News

Sat, 20 Oct 2018 04:50:41 -0400
(This Oct. 19 story has been refiled to fix wording in fourth paragraph)
Sat, 20 Oct 2018 02:25:31 -0400
Swiss bank UBS Group AG. has asked its China wealth management staff to reconsider their travel plans to the country after authorities there asked one of its bankers to delay her departure from Beijing to meet with local officials, a person familiar with the matter said.
Sat, 20 Oct 2018 00:35:35 -0400
The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailing Wall Street's rally.
Fri, 19 Oct 2018 21:07:16 -0400
Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in "neutral" territory where it is neither stimulating nor restricting economic growth, Dallas Federal Reserve President Robert Kaplan said on Friday.
Fri, 19 Oct 2018 19:04:43 -0400
General Motors Co Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors.
Fri, 19 Oct 2018 18:49:46 -0400
Apple Inc Chief Executive Tim Cook on Friday told an online news website that Bloomberg should retract a story that claimed Apple's internal computer systems had been infiltrated by malicious computer chips inserted by Chinese intelligence agents.
Fri, 19 Oct 2018 17:53:30 -0400
The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth.
Fri, 19 Oct 2018 16:49:53 -0400
Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report said Britain is ready to drop a key Brexit demand.
Fri, 19 Oct 2018 16:14:03 -0400
U.S. President Donald Trump is scheduled to meet the chief executives of the biggest U.S. defense companies at Luke Air Force Base in Arizona on Friday to discuss how they can source more parts and materials domestically, people familiar with the meeting said on Friday.
Fri, 19 Oct 2018 16:11:20 -0400
Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as U.S. tax breaks for Tesla cars are about to decrease.
Fri, 19 Oct 2018 16:03:58 -0400
Cybersecurity software maker CrowdStrike Inc has hired investment bank Goldman Sachs Group to prepare for an initial public offering that could come in the first half of next year, people familiar with the matter said on Friday.
Fri, 19 Oct 2018 16:03:27 -0400
Leading owners of prime U.S. office space are taking a page from the hotel industry to boost profits from coworking's rapid growth and to mitigate some of the risk they assume when signing long-term leases with these flexible workspace providers.
Fri, 19 Oct 2018 15:55:20 -0400
Honeywell International Inc said on Friday the U.S. Securities and Exchange Commission had opened an investigation into its accounting for asbestos-related liabilities.
Fri, 19 Oct 2018 15:26:37 -0400
AbbVie Inc said on Friday that William Chase stepped down as chief financial officer and will retire from the company in mid-2019, and the U.S. drugmaker promoted controller, Robert Michael, to the CFO role.
Fri, 19 Oct 2018 15:22:44 -0400
JPMorgan Chase & Co said on Friday that it was building a new "fintech campus" in Silicon Valley for more than 1,000 employees, as it pushes to keep abreast of changes in digital payments.
Fri, 19 Oct 2018 15:19:41 -0400
The Canadian government on Friday said Lockheed Martin Corp would be given first chance to bid on a contract to design 15 warships that will end up costing Canada around C$60 billion ($46 billion).
Fri, 19 Oct 2018 14:56:03 -0400
Wanda Ferragamo, the honorary president of the Florentine shoemaker founded by her husband Salvatore, has died at the age of 96, the family said on Friday.
Fri, 19 Oct 2018 14:35:06 -0400
Fans of Swiss Army perfume can breathe a sigh of relief: the government and knifemaker Victorinox have settled a legal row that paves the way for military-grade scents to be sold in North America.
Fri, 19 Oct 2018 14:18:38 -0400
The U.S. Treasury said on Friday it was extending a deadline for investors to divest certain operations, debt and equity of sanctioned Russian company Gaz Group until Dec. 12.
Fri, 19 Oct 2018 13:43:45 -0400
A U.S. regulatory council announced on Wednesday it had removed the systemically risky label from Prudential Financial , freeing the insurance company from more rigorous oversight by the Federal Reserve.