New applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labor market conditions tightened further.
Fiat Chrysler Automobiles NV on Thursday reported a 15.7 percent rise in U.S. auto sales for October, helped by higher demand for its Jeep sport utility vehicles and Ram pick-up trucks.
U.S. stocks were on pace for third straight day of gains on Thursday, leaving behind a brutal October, as improving risk sentiment globally was further boosted by a string of robust earnings reports.
An activist hedge fund led by the former finance chief of JP Morgan Chase has taken a 3.1 percent stake in Deutsche Bank , saying it backed new CEO Christian Sewing’s efforts to turn around Germany’s biggest bank, but there was more to do.
Sears Holdings Corp , which filed for Chapter 11 bankruptcy protection last month, said on Thursday it would license out the manufacturing of some its Kenmore and DieHard products to third parties.
New applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labor market conditions tightened further.
U.S. stocks eyed a third day of gains on Thursday, leaving behind a brutal month of losses, as improving risk sentiment globally was further boosted by a string of positive earnings reports.
German consumer group vzbv filed a lawsuit against Volkswagen on Thursday over diesel emissions tests rigging, using new class-action rules which came in on Nov. 1, potentially making it easier to win damages from companies.
U.S. health insurer Cigna Corp beat analysts’ estimates for quarterly profit and raised its full-year earnings forecast on Thursday, as it kept a tight lid on costs of the services provided under its health plans.
Malaysia’s long-haul budget carrier AirAsia X on Thursday appointed Nadda Buranasiri as its new group chief executive officer to take over from its co-founders.
Activist investor Carl Icahn filed a lawsuit against Dell Technologies on Thursday, alleging that the computer maker did not disclose “basic information” related to its plans to go public by buying back its tracking stock .
U.S. homebuilders’ earnings have been hit by rising mortgage rates in the latest quarter, but their shares are showing signs of recovering.
Tuesday’s midterm U.S. congressional elections stand to have broad effects on federal government policies that could ripple through industries from healthcare and tech to gunmakers and prisons.
New York-based activist hedge fund Hudson Executive Capital LP has taken a stake in Deutsche Bank , the German lender said on Thursday.
Spotify , the world’s most popular paid music streaming service, on Thursday reported a modest 5 percent rise in premium subscribers for its third quarter, while revenue and gross margins were roughly in line with market expectations.
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