Nordstrom profit beats estimates, shares surge 13%
Upscale retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday, as its focus on online business helped offset weaker sales in its brick-and-mortar stores,...
Fed was divided on rate cut, wanted to avoid appearing on path for more cuts
Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on...
Anglo American agrees to earlier community payout in Peru after protests
Anglo American PLC will spend some $30 million on community projects near its Quellaveco copper project in Peru three years earlier than planned after protests...
Johnson struggles with Merkel’s name
During a joint news conference in Berlin, British Prime Minister Boris Johnson on Wednesday seemed to have a hard time pronouncing the first name of...
Wall Street rises as Target, Lowe’s results point to consumer confidence
Wall Street’s main indexes rose on Wednesday as upbeat earnings from retailers pointed to strength in U.S. consumer demand, and held gains after minutes from...
Nordstrom misses quarterly sales estimates
Department store chain Nordstrom Inc reported quarterly sales below analysts’ expectations on Wednesday, as the upscale retailer struggled to attract shoppers to both its full-price...
E-cigarette firms probed over health concerns by U.S. House panel
Four dominant e-cigarette manufacturers face a probe into the health impacts of their products, as the U.S. House Energy and Commerce Committee asked on Wednesday...
Parkland survivors reveal anti-gun violence plan
Survivors of the Florida school shooting have their own plan to curb gun violence, while U.S. President Donald Trump says he’s going after background check...
U.S. farmers, lawmakers dial up pressure on Trump over biofuel policy
The agriculture and biofuel industries and their allies in the U.S. Congress ramped up pressure on the Trump administration on Wednesday over the relief he...
Wall Street gains after upbeat retail earnings
Wall Street’s main indexes rose on Wednesday as upbeat earnings from retailers pointed to strength in U.S. consumer demand and held their gains after minutes...