U.S. weekly jobless claims fall; prior week revised sharply higher
The number of Americans filing for unemployment benefits fell last week, pointing to continued labor market strength, though applications for the prior week were much...
U.S. banks could invest in venture capital funds again under ‘Volcker rewrite’
U.S. banks would be able to take large stakes in venture capital funds under a proposal to ease strict bank trading and investment rules introduced...
Wall St. falls on China virus concerns, Facebook earnings
U.S. stocks fell on Thursday as the coronavirus epidemic raised fears of a further hit to China’s economy, while weak earnings from Facebook and others...
Aston Martin calls board meeting to decide on fundraising
British luxury carmaker Aston Martin will hold a board meeting on Thursday to decide whether to raise funds through the sale of a strategic stake,...
U.S. economy misses Trump’s 3% growth target in 2019
The U.S. economy missed the Trump administration’s 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019...
Companies Trump said would create thousands of jobs have failed to deliver
In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators...
Southwest disputes U.S. government audit on safety lapses, shares slide
Southwest Airlines on Thursday disputed the findings of a draft U.S. government audit that claimed the U.S. carrier failed to prioritize safety by flying millions...
Renault-Nissan can overhaul alliance without ownership change, chairman says
Renault and Nissan can improve their alliance without altering their ownership structure, the chairman of the Franco-Japanese partnership said on Thursday, rolling back a previous...
Current U.S. earnings season points to growth, defying expectations
Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv....
Aston Martin calls board meeting to decide on fundraising: FT
Luxury British carmaker Aston Martin has called a board meeting in which it may decide between two potential investors for an emergency fundraising, the Financial...