S&P flat after tax cut plan Dow climbs to record S&P flat after tax cut plan Dow climbs to record: Wall Street’s Dow industrials climbed to a record high on Thursday while losses in Facebook kept the S&P 500 and the Nasdaq in check as investors assessed the long-awaited tax […]
Current Business Updates in USA.
Wall St. edges higher after Fed holds steady on rates Wall St. edges higher after Fed holds steady on rates: The U.S. central bank pointed to solid U.S. economic growth and a strengthening labor market while downplaying the impact of recent hurricanes, a sign it is on track to lift […]
Stocks hit high on data earnings Fed keeps rates steady Stocks hit high on data earnings Fed keeps rates steady: The Federal Reserve kept rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while downplaying the impact of recent hurricanes, a sign it […]
Wall St. ends strong October higher as tech staples lead Wall St. ends strong October higher as tech staples lead: A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a […]
China-backed buyout fund founder charged in U.S. insider trading case China-backed buyout fund founder charged in U.S. insider trading case: The founder of a private equity firm with Chinese state backing has been charged with insider trading related to the attempted acquisition of Lattice Semiconductor Corp (LSCC.O), U.S. authorities said […]
Kobe Steel to withdraw earnings forecast after data scandal Nikkei Embattled Kobe Steel Ltd has decided to withdraw its forecast for the current financial year as it struggles to quantify the impact of its data falsification scandal, the Nikkei business daily reported on Monday. Kobe Steel to withdraw earnings forecast […]
Targets new changes could boost stock Barrons Targets new changes could boost stock Barrons: The Minneapolis-based discount chain has been making strides to better compete with Amazon.com Inc (AMZN.O), boosting online sales to 4.4 percent of revenue in the latest fiscal year, up from 2.8 percent in fiscal 2016, Barron’s […]
After CSeries deal Bombardier aero unit faces uncertain future After CSeries deal Bombardier aero unit faces uncertain future: Bombardier Inc (BBDb.TO) secured the future of its struggling CSeries jet but still needs to find ways to spur growth in other units that have aging products or face larger rivals, industry […]
Exxon third-quarter profit beats expectations despite Harvey Dent Exxons third-quarter profit beats expectations despite Harvey dent: Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, posted a higher-than-expected quarterly profit on Friday as higher crude and natural gas prices more than offset the effects of a major hurricane on […]
CVS deal for Aetna could help retailer face Amazon entry CVS deal for Aetna could help retailer face Amazon entry: Shares of Aetna, the third-largest U.S. health insurer, closed down 3 percent on Friday after closing 12 percent higher on Thursday on reports of the deal. CVS Health was down […]
