NEW YORK/WASHINGTON (Reuters) - The Federal Reserve is expected to reduce interest rates on Wednesday, but new data showing resilient U.S. economic growth may make that rate cut the last for now. FILE PHOTO: The Federal Reserve building is ...
NEW YORK (Reuters) - Former Exxon Mobil Corp Chief Executive Officer Rex Tillerson answered questions on Wednesday about the oil major's methods of measuring potential costs of climate change, as he testified in a closely watched civil lawsuit accusing ...
... * 2019/20 budget deficit seen at 5.9% of GDP. * Economic growth forecast for 2019 cut to 0.5%. * Gross debt seen rising, Mboweni warns of debt trap (Adds more details, analysts comments). By Olivia Kumwenda-Mtambo, Wendell Roelf and Mfuneko ...
CEO Culp sees 'considerable value' to unlock for shareholders, while power business shows signs of stabilization. Getty Images. Author photo. By. TomiKilgore. Reporter and editor. Shares of General Electric Co. rocketed in very active trading Wednesday, ...
(Reuters) - GlaxoSmithKline (GSK.L) on Wednesday raised its annual profit forecast for the second time this year as sales of its shingles vaccine beat expectations and older medicines, including HIV treatments, continued to sell well. FILE PHOTO: The ...
Fiat Chrysler Automobiles and the PSA Group are reportedly in talks to merge. FCA has been trying to merge with another automaker for the better part of a decade. A narrative has developed that a merger would enable FCA and Peugeot to better compete on ...
WASHINGTON—The Treasury Department said Wednesday it is considering several possible new debt products, including a 20-year Treasury bond and a new floating-rate note linked to the proposed replacement for the troubled London interbank offered ...
Hong Kong (CNN Business) WhatsApp is suing an Israeli company that it claims was behind a cyberattack that installed spyware on users' phones and targeted human rights defenders, journalists, political dissidents, diplomats and government officials.
Hong Kong (CNN Business) The Chinese government is trying to dampen demand for local tech stocks after President Xi Jinping personally endorsed blockchain technology, sending their value soaring. Stocks of almost 200 companies that invest in ...
Particle, a platform for Internet of Things devices, has raised $40 million in its latest round of funding. Qualcomm Ventures and Energy Impact Partners led the Series C raise, with backing from existing investors including Root Ventures, Bonfire Ventures, ...
New York (CNN Business) Molson Coors is struggling as younger drinkers continue to shun mass-produced beer for trendy beverages like White Claw and other "spiked seltzers." On Wednesday the company announced that it's laying off workers — and ...
If solar roof 3.0 doesn't perform and sell well, there's little hope for Tesla's solar business. Travis Hoium. (TMFFlushDraw). Oct 30, 2019 at 9:04AM. Author Bio. Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable ...
Each product we feature has been independently selected and reviewed by our editorial team. If you make a purchase using the links included, we may earn commission. FB Twitter More. Pinterest Email Send Text Message Print. Amazon Fresh delivery van.
PARIS/HONG KONG (Reuters) - Airbus (AIR.PA) cut its full-year delivery goal for commercial jets on Wednesday, as the planemaker struggles with production delays at a recently expanded German plant. FILE PHOTO: The Airbus logo is pictured at Airbus ...
Private employers in the U.S. nonfarm sector added more jobs in October than economists expected, according to the ADP National Employment Report. The nonfarm private sector added 125,000 jobs this month, according to the report. Economists polled by ...
To rapidly decarbonize the global economy, wind and solar need some help. These two technologies could provide it. Maxx Chatsko. (TMFBlacknGold). Oct 30, 2019 at 7:34AM. Author Bio. Maxx has been a contributor to Fool.com since 2013. He graduated ...
It's not exactly news that Elon Musk can be impulsive on Twitter. His recklessness often gets him in hot water (see the recent SEC investigation over his tweet about taking Tesla private or the whole "pedo guy" Thai cave diver saga). But every once in awhile ...
Advanced Micro Devices (AMD) stock fell 1.06% in extended trading on Tuesday after the company reported its third-quarter earnings results. The company met analysts' earnings and revenue expectations in the third quarter. However, investors were ...
Demand for mortgages increased in the past week even as mortgage rates rose to the highest in three months. Continue Reading Below. Mortgage applications rose 0.6 percent in the past week, according to the Mortgage Bankers Association's Weekly ...
Boeing's CEO faces a second day of grilling on Capitol Hill over the 737 Max, the plane involved in two crashes that killed 346 people. House Transportation Committee Chairman Peter DeFazio, D-Ore., said Wednesday Boeing showed a "lack of candor all ...
OSLO (Reuters) - The chief executive of Norway's sovereign wealth fund announced on Wednesday he will step down after nearly 12 years, saying just days after the fund hit a record value that it was a good time for a leadership change. FILE PHOTO: A ...
Veteran industrialist Ratan Tata on Wednesday joined social-networking service Instagram owned by Facebook. Tata, who is the former chairperson of the salt-to-auto conglomerate Tata Sons Ltd, announced the news on the micro-blogging website Twitter.
Baker Hughes Co.'s (BKR) third-quarter results fell short of analysts' expectations, though profit and revenue rose. The oil-field-product holding company posted a profit of $57 million, or 11 cents a share, compared with $13 million, or 3 cents a share, in the ...
But the deal is only available for one day - this is what you need to know about claiming it. The deal. On Tuesday 5 November 2019, hungry McDonald's fans will be able to get a Big Mac for 99p. Do you want a Big Mac for 99p? (Photo: Shutterstock) ...
The Okanagan-based company Sun-Rype will likely be changing hands. The Quebec company Lassonde Industries announced on Tuesday that it plans to buy Sun-Rype, as well as its two American affiliates located in Selah and Wapato, Wash., ...
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