Markets register a shock, but is Trump right to blame the Fed?
It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession....
Fidelity Investments wins court battle with IRS over coal tax credits
Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal....
Novartis replaces top scientists at Avexis after drug data manipulated
Novartis AG said on Wednesday it replaced the two top research and development executives at its Avexis unit after some data was manipulated from early...
Oil drops 3% on weak global economic data, U.S. crude stocks build
Oil prices shed 3% on Wednesday after fresh Chinese and European economic revived global demand fears and U.S. crude inventories rose unexpectedly for the second...
GE secures four-year labor deal with unions for 6,600 workers
General Electric Co has clinched a labor deal with all 6,600 of its unionized workers in the United States, averting potential strikes that could have...
U.S. stocks stumble on fears of looming recession
Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon....
Osram and AMS say takeover talks are constructive
Osram and AMS said on Wednesday that talks about a takeover of the German lighting group by the Austrian sensor maker were progressing....
Ford extends warranties on 560,000 Focus, Fiesta models
Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Focus and Fiesta cars in the United States...
Factbox: Where’s the fit? Sensor specialist AMS eyes lighting group Osram
Austrian sensor specialist AMS plans to buy Osram Licht in a deal that would value the bigger, German group at 4.3 billion euros ($4.8 billion)....
Trump sees Fed rather than trade war as source of market turmoil
With global markets flashing concern about the fallout from the U.S.-China trade war and the near-term strength of the American economy, U.S. President Donald Trump...