American, Southwest Airlines bump more passengers after 737 MAX grounding
American Airlines Group Inc and Southwest Airlines Co are bumping thousands of passengers off airplanes after their Boeing 737 MAX fleet’s was grounded in mid-March...
Revlon taps Goldman to explore strategic options: Bloomberg
Cosmetics maker Revlon Inc has tapped Goldman Sachs Group Inc to explore options for its business, Bloomberg reported on Thursday, citing people familiar with the...
Wall Street struggles for direction as bond yields slide
Wall Street seesawed from red to black and back on Thursday as recessionary fears and simmering U.S.-China trade tensions offset upbeat retail sales data....
Canopy Growth needs another 3-5 years to turn profit
Canopy Growth Corp said on Thursday it expects another three to five years to turn in a profit as Canada’s largest cannabis company invests heavily...
GE shares fall on report alleging its finances are worse than disclosed
General Electric shares fell as much as 15% on Thursday after fraud investigator Harry Markopolos, who blew the whistle on Bernard Madoff’s Ponzi scheme, said...
Canada’s Intact Financial to buy Guarantee Co, Frank Cowan for C$1 billion
Canadian property and casualty insurer Intact Financial Corp said on Thursday it agreed to buy The Guarantee Co of North America and Frank Cowan Co...
Strong U.S. retail sales ease gloom over economy
U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, helping to assuage...
Kraft, Mondelez to pay $16 million in wheat price manipulation case
The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will pay $16 million in penalty regarding a...
Wall Street mixed after strong retail sales data, conflicting trade reports
U.S. stocks swung between gains and losses on Thursday as strong July retail sales and upbeat Walmart earnings eased fears of a recession, but mixed...
U.S. 30-year yields drop to fresh record low below 2%
U.S. 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries...