Apple lifts Wall Street higher; Fed decision on the horizon
U.S. stocks rose on Wednesday on a boost from Apple’s upbeat earnings report, but a drop in chip stocks capped gains, while investors awaited a...
GE raises 2019 forecast but posts loss, shares fall
General Electric Co raised its 2019 forecast on Wednesday amid a modest improvement at some of its industrial units, but posted a net loss and...
U.S. Midwest factory index sags to lowest since December 2015: Chicago PMI
U.S. Midwest manufacturing activity unexpectedly deteriorated to its weakest level since December 2015 in July amid ongoing trade dispute between China and the United States,...
U.S. second-quarter labor costs gain smallest in 1-1/2 years
U.S. labor costs rose at their slowest pace in 1-1/2 years in the second quarter, the latest indication of benign inflation that could allow the...
BlackRock raises $2 billion for Global Credit Opportunities Fund
BlackRock Inc , the world’s largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic credit fund, Global Credit...
Space insurance costs to rocket after satellite crash
Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record...
Ryanair tells staff it has 500 pilots more than it needs
Ryanair has told its staff it has 500 more pilots and 400 more cabin crew than required and job losses will be announced in coming...
Wall St. set to open higher on Apple bounce; Fed decision awaited
U.S. stocks were set to open higher on Wednesday, as concerns over the impact of the U.S.-China trade war eased after Apple’s upbeat earnings report,...
Kraft Heinz to report half-yearly results on Aug. 8
Kraft Heinz Co said on Wednesday it would report results for the first six months of the year on Aug. 8, its first financial statement...
Baker Hughes beats estimates on international demand, LNG activity
General Electric Co’s oilfield services arm, Baker Hughes, reported a better-than-expected profit, helped by higher LNG markets activity and a rise in international demand for...