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…
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…
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…
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…
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),…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…