S&P 500 closes in on record-high on trade hopes, euro zone stimulus
The S&P 500 inched closer to its all-time high on Thursday, after a stimulus drive by the European Central Bank added to an upbeat mood...
Woodford listed fund says corporate director to cut valuation in one of its holdings
Woodford Capital Patient Trust, the listed trust run by under-fire money manager Neil Woodford, said its authorized corporate director Link Fund Solutions would cut the...
Exclusive: Ahead of trade talks, China makes biggest U.S. soybean purchases since June – traders
Chinese importers bought at least 10 boatloads of U.S. soybeans on Thursday, their most significant purchases since at least June, traders said, ahead of high-level...
Grand jury indicts GE’s Baker Hughes for exposing workers to toxic chemicals
A grand jury in Alaska this week indicted General Electric’s Baker Hughes , two of its subsidiaries and an employee, for 25 felony charges of...
Low-cost fracking offers boon to oil producers, headaches for suppliers
At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by...
Deutsche Bank is first to settle Fannie Mae, Freddie Mac bond-rigging lawsuit
Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac ,...
Senate approves full term for Fed’s Bowman
The U.S. Senate voted on Thursday to confirm Federal Reserve Governor Michelle Bowman to a full 14-year term....
Wall Street gets boost from easing trade concerns, euro zone stimulus
U.S. stocks were on track for a second straight session of gains on Thursday, after a stimulus drive by the European Central Bank added to...
SmileDirectClub falls 11% in U.S. market debut
Shares of SmileDirectClub , a teeth alignment company, tumbled 10.7% in their market debut on Thursday, after the company’s initial public offering was priced above...
U.S. probes 553,000 Nissan Rogue SUVs for unintended emergency braking
The National Highway Traffic Safety Administration has opened a preliminary investigation into 553,000 Nissan Rogue sport utility vehicles after reports of their automatic emergency braking...