T-Mobile in talks with Sprint on merger, does not rule out price discussions
T-Mobile US Chief Executive John Legere on Thursday acknowledged talks with Sprint Corp to extend their merger agreement and declined to rule out asking for...
Halloween scare: Party City plunges after slashing annual targets again
Shares of Party City Holdco Inc plummeted 62% to a record low on Thursday after the party supplies retailer cut its annual revenue and profit...
Wells Fargo taps Bill Daley, former White House official, head of public affairs
Wells Fargo & Co , which recently tapped one-time Jamie Dimon protégé Charles Scharf to be its CEO, has hired another former JP Morgan Chase...
Big Oil stuns Brazil in back-to-back auction flops
Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up promising offshore blocks and forcing officials to reconsider...
Brazil will reevaluate signing bonuses, other parameters of offshore auctions
The Brazilian government will reevaluate the terms of pre-salt auctions, including the signing bonuses and profit oil required from bidders, Brazil’s mines and energy minister...
Five new life lessons from Charles Schwab
(The writer is a Reuters contributor; the opinions expressed are his own.)...
Ralph Lauren profit gets boost from Chinese demand; shares rise 14%
Strong demand for Ralph Lauren Corp’s Polo shirts and tweed jackets in China helped the high-end apparel retailer beat quarterly profit estimates on Thursday, sending...
Power provider PG&E Corp raises 2019 cost estimates by over 50%; shares fall
Power company PG&E Corp on Thursday raised its 2019 costs estimates by more than 50% related to deadly wildfires in California and its bankruptcy, sending...
Wall Street hits fresh record high on trade progress
Wall Street’s main indexes hit fresh record highs on Thursday, rallying on signs of progress in U.S.-China trade relations and another batch of largely upbeat...
Oil rises above $62 on hopes for U.S.-China trade deal
Oil rose above $62 a barrel on Thursday after China hinted at progress toward a trade deal with the United States, raising hopes for an...