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Trump taps Fed centrist Powell to lead U.S. central bank
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Trump taps Fed centrist Powell to lead U.S. central bank
Trump taps Fed centrist Powell to lead U.S. central bank: President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but...
iPhone X demand will be substantial but not exceptional
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iPhone X demand will be substantial but not exceptional
Iphone X demand will be substantial but not exceptional: Days before Apple Inc’s much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional, with...
Toshiba keen to seal $18 billion chips sale wrestles with last-minute delays
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Toshiba keen to seal $18 billion chips sale wrestles with last-minute delays
Toshiba keen to seal $18 billion chips sale wrestles with last-minute delays: Japan’s Toshiba Corp (6502.T) is locked in last minute discussions over “key issues” with the would-be buyers of its $18 billion memory chip...
Billion Dollar Bumble How Whitney Wolfe Herd Built Americas Fastest
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Billion Dollar Bumble How Whitney Wolfe Herd Built Americas Fastest
Billion Dollar Bumble How Whitney Wolfe Herd Built Americas Fastest: When Whitney Wolfe Herd started planning an October launch party for a new product at Bumble, America’s fastest-growing dating-app company, she was...
Brazil OKs amended bill on car hailing apps after Uber lobbying
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Brazil OKs amended bill on car hailing apps after Uber lobbying
Brazil OKs amended bill on car hailing apps after Uber lobbying: Dara Khosrowshahi, who held talks with senior Brazilian officials in the capital Brasilia, had called on senators to remove rules in proposed legislation that would...
Asia sluggish after Wall Street slips dollar sags on White House woes
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Asia sluggish after Wall Street slips dollar sags on White House woes
Asia sluggish after Wall Street slips dollar sags on White House woes: Asian stocks were mostly sluggish on Tuesday after weakness on Wall Street, while the dollar sagged following news that investigators probing Russian...
EU eyes solo move to increase tax on online giants risking U.S. anger
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EU eyes solo move to increase tax on online giants risking U.S. anger
EU eyes solo move to increase tax on online giants risking U.S. anger: The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the United...
Broadcom plans record tech deal with Qualcomm bid
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Broadcom plans record tech deal with Qualcomm bid
Broadcom plans record tech deal with Qualcomm bid: Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, three sources familiar with the matter said on Friday, an...
Jury Awards $7.5M to Man For Walmart Watermelon Injury
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Jury Awards $7.5M to Man For Walmart Watermelon Injury
Jury Awards $7.5M to Man For Walmart Watermelon Injury: An Alabama jury has awarded $7.5 million to a man who says he broke his hip buying a watermelon at WalMart.
Henry Walker, 61, says his foot became trapped in a pallet beneath a box of...
Oil prices rise on tightening supply strong demand
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Oil prices rise on tightening supply strong demand
Oil prices rise on tightening supply strong demand: Brent crude futures LCOc1, the international benchmark for oil prices, were at $57.90 at 0131 GMT, up 15 cents, or 0.26 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude...
Trump Considers Naming Mulvaney Interim CFPB Director
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Trump Considers Naming Mulvaney Interim CFPB Director
Trump Considers Naming Mulvaney Interim CFPB Director: Mick Mulvaney once called the Consumer Financial Protection Bureau “a sad, sick joke.” Now, he may get to oversee Elizabeth Warren’s favorite regulator.
Mulvaney, President Donald Trump’s ...
Mark Cuban says tax rates have almost no impact on investment
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Mark Cuban says tax rates have almost no impact on investment
Mark Cuban says tax rates have almost no impact on investment: Billionaire entrepreneur and potential presidential candidate Mark Cuban said on Wednesday that a cut in the U.S. corporate tax rate would have little to no effect on his...
Buy signal blares for cell-tower stocks in 2017
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Buy signal blares for cell-tower stocks in 2017
Buy signal blares for cell-tower stocks in 2017: Shares of American Tower Corp (AMT.N), Crown Castle International Corp (CCI.N) and SBA Communications Corp (SBAC.O) all closed up more than 2 percent on Monday. Reuters on Monday reported that...
Sessions declines to say if White House asked about AT&T Time Warner merger
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Sessions declines to say if White House asked about AT&T Time Warner merger
Sessions declines to say if White House asked about AT&T Time Warner merger: “I am not able to comment on conversations or communications the Department of Justice top people have with top people at the White H...
Billion Dollar Bumble How Whitney Wolfe Herd Built Americas Fastest
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Billion Dollar Bumble How Whitney Wolfe Herd Built Americas Fastest
Billion Dollar Bumble How Whitney Wolfe Herd Built Americas Fastest: When Whitney Wolfe Herd started planning an October launch party for a new product at Bumble, America’s fastest-growing dating-app company, she was...
Sessions declines to say if White House asked about AT&T Time Warner merger
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Sessions declines to say if White House asked about AT&T Time Warner merger
Sessions declines to say if White House asked about AT&T Time Warner merger: “I am not able to comment on conversations or communications the Department of Justice top people have with top people at the White H...
Asian stocks flat after Wall Street pullback euro gains before ECB
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Asian stocks flat after Wall Street pullback euro gains before ECB
Asian stocks flat after Wall Street pullback euro gains before ECB: MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat. Australian stocks and South Korea’s KOSPI .KS11 both inched down...
Nvidia investors should ignore the noise about a Tesla-AMD partnership
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Nvidia investors should ignore the noise about a Tesla-AMD partnership
Nvidia investors should ignore the noise about a Tesla-AMD partnership: Shares of Nvidia Corp. sank in active trade Thursday, amid worries that Tesla Inc. was now working with Advanced Micro Devices Inc. on self-driving cars,...
Silicon Valley blasts Senate proposal to tax startup options
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Silicon Valley blasts Senate proposal to tax startup options
Silicon Valley blasts Senate proposal to tax startup options: A proposal by the U.S. Senate to change the way shares in startup companies are taxed incited panic and dread in Silicon Valley on Monday, with startup founders and...
Taiwan fines Qualcomm $774 million for antitrust violations
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Taiwan fines Qualcomm $774 million for antitrust violations
Taiwan fines Qualcomm $774 million for antitrust violations: Qualcomm Inc (QCOM.O) faces an antitrust fine in Taiwan, the latest in a years-long streak of regulatory setbacks to its business model that comes as it also fights U.S....
Sessions declines to say if White House asked about AT&T Time Warner merger
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Sessions declines to say if White House asked about AT&T Time Warner merger
Sessions declines to say if White House asked about AT&T Time Warner merger: “I am not able to comment on conversations or communications the Department of Justice top people have with top people at the White H...
Sessions declines to say if White House asked about AT&T Time Warner merger
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Sessions declines to say if White House asked about AT&T Time Warner merger
Sessions declines to say if White House asked about AT&T Time Warner merger: “I am not able to comment on conversations or communications the Department of Justice top people have with top people at the White H...
Amazon Studios chief resigns after harassment allegations
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Amazon Studios chief resigns after harassment allegations
Amazon Studios chief resigns after harassment allegations: Price went on a leave of absence last week and Albert Cheng, the studio’s chief operating officer, remains interim head of the division, the spokeswoman said.
Price did not return...
Disney Ends Ban on Los Angeles Times Amid Fierce Backlash
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Disney Ends Ban on Los Angeles Times Amid Fierce Backlash
Disney Ends Ban on Los Angeles Times Amid Fierce Backlash: Amid a growing backlash, the Walt Disney Company on Tuesday reversed its decision to bar The Los Angeles Times from press screenings of its movies following an investigation by...
Sessions declines to say if White House asked about AT&T Time Warner merger
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Sessions declines to say if White House asked about AT&T Time Warner merger
Sessions declines to say if White House asked about AT&T Time Warner merger: “I am not able to comment on conversations or communications the Department of Justice top people have with top people at the White H...
Amazon sales surge after Whole Foods acquisition
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Amazon sales surge after Whole Foods acquisition
Amazon sales surge after Whole Foods acquisition: Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store. It...
GE explores divesting its transportation healthcare IT businesses
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GE explores divesting its transportation healthcare IT businesses
GE explores divesting its transportation healthcare IT businesses: General Electric Co (GE.N) is exploring divesting its transportation and healthcare information technology businesses, as it seeks to reshape its portfolio under...
Honeywell spins off units worth $7.5 billion in sales keeps aerospace
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Honeywell spins off units worth $7.5 billion in sales keeps aerospace
Honeywell spins off units worth $7.5 billion in sales keeps aerospace, U.S. manufacturer Honeywell International Inc will spin off its home and ADI global distribution business and transportation systems into two independent,...
Toyota scrambles to ready game-changer EV battery for mass market
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Toyota scrambles to ready game-changer EV battery for mass market
Toyota scrambles to ready game-changer EV battery for mass market: All solid-state battery technology is a next-generation, high-capacity energy storage device that improves on today’s lithium-ion batteries, replacing the liquid...
U.S. economy accelerates in second quarter hurricanes expected to slow growth
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U.S. economy accelerates in second quarter hurricanes expected to slow growth
U.S. economy accelerates in second quarter; hurricanes expected to slow growth: The U.S. economy expanded a bit faster than previously estimated in the second quarter, recording its quickest rate of growth in more than...
Sky says it could shut Sky News if Fox takeover blocked
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Sky says it could shut Sky News if Fox takeover blocked
Sky says it could shut Sky News if Fox takeover blocked: Fox’s 10.75 pound-a-share bid to acquire the 61 percent of Sky that it does not already own is being investigated by Britain’s Competition and Markets Authority (CMA), which is exa...
U.S. business spending on equipment robust new home sales surge
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U.S. business spending on equipment robust new home sales surge
U.S. business spending on equipment robust new home sales surge: New orders for key U.S.-made capital goods increased more than expected in September and shipments rose for an eighth straight month, pointing to robust business...
CVS deal for Aetna could help retailer face Amazon entry
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CVS deal for Aetna could help retailer face Amazon entry
CVS deal for Aetna could help retailer face Amazon entry: Shares of Aetna, the third-largest U.S. health insurer, closed down 3 percent on Friday after closing 12 percent higher on Thursday on reports of the deal. CVS Health was down 5.9...
Bankrupt U.S. retailers begin to catch a break
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Bankrupt U.S. retailers begin to catch a break
Bankrupt U.S. retailers begin to catch a break: An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following bankruptcy with most of their stores and employees in the fold.
The new...
Top NAFTA negotiators join talks as U.S. presents draft text on labor
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Top NAFTA negotiators join talks as U.S. presents draft text on labor
Top NAFTA negotiators join talks as U.S. presents draft text on labor: The United States on Tuesday unveiled draft text on labor standards during the negotiations on modernizing the North American Free Trade Agreement as top...
Asia oil buyers turn to U.S. in hunt for cheap supply
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Asia oil buyers turn to U.S. in hunt for cheap supply
Asia oil buyers turn to U.S. in hunt for cheap supply: As many as 11 tankers, partly or fully laden with U.S. crude, are due to arrive in Asia in November, with another 12 to load oil in the United States later in October and November before...
U.S. regulator approves CenturyLinks $24 billion Level 3 acquisition
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U.S. regulator approves CenturyLinks $24 billion Level 3 acquisition
U.S. regulator approves CenturyLinks $24 billion Level 3 acquisition: Telecommunications provider CenturyLink Inc (CTL.N) on Monday won anti-trust approval from the U.S. Federal Communications Commission for its purchase of...
TPP countries to discuss agreement in principle on trade deal
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TPP countries to discuss agreement in principle on trade deal
TPP countries to discuss agreement in principle on trade deal: The remaining 11 countries in the Trans Pacific Partnership (TPP) trade deal will discuss a proposal for an agreement in principle to proceed after the withdrawal of the...