U.S. weekly jobless claims rise modestly; labor market tight
The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth...
Comcast results beat forecasts on broadband growth; ‘Cats’ hits NBC Universal unit
Comcast Corp on Thursday beat Wall Street’s revenue and profit estimates due to growth in broadband customers, but the company lost more cable TV subscribers...
Coronavirus fears weigh on global equity markets
The biggest tumble in Chinese stocks in more than eight months led global equity markets lower Thursday as concern mounted about a new coronavirus outbreak...
M&A strong though Chinese buyers lacking: Citigroup’s Kalvaria
Geopolitical uncertainties are not deterring Citigroup Inc clients from strategic deals and some unicorns’ offer “great potential”, but outbound Chinese buyers are lacking, Leon Kalvaria,...
P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales
Procter & Gamble Co on Thursday posted quarterly sales that missed analysts’ expectations for the first time in five quarters, hurt by weakness in baby...
ECB’s Lagarde launches policy overhaul that will leave no stone unturned
The European Central Bank launched a broad review of its policy on Thursday that is likely to see new President Christine Lagarde redefine the ECB’s...
China virus scare, disappointing earnings drive Wall St. lower
U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China, disappointing corporate earnings and weakness in financial stocks prompted investors...
Healthy travel demand helps cushion 737 MAX toll for American, Southwest
Healthy travel demand should continue to cushion results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, even as...
Union Pacific shares rise as CEO says U.S.-China trade pact should help end rail slump
Union Pacific Corp shares rose 1% after executives at the railroad operator said the U.S.-China trade pact should help reverse slumping volumes....
Comcast takes aim at CNN with NBC-Sky global news channel: FT
Comcast’s NBC and Sky will jointly launch a global news channel taking aim at CNN, the Financial Times reported https://www.ft.com/content/cf3aafce-3d30-11ea-a01a-bae547046735 on Thursday....