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 […]
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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 […]
Brazil OKs amended bill on car hailing apps after Uber lobbying Brazil OKs amended bill on car hailing apps after Uber lobbying: Dara Khosrowshahi, who held talks with senior Brazilian officials in the capital Brasilia, had called on senators to remove rules in proposed legislation that would require Uber drivers […]
Buy signal blares for cell-tower stocks in 2017 Buy signal blares for cell-tower stocks in 2017: Shares of American Tower Corp (AMT.N), Crown Castle International Corp (CCI.N) and SBA Communications Corp (SBAC.O) all closed up more than 2 percent on Monday. Reuters on Monday reported that SoftBank Group Corp (9984.T) […]
U.S. regulator approves CenturyLinks $24 billion Level 3 acquisition U.S. regulator approves CenturyLinks $24 billion Level 3 acquisition: Telecommunications provider CenturyLink Inc (CTL.N) on Monday won anti-trust approval from the U.S. Federal Communications Commission for its purchase of Level 3 Communications Inc (LVLT.N), the agency said. With the $24 billion […]
Asia sluggish after Wall Street slips dollar sags on White House woes Asia sluggish after Wall Street slips dollar sags on White House woes: Asian stocks were mostly sluggish on Tuesday after weakness on Wall Street, while the dollar sagged following news that investigators probing Russian interference in the 2016 […]
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 […]
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 […]
Toyota scrambles to ready game-changer EV battery for mass market Toyota scrambles to ready game-changer EV battery for mass market: All solid-state battery technology is a next-generation, high-capacity energy storage device that improves on today’s lithium-ion batteries, replacing the liquid or gel-form electrolyte with a solid, conductive material. Among other […]
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 […]
