U.S. judge allows Trump to appeal key ’emoluments’ rulings
A federal judge on Wednesday allowed President Donald Trump to appeal key preliminary rulings in a lawsuit accusing him of violating anti-corruption provisions of the...
Sudan’s Hamdok takes office as new prime minister, vows to tackle conflicts and economy
Sudan’s new Prime Minister Abdalla Hamdok was sworn in on Wednesday as leader of a transitional government, and vowed to make achieving peace and solving...
Nordstrom misses quarterly revenue estimates
Department store chain Nordstrom Inc reported quarterly sales below analysts’ expectations on Wednesday, as the upscale retailer struggled to attract shoppers to both its full-price...
Farmer’s threat prompts USDA to pull staff from crop tour
The U.S. Agriculture Department said on Wednesday it had pulled all staff from an annual crop tour after an employee was threatened, and three sources...
Stocks rise with focus on stimulus; U.S. yield curve briefly inverts
A global equities gauge rose on Wednesday for a third day in four as bets on more economic stimulus overcame, for now, worries over the...
Brazil’s Bolsonaro blames wildfires on NGOs
Brazilian President Jair Bolsonaro on Wednesday said, without presenting evidence, that non-governmental organizations could be burning down the Amazon rainforest to bring shame on his...
Fannie Mae names former FDIC chair Sheila Bair to board
U.S. mortgage financing agency Fannie Mae said on Wednesday it named former Federal Deposit Insurance Corp chair Sheila Bair to its board....
Splunk to buy cloud software firm SignalFx in $1 billion deal
Data analytics software maker Splunk Inc on Wednesday said it would acquire privately held SignalFx, which makes software for the cloud, in a cash and...
Fed was divided on rate cut, wanted to avoid appearing on path for more cuts
Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on...
Nordstrom profit beats estimates, shares surge 13%
Upscale retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday, as its focus on online business helped offset weaker sales in its brick-and-mortar stores,...