Financials help Wall Street bounce back
U.S. stocks recovered from early losses on Wednesday, helped by financial stocks, although investors were guarded as worries about a recession loomed and trade tensions...
Wall Street rebounds as financial shares gain
Gains in financial shares helped U.S. stocks reverse early losses on Wednesday, although investors were guarded amid worries about a recession and trade tensions between...
Tiffany profit tops Street estimates, sales fall on tourist spending drop
Luxury jeweler Tiffany & Co on Wednesday reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back...
Over 200 U.S. footwear companies urge Trump to scrap proposed tariff hike
More than 200 U.S. footwear companies on Wednesday urged U.S. President Donald Trump to cancel proposed higher tariffs on Chinese imports that take effect beginning...
U.S. trade agency affirms Trump’s extra 5% tariff hike on Chinese goods
The U.S. Trade Representative’s office on Wednesday reaffirmed President Donald Trump’s plans to impose an additional 5% tariff on a list of $300 billion of...
Stocks shed early losses; sterling tumbles on Brexit jitters
A gauge of equities worldwide shed early losses on Wednesday as Wall Street stocks rose despite looming recession jitters, while sterling tumbled as Britain’s prime...
Coty sees revenue improving as turnaround plan takes shape; shares rise
Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and increased...
Hudson’s Bay to sell Lord + Taylor for $100 million
Hudson’s Bay Co said on Wednesday it would sell its Lord + Taylor department store business to fashion rental service company Le Tote Inc for...
Explainer: U.S. dollar intervention: What would it take?
The strength of the U.S. dollar has long been a thorn in President Donald Trump’s side. That has put the almost unthinkable scenario of currency...
Apple says to restart Siri reviews with new controls
Apple Inc users will be able to opt out of the company reviewing their conversations with voice assistant Siri under measures announced on Wednesday to...