U.S. economy slows on wider trade gap, business spending rises U.S. economy slows on wider trade gap, business spending rises:- U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained […]

IBM revenue fall dims upbeat profit forecast IBM revenue fall dims upbeat profit forecast:- International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics. However, investments to drive […]

U.S Army to begin environmental study of Dakota pipeline U.S Army to begin environmental study of Dakota pipeline:- The U.S. Army on Wednesday began the process of launching an environmental study of the Dakota Access pipeline crossing in North Dakota, a move that has been challenged by the company constructing […]

Keep Russia sanctions separate from nuclear talks Keep Russia sanctions separate from nuclear talks:- President Barack Obama urged President-elect Donald Trump on Wednesday to keep separate the issue of economic sanctions on Russia from the pursuit of talks to reduce nuclear stockpiles. Trump, who takes office on Friday after winning […]

Morgan Stanley profit doubles on bond-trading surge Morgan Stanley profit doubles on bond-trading surge:- Morgan Stanley’s profit doubled in the fourth quarter as trading activity surged across Wall Street, and the bank said it was on track to reach a number of financial goals set out by Chief Executive James […]

U.S. refiners cash in on Mexico’s record fuel imports U.S. refiners cash in on Mexico’s record fuel imports:- U.S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing […]