Bankrupt U.S. retailers begin to catch a break Bankrupt U.S. retailers begin to catch a break: An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following bankruptcy with most of their stores and employees in the fold. The new approach marks […]
Asian shares shrug off energy blues dollar firms Asian shares shrug off energy blues dollar firms: Asian shares rose on Tuesday, taking heart from record closes on Wall Street and upbeat economic data that lifted U.S. Treasury yields and the dollar, even as weaker oil prices took their toll on […]
Tesla deliveries rise in third quarter but Model 3 faces bottlenecks Tesla deliveries rise in third quarter but Model 3 faces bottlenecks: Luxury electric vehicle maker Tesla Inc (TSLA.O) said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had […]
Wall Street starts quarter higher data signals strength Wall Street starts quarter higher data signals strength: U.S. stocks started the fourth quarter on a strong note on Monday, with all three major indexes hitting record high closes as data pointed to underlying strength in the economy. A measure of U.S. […]
American Express wins dismissal of lawsuit over lost Costco contract American Express wins dismissal of lawsuit over lost Costco contract: American Express Co (AXP.N) has won the dismissal of a lawsuit accusing the credit card services company of defrauding shareholders about the loss in 2015 of a lucrative co-branding relationship […]
Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday Consumer lending, insurance issues to weigh on Wells CEO Senate appearance on Tuesday: Wells Fargo & Co (WFC.N) CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints about mortgage fees […]
Equifax says cyber attack may have hit 2.5 million more U.S. consumers Equifax says cyber attack may have hit 2.5 million more U.S. consumers: U.S. credit reporting firm Equifax Inc (EFX.N) said about 2.5 million additional U.S. consumers may have been impacted by a cyber attack at the company last […]
Equifax failed to patch security vulnerability in March Equifax failed to patch security vulnerability in March: Equifax Inc (EFX.N) was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO […]
Former Equifax chief will face questions from U.S. Congress over hack Former Equifax chief will face questions from U.S. Congress over hack: U.S. lawmakers are due to question the former head of Equifax Inc (EFX.N) at a Tuesday hearing that could shed light on how hackers accessed the personal data […]
More than 60 Rohingya feared drowned as U.S. steps up pressure on Myanmar More than 60 Rohingya Muslim refugees from Myanmar are believed to have drowned when their boat capsized, the latest victims in what the United Nations says is the world’s fastest-developing refugee emergency. The refugees drowned in heavy […]
