Visa, Mastercard reconsider backing Facebook’s Libra: WSJ
Visa , Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc’s cryptocurrency, Libra, the Wall Street Journal reported on Tuesday,...
Deere to lay off 163 U.S. workers as trade war dents equipment demand
Deere & Co on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction...
Oil prices slip as U.S. economic data weakens demand outlook
Oil futures sank on Tuesday as weak U.S. economic data dimmed crude’s demand outlook and pressured prices, while reports of a third-quarter decline in output...
Wall Street tumbles as factory activity hits 10-year low
The S&P 500 and Dow suffered their worst tumbles in over a month on Tuesday after data showed U.S. factory activity shrank in September to...
Too big to lend? JPMorgan cash hit Fed limits, roiling U.S. repos
JPMorgan Chase & Co has become so big that some rival banks and analysts say changes to its $2.7 trillion balance sheet were a factor...
Deere to lay off 163 manufacturing workers in U.S.
Deere & Co. said on Tuesday it will indefinitely lay off 163 U.S. manufacturing workers due to decreased customer demand....
Wall St. tumbles on manufacturing drop
The Dow and S&P 500 had their worst tumble in over a month on Tuesday after data showed U.S. factory activity shrank in September to...
American Airlines pilots demand compensation over Boeing 737 MAX grounding
American Airlines Group’s pilots want compensation for lost pay stemming from flights canceled as a result of the Boeing 737 MAX grounding, the head of...
UAW rejects new GM offer as strike forces 6,000 Mexico layoffs
The United Auto Workers union said on Tuesday it rejected a new comprehensive offer made by General Motors Co to end a two-week-old strike, saying...
UAW rejects new GM offer, makes new counterproposal
The United Auto Workers union said a new comprehensive offer made by General Motors Co late Monday to end a two-week-old strike was not acceptable...