Wells Fargo hires Comerica’s Julia Wellborn to lead private bank
Wells Fargo & Co said on Wednesday Julia Wellborn will become the head of Private Wealth Management, ending a months-long search for a leader following...
Ford results dented by restructuring, gives weaker-than-expected forecast
Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker...
J.C. Penney tie-up favorable for Sephora business: LVMH
U.S. sales at beauty retailer Sephora picked up in the second quarter after a sluggish end to 2018, its parent LVMH said on Wednesday, citing...
Tesla falls short on revenue, margins in second-quarter, shares tumble 11%
Tesla Inc on Wednesday posted a steeper-than-expected loss in its second quarter as profit margins on its vehicles narrowed, saying it still aimed for profit...
Ryanair Portuguese cabin crew to strike in August: union
Ryanair cabin crew in Portugal are set to strike for five days in August in a dispute over pay and conditions, the SNPVAC union said...
Facebook to pay record $5 billion U.S. fine over privacy; faces antitrust probe
Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data,...
Tesla second-quarter revenue misses, shares fall
Tesla Inc reported second-quarter revenue that missed analysts’ estimates on Wednesday, sending its shares down nearly 8% in extended trading....
Top U.S., China trade negotiators to meet in Shanghai next week
Top U.S. and Chinese negotiators will meet face-to-face next week for the first time since Presidents Donald Trump and Xi Jinping agreed to revive talks...
Ford results dented by restructuring, gives low ’19 forecast
Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker...
Surging chip stocks propel S&P 500 and Nasdaq to records
The S&P 500 and Nasdaq hit record highs on Wednesday after reassuring comments from Texas Instruments about global chip demand blunted the impact of weak...
