Ford confirms tentative agreement, but declines further comment in statement
Ford Motor Co and the United Auto Workers union on Wednesday announced a tentative agreement for a new labor deal, allowing the No. 2 U.S....
U.S. agrees $1 billion 1MDB recovery deal with Malaysian Jho Low
The U.S. Justice Department on Wednesday reached a settlement deal with Malaysian financier Jho Low to recover almost $1 billion in funds the fugitive and...
Asian stocks edge higher after Fed rate cut, focus shifts to BOJ
Asian shares rose on Thursday and U.S. stock futures edged higher after the U.S. Federal Reserve cut interest rates as expected to keep economic expansion...
Samsung Elec upbeat on chip outlook as third-quarter profit falls 56%
Samsung Electronics Co Ltd said chip sales should pick up in 2020 as it reported a 56% fall in third-quarter operating profit on Thursday, reeling...
Chile’s APEC cancellation raises new hurdle for U.S.-China trade deal
Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit...
Starbucks earnings heat up on China expansion, digital and cold brews
Starbucks Corp beat Wall Street sales and revenue estimates on Wednesday, driven by new stores, digital ordering and delivery in China, and cold drinks in...
Diamond Eagle in talks to buy fantasy sports provider DraftKings: Bloomberg
Diamond Eagle Acquisition Corp , a special purpose acquisition company, is in advanced talks to buy fantasy sports provider DraftKings Inc, Bloomberg reported on Wednesday....
Apple tunes out trade war as new AirPods, services lift holiday outlook
Apple Inc on Wednesday forecast sales for the crucial holiday shopping quarter ahead of Wall Street expectations, with Chief Executive Tim Cook seeing strong sales...
Lyft sees ‘path to profitability’ as riders, revenues increase
Ride-hailing company Lyft Inc on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was well on its way to profitability by the...
GE still sees $1.4 billion cash cost from Boeing 737 MAX grounding in 2019
General Electric Co still expects the grounding of Boeing Co’s 737 MAX jetliner to reduce its cash flow by $1.4 billion in 2019, provided the...