WASHINGTON—Federal regulators on Thursday proposed so-called position limits in markets for commodities such as gold, sugar and crude oil while leaving exchanges with considerable leeway in deciding how to contain speculative bets. The Commodity ...
NEW YORK (Reuters) - The U.S. dollar fell Thursday on news that the American economy in 2019 posted its slowest annual growth in three years and that personal consumption weakened dramatically, ending the currency's rally on safe-haven demand from ...
In 1998, the startup company Illumina launched a revolution in the life sciences industry by developing technology to slash the costs of identifying and mapping genetic material. Now, a little over 20 years later, Mammoth Biosciences is hoping to do the same ...
Johnson & Johnson should pay $344 million in damages because the company deceptively marketed transvaginal pelvic mesh implants to tens of thousands of women in California, a judge ruled Thursday. Johnson & Johnson said it intended to appeal the ...
Beyoncé, as she famously sang in the song "Formation," may have hot sauce in her bag, but does she have Popeyes on her radar? That's what some on social media started discussing when Queen Bey took to Instagram earlier this month to tease the Jan.
Major U.S. stock indexes finished higher Thursday after a late burst of buying led by technology and financial companies reversed an early slide. News of a spike in the number of confirmed cases and fatalities from a virus outbreak in China put investors in a ...
Vertex Pharmaceuticals (NASDAQ:VRTX) announced its fourth-quarter financial results on Thursday afternoon, which were above analyst expectations. For the three months ending on Dec. 31, Vertex reported $1.4 billion in product revenues, which was ...
Brazilian planemaker Embraer SA said on Thursday that U.S. regional carrier SkyWest Inc had signed a firm order for 20 E175 planes from the E1 generation, worth close to $1 billion, as an order for a newer, more efficient plane remains in limbo.
Tesla shares spiked as much as 9% on Thursday after the automaker beat analysts' fourth-quarter profit and revenue estimates. The company also accelerated its rollout for the Model Y crossover, announcing deliveries will start by the end of March.
General Motors is using a Super Bowl ad to show off a new, all-electric Hummer SUV, marking a sharp turn for the brand known for oversized, aggressively styled off-road vehicles that were the bane of environmentalists. The company promises that the new ...
The truck unit of Volkswagen AG VOW -2.52% has offered to fully take over Navistar International Corp. NAV -0.17% in an all-stock transaction valued at roughly $3.5 billion. A deal would combine two of the world's largest truck makers. Traton SE, which was ...
Telecom and media giant AT&T will eventually need to be split apart to separate its core business from its latest acquisitions, analyst Craig Moffett told CNBC on Thursday. Moffett, an analyst at MoffettNathanson, said on "Squawk Box" that AT&T will eventually ...
Shares of Scottsdale, Arizona-based homebuilder Meritage Homes (NYSE:MTH) leapt out of the gate this morning, after the company reported fourth-quarter earnings last night. Earnings for the quarter came to $2.65 per diluted share, versus analyst ...
Ginni Rometty, the longtime face of IBM and one of the country's most prominent female business leaders, is stepping down as chief executive, the company said on Thursday. Ms. Rometty, who became chief executive in 2012, struggled to achieve growth at ...
Last year, Microsoft signed on to a wide-ranging partnership with Novartis to help put AI tools on the desk of each of the drugmaker's research associates. Its work with the company's foundation will focus on limiting the spread of diseases like leprosy.
SALT LAKE CITY — Domo CEO Josh James never subscribed to the idea that a rising tide lifts all boats. "Usually, they're talking about your competition: If the whole industry does well, we all do well. And I kind of hate that concept. I don't want my competitors ...
Western Digital (WDC) reported quarterly earnings Thursday that beat estimates and matched views on revenue, as the stock rose in after-hours trading. The WDC earnings report came after the market close. X. Error loading player: No playable sources found.
Facebook will pay $550 million to resolve claims it collected user biometric data without consent in one of the largest consumer privacy settlements in U.S. history, according to a statement Wednesday by lawyers for consumers. The accord, which requires a ...
From metal straws or reusable grocery bags, the "re-use" portion of the old slogan "reduce, re-use, recycle" is gaining traction everywhere. And if you're a company trying to make money in these re-using times, it might be time to get into the resale market.
Though prospective homebuyers are likely to face continued headwinds in the market this year, a larger share of Americans are calling themselves homeowners. Continue Reading Below. The U.S. homeownership rate in the fourth quarter of last year was ...
E-commerce giant Amazon is poised to open grocery stores in Woodland Hills and Irvine as the company taps into a "clicks-to-bricks" trend that has online retailers expanding their reach by connecting with customers in a brick-and-mortar format. A company ...
Virginia Gov. Ralph Northam said Thursday he approved a $700,000 grant from the Commonwealth's Opportunity Fund to help Mack Trucks in establishing a manufacturing facility in Roanoke County. Mack is investing $13 million in the project, and it expects ...
The Freddie Mac 30-year mortgage rate has dropped to 3.51%, its lowest level since Sept. 5, increasing pressure on a sector that was already set for its worst monthly performance for January since 2016. A key feature of mortgage-backed securities is the fact ...
SUNNYVALE, Calif. (AP) _ Proofpoint Inc. (PFPT) on Thursday reported a loss of $28.7 million in its fourth quarter. The Sunnyvale, California-based company said it had a loss of 51 cents per share. Earnings, adjusted for stock option expense and ...
Local stocks have opened higher, helped by big gains in the consumer staples and technology sector. The benchmark S&P/ASX 200 is up 0.3 per cent, or 20.7 points, to 7029.1, basically recovering all of the losses seen yesterday. Staples are up 0.9 per cent ...
Service began at a new Permian Basin natural gas processing plant last week in West Texas, the seventh owned by the Houston-based company. Energy Products Partners announced the activation of its cryogenic natural gas processing plant in Loving ...
SEOUL • The world's biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profit yesterday, blaming weakening demand in key products and falling chip prices. Net profit in the October-to-December period was 5.23 trillion ...
It has been over a year since JetBlue has been reported to start expanding into Europe. Despite being the sixth-largest United States-based carrier by passengers served it, is yet to cross the Atlantic.
Houston pipeline operator Enterprise Products Partners finished 2019 with a record $4.6 billion profit after shattering 28 company records. In an early Thursday morning statement, Enterprise reported it ended the year with a record $4.6 billion profit, a 9 ...
(WYTV) – Once upon a time, before the days of Nintendo and Sega, Atari was the video game market. Nolan Bushnell and Ted Dabney started Atari in 1972, and brought the experience of the arcade into your home with systems such as the Atari 2600 and ...
An explanation of non-IFRS measures used in this press release is set out in the Non-IFRS financial measures section of this press release. A reconciliation of these non-IFRS measures to the most directly comparable IFRS measures is provided in the ...
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