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With balance sheet in background, markets focus on Fed's rate decision (Reuters) - When Federal Reserve officials conclude their two-day policy meeting on Wednesday, they may at last have succeeded in divorcing the actions they take in managing the U.S. central bank's massive balance sheet from interest rate decisions.
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Oil prices drop as trade worries overshadow fall in stocks TOKYO (Reuters) - Oil prices fell on Wednesday as a possible delay in resolving the U.S.-China trade war overshadowed a drop in U.S. crude inventories. FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near ...
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StanChart third-quarter profit rises 16%; flags growth, interest rate headwinds HONG KONG/LONDON (Reuters) - Standard Chartered (STAN.L) reported on Wednesday that third quarter profit rose a better-than-expected 16%, as a surge in business from corporate clients helped the bank weather unrest in its core market of Hong Kong ...
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New lab tests didn't find asbestos in recalled baby powder, Johnson & Johnson says (CNN) Johnson & Johnson Consumer Inc. said Tuesday it didn't find asbestos in the bottle of Johnson's Baby Powder that was previously tested by the US Food and Drug Administration and found to be contaminated. Earlier this month, the company recalled ...
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Blizzard lost a big sponsor after the Hong Kong outcry: Mitsubishi Blizzard Entertainment may be feeling the effects of its controversial ban of Hong Kong Hearthstone player Ng "Blitzchung" Wai Chung for quite some time. The company not only faced a widespread player boycott, condemnations from US lawmakers, and ...
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National Oilwell Varco Earnings Improve as Cost-Cutting Pays Dividends Oil price volatility continues to plague the oil industry. This unsteadiness is causing oil companies to remain cautious with capital spending, which is affecting the demand for oilfield equipment. That hurt National Oilwell Varco's (NYSE:NOV) sales in the third ...
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Cord cutters, are your streaming bundles getting too big and costly? Here's a question for cord cutters: When do you know you've subscribed to enough content? I'm wondering because I've been noticing increasing prices on streaming services to the point where you really can't say you're saving a ton each month being a cord ...
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Hyundai's Hydrogen Semi-Truck Concept Is Built to Take on Tesla Hyundai's hydrogen future just got a lot bigger. The company offers two hydrogen passenger cars in California, fuel-cell (FCEV) versions of the Tucson SUV and the Nexo crossover, but a future hydrogen-powered entry in the U.S. market could compete with ...
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NewsChannel 9 investigates gift cards from 'Jenny B.,' which aren't as generous as they seem: Your Stories SYRACUSE, N.Y. (WSYR-TV) — Kristin Roberts, from Cato, couldn't help but be excited when she found a "Holy guacamole!" card in her mailbox. When she opened it, someone named "Jenny B." was congratulating Kristin on her expected baby. The only ...
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Stocks falter, dollar slips on potential US-China trade delay NEW YORK — Global stocks faltered on Tuesday as strong earnings from U.S. drugmakers Merck and Pfizer and expectations the Federal Reserve will cut rates was offset by a potential delay in a U.S.-China trade deal, which clouded sentiment and ...
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Now, Bandhan Bank gets a ₹1 crore slap from the RBI The Reserve Bank of India ( RBI ) on Tuesday imposed Rs 1 crore penalty on Bandhan Bank for non-compliance with promoter holding norms, contained in the licencing guidelines. Under the guidelines, the bank was required to bring down shareholding of ...
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