Business

Wall Street falls; Dow, S&P end worst month since May 2012

Wall Street falls; Dow, S&P end worst month since May 2012

By using Caroline Valetkevitch NEW YORK (Reuters) – A selloff in rising markets sent a cold chill down Wall Street, triggering a slide on Friday and making January its worst month due to the fact May 2012 after one in all its perfect years in additional than a decade. For […]

 
 

For companies, a rocky road ahead in emerging markets

For companies, a rocky road ahead in emerging markets

And lots of warn that if China suffers a credit challenge as some worry, then things may get a complete lot worse. The sudden onslaught of market volatility in Turkey, Argentina, South Africa and Brazil, together with concerns about an abrupt slowdown in China, means corporations at the moment are […]

 
 

Amazon holiday sales in line, stock drops

Amazon holiday sales in line, stock drops

SEATTLE (Reuters) – Amazon.com Inc suggested close-to-anticipated gross sales for the the most important vacation quarter, with less boom than some had hoped for outside North The united states, pushing its shares down more than 9 % after hours. The arena's greatest Internet retailer, which has ceaselessly chipped away at […]

 
 

Google fourth-quarter consolidated revenue tops Wall Street target

Google fourth-quarter consolidated revenue tops Wall Street target

With the aid of Alexei Oreskovic SAN FRANCISCO (Reuters) – Google Inc's consolidated income beat Wall Street's goal within the fourth quarter whilst pricing for its on-line advertisements weakened right through the vacation season. Shares of Google, the sector's No.1 Web search engine, were essentially flat at $1136.94 in after […]

 
 

Wall Street rallies on Facebook, GDP data

Wall Street rallies on Facebook, GDP data

NEW YORK (Reuters) – Stocks soared on Thursday, helped by using positive aspects in Facebook and other tech corporations, in addition to information displaying the U.S. financial system was once on solid footing within the fourth quarter. The Dow Jones industrial reasonable shot up 109.eighty two points, or zero.70 percent, […]

 
 

China approves Thermo Fisher, Life Tech deal with conditions

China approves Thermo Fisher, Life Tech deal with conditions

BEIJING (Reuters) – China’s Commerce Ministry mentioned it had authorized U.S.-listed laboratory equipment maker Thermo Fisher Scientific Inc’s $thirteen.6 billion takeover of Life Applied sciences Corp , subject to sure stipulations. The prerequisites are that Thermo Fisher lower the prices of two types of its merchandise sold in China, sell […]

 
 

In Boeing 787 battery probe, x-rays may offer clues to past incidents

In Boeing 787 battery probe, x-rays may offer clues to past incidents

By using Alwyn Scott and Tim Kelly TOKYO/SEATTLE (Reuters) – Investigators in Japan are studying x-ray photography of a lithium-ion battery from when it left the factory, hoping these may shed some light on why it looked as if it would overheat on a Boeing 787 Dreamliner jet earlier this […]

 
 

Exclusive: Charter, Comcast in renewed talks on Time Warner Cable bid

Exclusive: Charter, Comcast in renewed talks on Time Warner Cable bid

By Soyoung Kim and Liana B. Baker NEW YORK (Reuters) – Charter Communications Inc reached out to Comcast Corp this week about teaming up to purchase Time Warner Cable Inc, after the larger rival rejected its $37.3 billion takeover bid, consistent with individuals aware of the subject. Charter approached Comcast […]

 
 

Exclusive: More well-known U.S. retailers victims of cyber attacks – sources

Exclusive: More well-known U.S. retailers victims of cyber attacks – sources

By means of Jim Finkle and Mark Hosenball BOSTON/WASHINGTON (Reuters) – Target Corp and Neiman Marcus are not the only U.S. retailers whose networks have been breached over the holiday buying season ultimate 12 months, in line with sources aware of assaults on different retailers that have yet to be […]

 
 

U.S. profits could bounce in 2014 if economy gains steam

U.S. profits could bounce in 2014 if economy gains steam

By using Caroline Valetkevitch NEW YORK (Reuters) – A much better U.S. financial system might raise 2014 income and raise company spending, giving some relief to buyers concerned about bloated stock costs. Sooner economic growth must translate into better sales growth for the Standard & Terrible's 500 index, and that […]

 
 

GM counts on redesigned Canyon to pull sales from rivals

GM counts on redesigned Canyon to pull sales from rivals

By way of Ben Klayman DETROIT (Reuters) – General Motors Co will not thoughts if its new GMC Canyon steps on the toes of its greater cousin the Chevrolet Silverado, so long as the redesigned mid-sized pickup truck stomps on vehicle sales by means of other automakers. Executives at the […]

 
 

JPMorgan to pay over $2 billion to settle Madoff case

JPMorgan to pay over $2 billion to settle Madoff case

By using David Henry and Emily Flitter NEW YORK (Reuters) – JPMorgan Chase & Co will pay greater than $2 billion of penalties to settle expenses by U.S. federal authorities that it did not report suspicious task involving Bernard Madoff's Ponzi scheme. As a part of the deal, JPMorgan is […]

 
 

Wall St. gains in 2014′s first rally; healthcare leads

Wall St. gains in 2014′s first rally; healthcare leads

"We're getting a nice little snapback following a beautiful soggy first couple of days, which created some anxiety as a result of some people assume that units the tone for the 12 months," stated Nicholas Colas, chief market strategist of the ConvergEx Team in New York. "Quantity and information remain […]

 
 

Weak imports drive U.S. trade deficit to four-year lows

Weak imports drive U.S. trade deficit to four-year lows

With the aid of Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit fell to its lowest degree in four years in November as exports hit a document high and weak oil costs held down the import invoice, the most recent proof of strengthening economic fundamentals. "The record must dispel […]

 
 

Wall Street kicks off New Year on lower note

Wall Street kicks off New Year on lower note

By means of Chuck Mikolajczak NEW YORK (Reuters) – U.S. shares declined on Thursday as investors opened the 12 months on a cautious observe after the S&P 500 wrapped up its highest year on account that 1997, despite financial data pointing to continued growth in the economic system. The Institute […]