Wall Street on the rise for third day after upbeat data
U.S. stocks surged on Thursday as better-than-expected domestic and Chinese data as well as a firming yuan offered some relief to investors alarmed by a...
Kraft Heinz withdraws outlook after dismal results
Kraft Heinz Co reported weak sales on Thursday, prompting the maker of packaged foods to write down the value of several business units by more...
Anadarko shareholders go for the cash in Occidental buyout
Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp , ending a short-lived...
Lee, Wrangler-maker Kontoor tops estimates on new savings
Kontoor Brands Inc beat expectations for quarterly profit on Thursday as the denim apparel maker’s efforts to cut costs post its spinoff from VF Corp...
PG&E shareholders outline possible $15 billion rights issue
PG&E Corp shareholders have committed to engaging in a rights offering worth a potential $15 billion in support of a planned reorganization of the embattled...
Petition by Walmart employee to protest gun sales gathers nearly 45,000 signatures
A petition started by a junior Walmart Inc worker in California to protest the retailer’s sale of firearms, following two mass shootings over the weekend...
Viacom stages U.S. ad rebound as CBS talks continue
Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon cable networks, beat estimates for quarterly revenue and profit on Thursday, as it posted...
Wall Street gains on upbeat data, firming yuan
U.S. stocks rose on Thursday as better-than-expected domestic and Chinese data as well as a steadying yuan offered some comfort to investors rattled by an...
Glencore Zambian unit closes two mine shafts; opposition sees 1,400 job cuts
Glencore’s Mopani Copper Mines in Zambia has closed two shafts at its Nkana mine, the company said on Thursday, a move that an opposition leader...
Wall Street opens higher on upbeat China data, firming yuan
U.S. stocks opened higher on Thursday, as better-than-expected trade data from China and a steadying of its currency offered some comfort to investors rattled by...