Target, Lowe’s drive Wall Street higher
Wall Street was set to open higher on Wednesday, as investors cheered upbeat earnings from Lowe’s and Target, while awaiting minutes from the Federal Reserve’s...
Trump heaps pressure on Fed, Fed chair Jerome Powell
President Donald Trump on Wednesday continued to pressure the Federal Reserve and the central bank’s chairman to lower interest rates, saying its policies were hampering...
Exclusive: Checks seen on some Airbus A380s after 2017 engine explosion
Investigators probing an engine explosion on an Air France A380 in 2017 are studying a possible manufacturing flaw with a key part in a move...
Philips, under investigation in U.S. and Brazil, fired whistleblower who warned of graft
Healthcare giant Philips was warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them, nearly a decade before...
Norway mulls alternatives to sluggish Europe for $1 trillion fund
Norway’s $1-trillion-plus sovereign wealth fund, the world’s largest, may seek to shift the balance of its investments between Europe, the Americas and Asia, a senior...
Osram to clear way for AMS takeover offer tonight: sources
Osram will most likely waive an agreement that currently prevents AMS from making a takeover bid, paving the way for the Austrian group to enter...
Target raises profit forecast as same-day services power quarterly beat
Target Corp raised its annual profit forecast on Wednesday after reporting better-than-expected quarterly results as higher investments to remodel stores and beef up digital business...
Futures gain on upbeat Target, Lowe’s earnings; Fed minutes eyed
U.S. stock index futures rose on Wednesday as upbeat earnings reports from retailers Lowe’s and Target reflected robust consumer demand, helping ease some concerns around...
Texas shale towns grapple with growth as oil-bust fears fade
In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500,...
Target raises profit forecast as online sales power second-quarter beat
Target Corp beat Wall Street estimates for quarterly profit and raised its annual forecast on Wednesday, as higher investments to cater to changing shopping habits...