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Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well - sources
Thu, 19 Sep 2019 02:06:10 -0400
Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into…
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U.S., Chinese trade deputies face off in Washington amid deep differences
Thu, 19 Sep 2019 01:13:25 -0400
U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly…
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U.S. travel industry urges Washington to reauthorize tourism body Brand USA
Thu, 19 Sep 2019 01:10:54 -0400
Some 15 executives from companies associated with the tourism industry, such as American Express and Marriott , have urged the…
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Toyota to expand plant in Brazil's Sao Paulo state, joining Volkswagen, GM
Thu, 19 Sep 2019 00:10:06 -0400
Toyota Motor Corp on Thursday announced a 1 billion reais ($243.29 million) expansion at a plant in the Brazilian state…
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Tesla's Model 3 earns insurance industry's top safety rating
Thu, 19 Sep 2019 00:05:34 -0400
Tesla Inc's Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS),…
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Asian shares turn lower on guarded Fed, yen rises after BOJ
Wed, 18 Sep 2019 23:35:20 -0400
Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher…
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Trump and California go to war over clean cars
Wed, 18 Sep 2019 22:45:37 -0400
U.S. President Donald Trump and the state of California went to war on Wednesday over who should set the standards…
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Purdue Pharma seeks to halt opioid suits against company, Sacklers
Wed, 18 Sep 2019 21:52:52 -0400
OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than…
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Southwest passengers get no damages for flights canceled by de-icer shortage: U.S. judge
Wed, 18 Sep 2019 21:47:06 -0400
Southwest Airlines Co won the dismissal of a proposed class-action lawsuit seeking damages for stranded passengers on hundreds of winter…
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Pennsylvania joins states opposed to merger of T-Mobile, Sprint
Wed, 18 Sep 2019 21:46:38 -0400
Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at stopping T-Mobile US's $26 billion…
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Apple spars with EU as $14 billion Irish tax dispute drags on
Wed, 18 Sep 2019 21:44:21 -0400
Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker's appeal against a $14…
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U.S. bankers seize on repo-market stress to push for softer liquidity rules
Wed, 18 Sep 2019 21:02:24 -0400
Big U.S. banks are using the recent chaos in short-term funding markets as an opportunity to pressure the Federal Reserve…
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Airbnb says second-quarter revenue topped $1 billion
Wed, 18 Sep 2019 20:01:44 -0400
Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it…
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U.S. trade groups urge Congress to rein in 'Tariff Man' Trump
Wed, 18 Sep 2019 19:39:54 -0400
Nearly two dozen U.S. lobbying groups have joined forces to try to rein in U.S. President Donald Trump's power to…
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Fed cuts interest rates, signals holding pattern for now
Wed, 18 Sep 2019 19:37:56 -0400
The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a…
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Fed makes small changes to control policy rate, hints at more to come
Wed, 18 Sep 2019 19:37:56 -0400
The Federal Reserve on Wednesday made only minor changes to help it better manage its benchmark interest rate after the…
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Fed pumps more cash as key rate breaks above target
Wed, 18 Sep 2019 19:33:34 -0400
The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after…
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Trump says the Fed should have acted faster but today’s action is fine
Wed, 18 Sep 2019 19:00:38 -0400
President Donald Trump said the Federal Reserve's decision on Wednesday to lower interest rates was "fine" but the central bank…
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AT&T, Dish not in talks over DirecTV deal: source
Wed, 18 Sep 2019 18:55:01 -0400
AT&T Inc and Dish Network Corp are not in discussions over a deal due to regulatory issues, a source familiar…
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Huawei promises smartest 5G phone, but who will be brave enough to buy?
Wed, 18 Sep 2019 18:10:11 -0400
Huawei [HWT.UL] launches what could be the world's most powerful and feature-packed 5G smartphone on Thursday, but the fate of…