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Weak economic data weigh on Wall Street

Weak economic reports pressured U.S. stocks on Thursday after the market's recent run of gains, and a drop in healthcare shares added to the bearish momentum......»»

Category: topSource: REUTERS5 hr. 57 min. ago Related News

U.S. banks record $59.1 billion in profits in fourth-quarter of 2018

The U.S. banking sector recorded $59.1 billion in profits in the fourth quarter of 2018, down slightly from the third quarter's record level but still up significantly from the prior year, according to data from the Federal Deposit Insurance Corporation......»»

Category: topSource: REUTERS7 hr. 12 min. ago Related News

U.S., China resume trade talks to thrash out structural agreements

The top U.S. and Chinese trade negotiators resumed high-level talks on Thursday to hash out a deal that could end their trade war, just over a week before a U.S.-imposed deadline to reach agreement expires and triggers a new round of tariffs......»»

Category: topSource: REUTERS7 hr. 12 min. ago Related News

AT&T pulls ads from YouTube over videos exploiting children

AT&T Inc pulled all its advertising from Alphabet Inc's YouTube for the second time in two years after a magazine reported the platform displayed ads next to videos that showed the exploitation of children......»»

Category: topSource: REUTERS7 hr. 12 min. ago Related News

Shipping giant Maersk warns of trade slowdown

Shares in Maersk, the world's largest shipping company, tumbled Thursday after it warned of a serious trade slowdown in 2019......»»

Category: videoSource: REUTERS7 hr. 42 min. ago Related News

Nike stumbles into social media storm after basketball star"s shoe splits

A Nike Inc.....»»

Category: topSource: REUTERS7 hr. 57 min. ago Related News

AT&T pulls ads from YouTube as concerns about content resurface

AT&T Inc said on Thursday it has removed its advertising from Alphabet Inc's YouTube once again, following growing concerns the platform had displayed ads next to video content that showed the exploitation of children......»»

Category: topSource: REUTERS7 hr. 57 min. ago Related News

Breakingviews TV: Pension plan

Brazil’s President Jair Bolsonaro proposes cutting $270 billion from retirement spending over a decade to fix the finances of Latin America’s biggest economy. Martin Langfield explains it’s a good start, even if Congress waters his proposal down......»»

Category: videoSource: REUTERS8 hr. 12 min. ago Related News

Remain or leave? Carmakers confront hard Brexit choices

With Brexit just over a month away, carmakers are preparing for risk and potential opportunities offered by Brexit. Francis Maguire reports......»»

Category: videoSource: REUTERS8 hr. 27 min. ago Related News

Lyft"s IPO roadshow to launch mid-March

Lyft plans to launch its roadshow for its initial public offering in mid-March, Reuters has learned. As Fred Katayama reports, that puts Lyft on pace to beat Uber in the race to go public......»»

Category: videoSource: REUTERS8 hr. 27 min. ago Related News

United bids for six new slots at Tokyo"s Haneda airport

United Continental Holdings is applying for six of 12 new slots open to U.S. carriers at Tokyo's Haneda International Airport in a push to increase daily nonstop flights to the Japanese capital ahead of the 2020 Olympic Games and beyond......»»

Category: topSource: REUTERS8 hr. 42 min. ago Related News

Consumer Reports pushes carmakers on automatic emergency braking

Influential U.S. maga.....»»

Category: topSource: REUTERS8 hr. 57 min. ago Related News

Weak U.S. data underscore growing headwinds to economy

New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a sustained slowdown in business spending on equipment that could further crimp economic growth......»»

Category: topSource: REUTERS8 hr. 57 min. ago Related News

Economic data, healthcare shares pressure Wall Street

U.S. stocks edged lower on Thursday after a recent run of gains, pressured by weak economic data and a drop in healthcare shares, while investors kept a close watch on U.S.-China trade talks......»»

Category: topSource: REUTERS8 hr. 57 min. ago Related News

Weak economic data, healthcare shares pull Wall St. lower

U.S. stocks fell on Thursday, following a recent run of gains, pressured by weak economic data and a drop in healthcare shares, while investors kept a close watch on U.S.-China trade talks......»»

Category: topSource: REUTERS9 hr. 27 min. ago Related News

Nestle investing $115 million to expand Purina factory in U.S.

Nestle is investing $115 million to expand its Purina factory in Bloomfield, in the U.S. state of Missouri, the Swiss foodmaker said on Thursday, as it seeks to increase production of cat litter......»»

Category: topSource: REUTERS9 hr. 27 min. ago Related News

Ariane 6 rocket sees first commercial deals in race with SpaceX

Ariane 6, Europe's next-generation space rocket, is expected to win its first two commercial launch orders in coming weeks, company officials said, a key milestone as the European launcher vies for orders against Elon Musk's U.S. competitor SpaceX......»»

Category: topSource: REUTERS9 hr. 27 min. ago Related News

For Sainsbury and Asda, watchdog"s analysis leaves merger in serious doubt

Sainsbury's planned 7.3 billion pound ($9.5 billion) takeover of Walmart's Asda can only be salvaged if Britain's competition regulator fundamentally changes its analysis of Britain's grocery market, experts said on Thursday......»»

Category: topSource: REUTERS9 hr. 27 min. ago Related News

U.S. stocks fall on weak economic view; oil, gold fall

Wall Street stocks fell on Thursday due to a deteriorating economic outlook that was only partially offset by signs of trade progress between China and the United States, while gold and oil prices retreated from their recent peaks......»»

Category: topSource: REUTERS9 hr. 27 min. ago Related News

Oil off 2019 highs as U.S. crude stocks build, output hits record

Oil prices fell below 2019 highs on Thursday after U.S. government data showed a fifth weekly build in crude inventories and record production, while concerns about slowing global economic growth weighed......»»

Category: topSource: REUTERS9 hr. 27 min. ago Related News