View allAll Photos Tagged USALatestBusinessUpdatesAndNews
A healthy economy but questions over future policy for Fed
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A healthy economy but questions over future policy for Fed
A healthy economy but questions over future policy for Fed: U.S. Federal Reserve Governor Jerome Powell will inherit healthy economic growth and a consensus on monetary policy at least for the next few months, if he is confirmed by the...
Snapchat launches redesign as growth disappoints Wall Street
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Snapchat launches redesign as growth disappoints Wall Street
Snapchat launches redesign as growth disappoints Wall Street: The Venice, California-based firm, whose March stock market debut was the hottest of any tech stock in years, reported revenue and user growth for the third quarter well...
America global influence has dwindled under Donald Trump
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America global influence has dwindled under Donald Trump
America global influence has dwindled under Donald Trump: A presidential tour of Asia cannot hide the fact that America has turned inward, hurting itself and the world.
A YEAR ago this week Donald Trump was elected president. Many people...
Online travel sites getting squeezed by Airbnb hotel chains
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Online travel sites getting squeezed by Airbnb hotel chains
Online travel sites getting squeezed by Airbnb hotel chains: Shares of TripAdvisor (TRIP.O) fell 23 percent on Tuesday, while shares in Priceline (PCLN.O) declined 13.5 percent. Rival Expedia Inc’s (EXPE.O) shares skidded another 2.74 p...
Oil prices settle up on demand forecasts Kurdistan tensions
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Oil prices settle up on demand forecasts Kurdistan tensions
Oil prices settle up on demand forecasts Kurdistan tensions: Oil prices rose for the third day on Wednesday as OPEC forecast higher demand for 2018 and heightened tensions in Kurdistan supported prices.
Brent crude futures LCOc1 rose 33...
Singapore police examine Goldmans role in 1MDB deals
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Singapore police examine Goldmans role in 1MDB deals
Singapore police examine Goldmans role in 1MDB deals: Singaporean prosecutors and police are looking at Goldman Sachs Group’s (GS.N) relationship with the scandal-hit Malaysian state investment fund 1MDB, Bloomberg reported, citing people...
Tesla stock falls on Model 3 delays biggest ever quarterly loss
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Tesla stock falls on Model 3 delays biggest ever quarterly loss
Tesla stock falls on Model 3 delays, biggest-ever quarterly loss: The company also reported its biggest quarterly loss ever, sending shares down nearly 5 percent after hours as the loss was bigger than analysts had expected.
Tesla,...
Backers withdraw two proposals to list U.S. bitcoin funds
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Backers withdraw two proposals to list U.S. bitcoin funds
Backers withdraw two proposals to list U.S. bitcoin funds: An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew two proposals to list bitcoin funds.
Intercontinental Exchange Inc’s...
Kroger exploring sale of convenience stores shares rise
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Kroger exploring sale of convenience stores shares rise
Kroger exploring sale of convenience stores shares rise: Kroger Co (KR.N) said on Wednesday it was exploring the sale of its nearly 800 convenience stores as the No. 1 U.S. supermarket operator strengthens its online businesses in a market...
Wall Street moves to Frankfurt as Brexit doubts grow
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Wall Street moves to Frankfurt as Brexit doubts grow
Wall Street moves to Frankfurt as Brexit doubts grow: Some of the globe’s biggest banks have decided to rent more office space in Frankfurt, bolstering Germany’s financial hub after months of divorce talks between Britain and the EU have left...
Oil elevated as Iraq tensions escalate Asian shares hold firm
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Oil elevated as Iraq tensions escalate Asian shares hold firm
Oil elevated as Iraq tensions escalate Asian shares hold firm: Short-term U.S. bond yields and interest rates jumped after a report U.S. President Donald Trump favored Stanford economist John Taylor to head the Federal...
Uber CEO tells London I'm sorry for the mistakes we've made
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Uber CEO tells London I’m sorry for the mistakes we’ve made
Uber CEO tells London I’m sorry for the mistakes we’ve made: Uber’s Chief Executive apologized on Monday for the taxi app’s mistakes in London and promised to change as the firm fights a decision by the city not...
Danica Roem just gave the classiest response ever to a question about beating Bob Marshall
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Danica Roem just gave the classiest response ever to a question about beating Bob Marshall
Danica Roem just gave the classiest response ever to a question about beating Bob Marshall: Newly elected Virginia state delegate Danica Roem just pulled off the classiest response to ever grace the lips...
Unfit Uber stripped of London license CEO tweets pls work w/us
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Unfit Uber stripped of London license CEO tweets pls work w/us
Unfit Uber stripped of London license CEO tweets pls work w/us: London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5...
Uber CEO tells London I'm sorry for the mistakes we've made
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Uber CEO tells London I’m sorry for the mistakes we’ve made
Uber CEO tells London I’m sorry for the mistakes we’ve made: Uber’s Chief Executive apologized on Monday for the taxi app’s mistakes in London and promised to change as the firm fights a decision by the city not...
Saudi Arabia detains princes ministers in anti-corruption probe
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Saudi Arabia detains princes ministers in anti-corruption probe
Saudi Arabia detains princes ministers in anti-corruption probe: According to a senior Saudi official who declined to be identified under briefing rules, those detained include:
– Prince Alwaleed bin Talal, chairman of Kingdom...
Pfizer weighs $15 billion sale of consumer healthcare business
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Pfizer weighs $15 billion sale of consumer healthcare business
Pfizer said on Tuesday it was considering the sale or spin-off of its consumer healthcare business, shaking up the industry and potentially putting a headache pill to lip balm operation worth some $15 billion up for grabs.
The move...
SoftBank Deutsche Telekom hit wall in Sprint T-Mobile talk
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SoftBank Deutsche Telekom hit wall in Sprint T-Mobile talk
SoftBank Deutsche Telekom hit wall in Sprint T-Mobile talk: In a board meeting at Japan’s SoftBank on Friday, several directors expressed doubts about giving up control of Sprint in any deal, the sources said, the latest twist in...
Facebook's Zuckerberg defends company after critical Trump tweet
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Facebook’s Zuckerberg defends company after critical Trump tweet
Facebook’s Zuckerberg defends company after critical Trump tweet: Facebook Inc’s (FB.O) CEO Mark Zuckerberg on Wednesday defended his company’s role in U.S. elections and rejected assertions in a tweet from U.S....
Japan shares at two-decade top, yen near three-month low as Abe wins
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Japan shares at two-decade top, yen near three-month low as Abe wins
Japan shares at two-decade top, yen near three-month low as Abe wins: The U.S. dollar was the major beneficiary as President Donald Trump and Republicans took a small step toward tax cuts, boosting Wall Street stocks and...
GE Board did not know about CEOs extra plane
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GE Board did not know about CEOs extra plane
GE Board did not know about CEOs extra plane: General Electric Co (GE.N) executives did not tell the multinational conglomerate’s board until October about a spare business jet that routinely flew for its now-retired chief executive, the Wall Street...
Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday
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Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday
Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday: Wells Fargo & Co (WFC.N) CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto...
Oil settles flat as unease builds ahead of OPEC meeting
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Oil settles flat as unease builds ahead of OPEC meeting
Oil settles flat as unease builds ahead of OPEC meeting: Oil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped...
U.S. wants to remove unnecessary barriers to self-driving vehicles
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U.S. wants to remove unnecessary barriers to self-driving vehicles
U.S. wants to remove unnecessary barriers to self-driving vehicles: The auto safety agency said in a report that it wants to find any “unnecessary regulatory barriers” to self-driving cars “particularly those that are not...
Billions in tax breaks offered to Amazon for second headquarters
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Billions in tax breaks offered to Amazon for second headquarters
Billions in tax breaks offered to Amazon for second headquarters: Elected officials are eager for the $5 billion-plus investment by Amazon and up to 50,000 new jobs that will come with “HQ2.” For its second campus, Amazon wants a...
BMW recalling 1 million vehicles in North America
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BMW recalling 1 million vehicles in North America
BMW recalling 1 million vehicles in North America: One recall covers 670,000 2006-2011 U.S. 3-Series vehicles to address a wiring issue for heating and air conditioning systems that may overheat and could increase the risk of a fire.
The second...
Kobe Steel shares tumble to near five-year low as cheating crisis deepens
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Kobe Steel shares tumble to near five-year low as cheating crisis deepens
Kobe Steel shares tumble to near five-year low as cheating crisis deepens: Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese steelmaker...
Facebook's Zuckerberg defends company after critical Trump tweet
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Facebook’s Zuckerberg defends company after critical Trump tweet
Facebook’s Zuckerberg defends company after critical Trump tweet: Facebook Inc’s (FB.O) CEO Mark Zuckerberg on Wednesday defended his company’s role in U.S. elections and rejected assertions in a tweet from U.S....
Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division
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Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division
Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division: Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion for the division at Taiwan’s HTC Corp (2498.TW) that develops the...
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Toshiba $18 billion sale of chip unit signed but discord emerges immediately
Toshiba $18 billion sale of chip unit signed, but discord emerges immediately: Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP,...
Wall Street closes lower Treasury prices higher
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Wall Street closes lower Treasury prices higher
Wall Street closes lower Treasury prices higher: General Electric (GE.N) tumbled 6.3 percent after some research analysts lowered their price targets on the stock, citing higher chances of a dividend cut at the industrial conglomerate.
U.S....
Procter & Gamble foresees proxy war victory Peltz refuses to concede
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Procter & Gamble foresees proxy war victory Peltz refuses to concede
Procter & Gamble foresees proxy war victory Peltz refuses to concede: Procter & Gamble Co (PG.N) said on Tuesday activist hedge fund manager Nelson Peltz lost his fight to win a seat on the company’s board,...
Microsoft beats profit estimates on gains from cloud services
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Microsoft beats profit estimates on gains from cloud services
Microsoft beats profit estimates on gains from cloud services: Shares of the world’s largest software company rose 3.1 percent to $81.20 in trading after the bell.
Microsoft’s focus on fast-growing cloud applications and platforms is...
Pfizer to launch consumer health sale in November
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Pfizer to launch consumer health sale in November
Pfizer to launch consumer health sale in November: Several global companies, including GlaxoSmithKline (GSK.L) and Reckitt Benckiser (RB.L), have expressed interest in bidding for the unit, which had sales of about $3.4 billion in 2016.
The...
Sky high stock market has investors looking to commodities
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Sky high stock market has investors looking to commodities
Sky high stock market has investors looking to commodities: Low interest rates, solid economic growth across the globe and rising corporate earnings have hoisted the S&P 500 .SPX 16 percent this year. It reached an all-time high on...
GOP Tax Cuts Expected To Push Up Nations Debt
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GOP Tax Cuts Expected To Push Up Nations Debt
GOP Tax Cuts Expected To Push Up Nations Debt: When Republicans began assembling their tax overhaul proposals they were aiming to make them revenue neutral; the tax cuts could not lead to increased deficits. Holding the line on deficits has long been...
U.S. Midwest oil refiners boost output
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U.S. Midwest oil refiners boost output
U.S. Midwest oil refiners boost output cut region’s dependence on Gulf Coast: Since the early 2000s, crude and fuel flows from the Gulf Coast into the U.S. heartland have been cut in half, as crude coming from Canada and North Dakota has pushed U.S....
Global growth Sure But still not much inflation pressure
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Global growth Sure But still not much inflation pressure
Global growth Sure But still not much inflation pressure: The global economy is on its best roll in years and set to do better in 2018, but economists in Reuters polls around the world mostly said synchronous growth is not about to spawn...
Bill Gates Is Now Tackling Alzheimers With a Huge Investment in Dementia Research
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Bill Gates Is Now Tackling Alzheimers With a Huge Investment in Dementia Research
Bill Gates Is Now Tackling Alzheimers With a Huge Investment in Dementia Research: Bill Gates is adding Alzheimer’s to the roster of causes he has put his money behind.
The billionaire is investing $50 million of h...
Fed keeps rates unchanged remains on road to December hike
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Fed keeps rates unchanged remains on road to December hike
Fed keeps rates unchanged remains on road to December hike: The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while playing down the impact of recent...
Bombardier exploring options for aerospace businesse
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Bombardier exploring options for aerospace businesse
Bombardier exploring options for aerospace businesses: Canadian train-and-plane maker Bombardier Inc (BBDb.TO) is exploring options for its aerospace businesses, including a sale of some operations, Bloomberg reported on Sunday.
The company is...
Facebook to sell portable headset for virtual reality
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Facebook to sell portable headset for virtual reality
Facebook to sell portable headset for virtual reality: SAN JOSE, Calif. (Reuters) – Facebook Inc (FB.O) is launching a new virtual reality headset that does not require a separate computer to operate, allowing more mobile uses than the...