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Asia stocks edge up as Wall St. shows resilience, oil near two-month lows
Tue, 23 Oct 2018 20:43:39 -0400
Asian stocks edged up on Wednesday as a late round of buying helped Wall Street indexes pare most of their…
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Ford appoints new China CEO to revive falling sales
Tue, 23 Oct 2018 20:15:24 -0400
Ford Motor Co said on Wednesday it had appointed a new head of its China operations to help turn around…
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Union Pacific to cut 475 jobs in first wave of planned reductions
Tue, 23 Oct 2018 20:03:37 -0400
Railroad operator Union Pacific Corp said on Tuesday it would cut 475 jobs in the fourth quarter and signaled more…
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High panel prices lift South Korea's LG Display to third-quarter profit
Tue, 23 Oct 2018 20:02:06 -0400
Higher panel prices ahead of the year-end holidays propelled South Korea's LG Display Co Ltd to a third-quarter profit, although…
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For Fed, sell-off could point to fading Trump stimulus
Tue, 23 Oct 2018 19:19:44 -0400
A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will…
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Wall St. ends down while oil tumbles on demand worries
Tue, 23 Oct 2018 18:31:18 -0400
Wall Street indexes fell in Tuesday's volatile session though they had pared losses sharply by the closing bell as investors…
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Wall St. extends recent fall but ends well off day's lows
Tue, 23 Oct 2018 18:29:41 -0400
U.S. stocks fell on Tuesday after worries about the earnings outlook added to recent selling pressure, though major indexes ended…
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Target's two-day holiday shipping option beats Amazon, Walmart
Tue, 23 Oct 2018 17:47:45 -0400
Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding…
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Tesla critic Citron makes U-turn ahead of results
Tue, 23 Oct 2018 17:39:16 -0400
Tesla Inc shares jumped more than 12 percent on Tuesday after long-time critic and short-seller Citron Research said it had…
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Caterpillar tries to allay earnings concerns after shares tank
Tue, 23 Oct 2018 17:25:11 -0400
Caterpillar Inc tried on Tuesday to ease mounting concerns about China and global demand after it affirmed its 2018 profit…
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Saudi crown prince proclaims investment conference despite boycott
Tue, 23 Oct 2018 16:58:48 -0400
Saudi Arabia's crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott…
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DoJ probing AmEx's foreign exchange international payments unit
Tue, 23 Oct 2018 16:56:34 -0400
American Express Co has received subpoenas from the U.S. Department of Justice and inquiries from other federal agencies related to…
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Tariffs begin to take bite out of U.S. corporate earnings growth
Tue, 23 Oct 2018 16:45:42 -0400
U.S. company earnings growth is slowing after a bumper start to the year, and the reality of an escalating trade…
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Texas Instruments forecasts lower-than-expected profit, shares fall
Tue, 23 Oct 2018 16:31:53 -0400
Texas Instruments Inc posted smaller-than-expected quarterly revenue on Tuesday and forecast current quarter sales and profit below analysts' estimates as…
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SoftBank's Son cancels Saudi conference speech: sources
Tue, 23 Oct 2018 16:15:39 -0400
SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia,…
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Saudi Arabia reassures on oil supply, says will meet demand
Tue, 23 Oct 2018 16:15:39 -0400
Saudi Arabia said on Tuesday it would continue to meet customer demand for crude despite looming U.S. sanctions that are…
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Saudi Aramco to sign 15 deals worth more than $30 billion: state TV
Tue, 23 Oct 2018 16:15:39 -0400
Oil giant Saudi Aramco will sign 15 deals worth more than $30 billion, said Saudi state-owned TV Ekhbariya.
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Mood is subdued at Saudi forum under shadow of Khashoggi death
Tue, 23 Oct 2018 16:15:39 -0400
When the world's business elite gathered last year for Saudi Arabia's top investment forum, Crown Prince Mohammed bin Salman dazzled…
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This week's earnings shine spotlight on China growth risk
Tue, 23 Oct 2018 16:10:33 -0400
(This version of the Oct. 22 story corrects paragraph 7 and 8 to remove reference that Wynn Resorts reports this…
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Netflix adds to growing debt pile with $2 billion bond issue
Tue, 23 Oct 2018 16:06:14 -0400
(This version of the Oct. 22 story corrects to say new debt will be senior unsecured notes and removes reference…