Follow on Twitter
Subscribe by RSS
Business
GM ignition switch fund gets 63 death case claims
(Reuters) – The attorney overseeing a General Motors Co fund set up to compensate victims of accidents caused by inaccurate ignition switches in its cars said he obtained claims for cases involving sixty three deaths. Kenneth Feinberg, who is overseeing the fund, also told Reuters that because the fund was […]
Argentina threatened with contempt order by U.S. judge
By means of the use of Joseph Ax and Andrew Chung NEW YORK/BUENOS AIRES (Reuters) – Argentina’s economy ministry as quickly as again defiantly asserted the united states has made a required debt fee on restructured sovereign bonds on Friday night time, just hours after a U.S. decide threatened a […]
Dividend payers attractive again as bond yields fall
Via Caroline Valetkevitch NEW YORK (Reuters) – Traders once again are snapping up excessive-dividend-paying U.S. shares as Treasury yields fall, which must preserve utilities and telecom stocks near the highest of the shopping for checklist for the near future. The S&P 500 utility sector , whose dividend yield at 3.9 […]
Wall St rises despite Iraq air strikes; indexes off for week
Through Rodrigo Campos NEW YORK (Reuters) – U.S. shares rose on Friday, with excessive dividend-paying utility stocks leading gains and benchmark Treasury yields at a 14-month low, at the same time as U.S. air strikes in Iraq brought to a string of geopolitical uncertainties. "Technically you could assume 1,900 (on […]
McDonald’s casts doubt on sales outlook after China food scare
McDonald's Corp stated on Friday that its world gross sales forecast for 2014 was once in danger after a China meals scandal drove away diners and compelled the chain to scramble to are seeking for out new suppliers of substances for Hen McNuggets and Massive Macs. The warning might portend […]
U.S. wholesale inventories rise less than expected, sales slow
U.S. wholesale inventories rose less than expected in June, which can have an effect on the expansion estimate for the second-quarter. The Commerce Department mentioned on Friday wholesale inventories elevated zero.3 percentafter a downwardly revised 0.three % acquire in May just. Economists polled by way of Reuters had expected shares […]
Japan says prices ‘rising moderately’ for first time in more than five years
Through Tetsushi Kajimoto TOKYO (Reuters) – Japan's govt described consumer prices as "rising rather", the usage of that wording for the primary time due to the fact that October 2008, an indication that the economy is making steady growth in opposition to exiting 15 years of cussed deflation. The federal […]
Stock buyers hesitant; euro holds gains
By means of Marc Jones LONDON (Reuters) – Hesistant share traders stored a wary eye on interest rates in China while the euro left the dollar in its wake on Wednesday after smooth U.S. financial information argued against any fast withdrawal of Federal Reserve stimulus. "The euro strength over the […]
Peugeot’s $3 billion loss shows rescue deal is just a start
With the aid of Laurence Frost PARIS (Reuters) – PSA Peugeot Citroen plans to build new vehicles and increase in Asia under a French-backed rescue deal agreed with China's Dongfeng, the carmaker stated on Wednesday, because it posted a $three.2 billion loss that underscores the size of the duty ahead. […]
Japan PM keen to cut corporate tax rate – chief cabinet secretary
By way of Linda Sieg and Yuko Yoshikawa TOKYO (Reuters) – Prime Minister Shinzo Abe is decided to cut Japan's corporate tax fee, Chief Cupboard Secretary Yoshihide Suga said, a step specialists say might boost the worldwide competitiveness of Jap corporations and make the united states extra sexy to international […]
Loss at Volkswagen plant upends union’s plan for U.S. South
With the aid of Bernie Woodall CHATTANOOGA, Tennessee (Reuters) – In a stinging defeat that would speed up the many years-lengthy decline of the United Auto Employees, Volkswagen AG workers voted in opposition to union illustration at a Chattanooga, Tennessee plant, which had been seen as prepared labor's perfect probability […]
Wall St. Week Ahead: U.S. stock investors face Fed view, tech charts
By using Rodrigo Campos NEW YORK (Reuters) – With financial knowledge being shoveled aside like snow and revenue season winding down, U.S. stock buyers might zero in subsequent week on the Fed's view of the financial system and technical prognosis charts because the S&P 500 nears its file excessive. The […]
