Oil trims gains but Middle East risks keep stocks on back foot
Oil futures shed some of their massive gains on Tuesday as the United States flagged the possible release of crude reserves, but the threat of...
WeWork parent pulls IPO following pushback: sources
WeWork owner The We Company took a last-minute decision on Monday to suspend preparations for an initial public offering (IPO), concerned that its stock market...
Saudi-style drone attacks not seen as major U.S. risk, experts say
The style of attack used against oil plants in Saudi Arabia that knocked out half of the country’s production on Saturday is unlikely to be...
Trump says he does not want war after attack on Saudi oil facilities
U.S. President Donald Trump said on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did...
Germany’s Osram urges investors to accept $4.8 billion AMS offer
Osram advised shareholders to accept a 4.3 billion euro ($4.8 billion) bid from AMS on Monday, bringing the Austrian sensor specialist a step closer to...
FAA chief to meet with Boeing officials, test 737 MAX simulator
New Federal Aviation Administration (FAA) chief Stephen Dickson plans to fly to Seattle this week to fly “newly configured” Boeing 737 MAX software in a...
Electric vehicles, batteries could draw bulk of GM’s $7 billion pledge
A new family of electric vehicles, an all-electric pickup truck and an advanced battery system could draw much of the $7 billion that General Motors...
Prudential subsidiaries to pay nearly $33 million to settle disclosure charges: SEC
Two Prudential subsidiaries have agreed to pay nearly $33 million to settle charges they failed to disclose conflicts of interest and made misleading disclosures regarding...
U.S., Chinese trade deputy talks to start on Thursday: USTR
Deputy-level U.S.-China trade talks are scheduled to start in Washington on Thursday, the U.S. Trade Representative’s office said on Monday, paving the way for high-level...
FedEx to increase shipping rates across units in 2020
U.S. package delivery company FedEx Corp said on Monday shipping rates at its express unit, which delivers packages using planes, will increase by an average...