(Reuters) – American International Group Inc executives on Thursday defended their strategy for transforming the company, saying some key improvements would take hold by year-end, but failed to convince investors as shares slid more than 6 percent.
(Reuters) – U.S. stock indexes were down on Thursday, but off their session lows on what some traders said was due to technical buying amid worries of the outcome of U.S.-China trade talks, rising interest rates and disappointing earnings reports.
(Reuters) – Major U.S. indexes fell more than 1 percent in a broad slump on Thursday as investors remained wary about the outcome of U.S.-China trade talks and potential for rising interest rates, while a slew of disappointing earnings reports also weighed.
BEIJING (Reuters) – U.S. President Donald Trump on Thursday praised his relationship with Chinese President Xi Jinping as officials from the world’s two largest economies began trade talks in Beijing, while state media said China would stand up to U.S. bullying.
Hundreds of thousands of dollars billowed out of the back of a Brinks armored truck on Interstate 70 in Indianapolis on Thursday. Drivers on Interstate 70 in Indianapolis, Indiana, were unexpectedly showered with hundreds of thousands of dollars after the back of a Brinks armored truck blew open on the interstate. “Bags of money were falling out of the back onto the interstate,” Indiana State Police Corporal Brock McCooe told Fox 8. …read more […]
President Donald Trump’s explanation for why he fired FBI Director James Comey has shifted again. Rudy Giuliani, Trump’s new attorney, said in an interview on Fox News that Trump fired Comey last year because Comey would not state “that he wasn’t a target” of the special counsel’s Russia investigation. “He fired Comey because Comey would not, among other things, say that he wasn’t a target of the investigation,” Giuliani said. …read more […]
(Reuters) – American International Group Inc executives on Thursday defended their strategy for transforming the company, saying some key improvements would take hold by year-end, but failed to convince investors as shares slid more than 8 percent.
WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in March as exports increased to a record high amid a surge in deliveries of commercial aircraft and soybeans, bolstering the economy’s outlook heading into the second quarter.
Even as Amazon continues to grow at a staggering rate, it is pumping the …read more […]
The Dutch microchip maker reported fairly decent first-quarter results, but management didn’t have much to say about the pending merger with Qualcomm. …read more […]
Regeneron Pharmaceuticals Inc disappointed Wall Street with lower-than-expected sales of its newer treatments, eczema medicine Dupixent and heart drug Praluent, exacerbating concerns over the company’s future sales growth as its best-selling eye drug Eylea faces more competition. Regeneron is bracing for a hit to Eylea’s sales by focusing on expanding Dupixent’s label to reach more patients and venturing into the hot new field of immuno-oncology with a potential regulatory approval later this year. Just two days ago, Regeneron and partner Sanofi SA slashed the price on Praluent by more …read more […]
LONDON (Reuters) – Bank of America will relocate up to 125 jobs from Britain mostly to Ireland as it prepares for Britain’s exit from the European Union, according to a corporate filing.
TORONTO (Reuters) – A group of Canadian coffee chain Tim Horton’s U.S. franchisees said on Thursday it is suing parent company Restaurant Brands International , escalating growing tensions between the company and owners of its U.S. and Canadian coffee shops.
It’s a mass of random improvements, scattered all over its 50 million lines of code. …read more […]
(Reuters) – Bombardier Inc said on Thursday it will stick by its remaining commercial aerospace program after agreeing to sell its biggest land asset, as the Canadian plane and train maker strives to raise cash to pay down its debt.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
