Follow on Twitter
Subscribe by RSS
The U.S. Justice Department is probing Morgan Stanley for its hiring practices in China as part of an industry-extensive investigation by the government into whether banks' employment of politically connected Chinese breached U.S. bribery regulations, in keeping with folks acquainted with the subject. As a part of the trade sweep, […]
By Lucia Mutikani WASHINGTON (Reuters) – The choice of American citizens submitting new claims for unemployment advantages abruptly fell last week, but continued weak spot in business spending on capital goods prompt slower financial growth in the fourth quarter. There may be also a superb opportunity that the October payroll […]
By way of Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday as a round of positive information boosted optimism about the percent of world growth and Hewlett-Packard rallied after asserting its results. Weekly jobless claims for unemployment advantages swiftly fell within the latest week, an indication […]
Hewlett-Packard Co's fourth-quarter revenue beat expectations as rising gross sales from its key enterprise crew helped offset a shrinking private computer trade, an optimistic signal that sent its shares rallying greater than 7 p.c. HP posted earnings of $29.1 billion, beating the $27.9 billion expected by way of analysts, in […]
NEW YORK (Reuters) – The Nasdaq composite index closed above four,000 on Tuesday for the primary time given that 2000 because the Dow and the S&P 500 ended little changed. The Dow Jones industrial average was up 0.26 point, at sixteen,072.eighty. The Standard & Terrible's 500 Index was once up […]
Investor Warren Buffett mentioned Tuesday he expects the market for Detroit's debt to pick up once more and bond insurers to begin backing the debt as soon as town submits the proper recovery plan to bankruptcy court. Buffett's Berkshire Hathaway Assurance Corp. re-insures greater than $380 million of Detroit's secured […]
U.S. personal sector task rebounded in November after slowing the month prior, whereas new orders grew at their quickest % given that April 2012, consistent with an industry document launched on Monday. Financial data firm Markit mentioned its preliminary composite Purchasing Managers Index (PMI) – a weighted average of its […]
stated on Monday a planned preliminary public offering of its U.S. unit Chrysler won’t happen this year, prolonging the uncertainty over whether or not it may well reach a deal to purchase the stake in the staff it does now not already personal. The IPO, which Fiat CEO Sergio Marchionne […]
Via Ryan Vlastelica NEW YORK (Reuters) – U.S. inventory index futures rose on Monday, suggesting major averages would lengthen a rally that has taken them to repeated all-time highs, though energy shares can be in center of attention amid a pointy decline in crude oil costs. The Dow Jones industrial […]
said on Sunday its gross sales grew with the aid of 2.1 percent to 112 million pounds ($181 million) within the week to November 23, helped by means of cold climate boosting outerwear purchases. Maggie Porteous, director of promoting operations, mentioned that this week's comparatives with last yr were tricky […]
Commerce Minister Gao Hucheng denounced the United States as "irresponsible" on Sunday after Washington accused China of jeopardizing a deal that objectives to chop tariffs on know-how products, pronouncing Washington had disappointed contributors in the talks. U.S. Change Consultant Michael Froman stated on Thursday that China's calls for to exempt […]
By Matthew Goldstein and Emily Flitter NEW YORK (Reuters) – A U.S. housing regulator has been investigating the actions of a small California not-for-revenue that offered hundreds of foreclosed homes via a federally backed software intended to assist native communities hurt by means of the housing bust, in line with […]
Via Michelle Martin BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble stated on Saturday that there were not any dangers of contagion in the euro zone, and Greek Top Minister Antonis Samaras wired his u . s . didn’t desire a additional bailout. "The euro is secure, financial markets are […]
is interviewing candidates to switch Chief Executive Philippe Varin, after Chinese accomplice Dongfeng mentioned a deeper alliance beneath negotiation will have to be accompanied with the aid of administration exchange, sources with data of the subject stated. Varin himself is major the hunt for a successor who has the caliber […]
With the aid of Alwyn Scott and Hideyuki Sano SEATTLE/TOKYO (Reuters) – Boeing recommended airlines on Friday a few possibility of engine icing problems on its new 747-8 and 787 Dreamliner planes with engines made via Normal Electric, urging 15 carriers to avoid flying them near high-stage thunderstorms. The warning […]
