WeWork’s Neumann voted to oust himself as CEO after failed IPO – sources
When WeWork’s directors voted on Tuesday to oust Adam Neumann as chief executive after a failed attempt to take the office-sharing startup public, Neumann cast...
SEC adopts new rules on exchange traded funds
The Securities and Exchange Commission on Thursday said it would adopt a new rule to modernize how exchange-traded funds (ETFs) are brought to the market...
Fed’s Clarida says inflation expectations in line with mandate
U.S. inflation expectations are currently in line with the central bank’s 2% goal, Federal Reserve Vice Chair Richard Clarida said on Thursday, a remark that...
U.S. investors prepare for drawn-out House impeachment proceedings
Investors are starting to prepare for a long U.S. impeachment process that could drag into 2020....
Column: U.S. Democrats have wisely moved to the left on ideas for Social Security reform
(The opinions expressed here are those of the author, a columnist for Reuters.)...
Gap to hire fewer workers for holiday season
Gap Inc said on Thursday it plans to hire more than 30,000 seasonal workers for the upcoming holiday season, lower than the 65,000 target the...
Commerzbank cuts revenue forecast as board approves overhaul
Commerzbank no longer expects a rise in underlying revenue this year, the German lender warned on Thursday, as its supervisory board approved plans announced last...
Fitness startup Peloton’s shares fall 7% in market debut
Shares of Peloton Interactive Inc , the fitness startup known for on-demand workout programs on its exercise bikes, slid as much as 7% in their...
Wall Street drops on tech slide, Washington turmoil
Wall Street’s main indexes extended declines on Thursday after a report that the United States was unlikely to extend a temporary waiver over Huawei’s blacklisting,...
GM reverses decision, will pay striking union workers’ healthcare coverage
General Motors Co said on Thursday it will pay for the health insurance of its striking hourly workers, reversing a decision to push the costs...