec 2019 19:36:12 -0500
Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
Wed, 11 Dec 2019 18:17:24 -0500
Legendary U.S. oilman Harold Hamm, who once called the Organization of the Petroleum Exporting Countries a "toothless tiger," will step down as chief executive of Continental Resources and become its executive chairman, the company said on Wednesday.