Dollar jumps, stocks fall after Fed rate outlook; pound stalls
The dollar index hit a more than 2-year high and stocks tumbled after Federal Reserve Chairman Jerome Powell said Wednesday’s 25-basis-point rate cut was not...
‘Please stay with me,’ kidnapped Romanian girl begged police
The family of a 15-year-old Romanian girl kidnapped earlier this month and now presumed dead has released recordings of her desperate calls for help to...
PG&E says it ‘strongly disagrees’ delayed maintenance played role in Camp Fire
PG&E Corp said in court papers on Wednesday that it “strongly disagrees” with a suggestion in a Wall Street Journal article that the company knowingly...
U.S. imposes sanctions on Iran’s foreign minister: Treasury statement
The United States on Wednesday imposed sanctions on Iranian Foreign Minister Mohammad Javad Zarif, the U.S. Treasury Department’s Office of Foreign Assets Control said on...
Qualcomm shares fall 6% on dour current-quarter forecast
Qualcomm Inc missed quarterly revenue estimates and forecast current-quarter revenue and profit below analysts’ expectations on Wednesday, sending its shares down nearly 6% in extended...
Whiting Petroleum posts surprise quarterly loss, cuts 33% workforce
Whiting Petroleum said on Wednesday it has cut its workforce by 33% after reporting a second-quarter surprise loss, hit by a drop in crude and...
Dollar rises after Fed cuts rates, signals move is one-off
The U.S. dollar rose to two-year highs on Wednesday after Federal Reserve Chair Jerome Powell, having made the first cut to interest rates since 2008,...
U.S. expected to make announcement about Bin Laden’s son Hamza soon
The U.S. government is expected to make an announcement shortly about Hamza bin Laden, the son of slain al Qaeda leader Osama bin Laden, a...
Alaska natives accuse White House of hiding Arctic oil impact information
Alaska Natives and environmental groups sued the Trump administration on Wednesday, accusing it of concealing information about the effects of oil development in the long-protected...
Big broadcasters sue non-profit that streams TV channels for free
The four major U.S. television networks on Wednesday sued a non-profit group backed by AT&T Inc that streams TV channels over the internet for free...