SEC freezes assets of 18 China-based traders over manipulation
The U.S. Securities and Exchange Commission said on Wednesday that it has obtained an asset freeze against 18 China-based traders over a market-manipulation scheme....
Boston pension board ousts money manager Fisher, total withdrawls near $1 billion
The City of Boston’s retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1...
Wall Street slips as weak economic data offsets earnings strength
Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string...
Boston Mayor asks pension to end relationship with Fisher Investments
Boston Mayor Marty Walsh on Wednesday said he has asked the city’s retirement board to end its relationship with money manager Kenneth Fisher, who is...
Netflix adds more-than-expected subscribers in third quarter
Netflix Inc added more-than-expected paid subscribers in the third quarter, boosted by the launch of new seasons of “Stranger Things” and “13 Reasons Why”, sending...
Teva to donate over $15 billion worth of drugs in opioid settlement: source
Teva Pharmaceuticals is in talks to contribute over $15 billion worth of drugs as part of a settlement to resolve lawsuits alleging it helped fuel...
Oil rises 1% on hopes OPEC will extend supply cuts, weaker U.S. dollar
Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker...
Weak U.S. retail sales cast shadow over slowing economy
U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping...
Boeing CEO says ‘fully supportive’ of board’s move to split jobs: memo
Boeing Co Chief Executive Dennis Muilenburg told employees he was “fully supportive” of the board’s decision to split his chairman and CEO roles, allowing him...
FCC approves merger of T-Mobile, Sprint on vote split on party lines: sources
T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp won formal approval from the Federal Communications Commission on Wednesday in a vote split along...