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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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.
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…
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…
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…