There may be room for the U.S. jobs market to improve further without pressure on inflation, an argument for the Fed to be patient as it considers further rate increases, Atlanta Federal Reserve bank president Raphael Bostic said on Thursday.
Canadian Prime Minister Justin Trudeau said on Thursday he wanted a good NAFTA deal as soon as possible, but did not answer directly when asked if he agreed with Washington that Sept. 30 was the final deadline for talks.
Airbus named its second new sales chief in less than a year on Thursday after chief commercial officer Eric Schulz abruptly resigned nine months after being poached from Rolls-Royce to lead the battle for jet sales against Boeing.
Apple led a rebound in technology shares and boosted all three major U.S. stock indexes on Thursday, while trade worries eased after China said it was open to fresh talks with the United States.
Volkswagen’s U.S. unit said on Thursday it would stop producing the iconic Beetle car next year.
General Motors Co is recalling 1.205 million pickup trucks and sport utility vehicles worldwide due to issues with a temporary loss of power steering, the No.1 U.S. automaker said on Thursday. The recall … …read more […]
General Motors Co is recalling 1.205 million pickup trucks and sport utility vehicles worldwide due to issues with a temporary loss of power steering, the No.1 U.S. automaker said on Thursday.
Third-quarter markets revenue at JPMorgan Chase & Co is down by a small percent from a year earlier after adjusting for tax law changes, Chief Financial Officer Marianne Lake said at an investor conference on Thursday.
A second round of tariff-related aid to U.S. farmers could be announced in December, according to a white paper released by the U.S. Department of Agriculture on Thursday.
Two former partners of the hedge fund Deerfield Management were sentenced to three years in prison on Thursday after being convicted of taking part in what prosecutors have described as an insider trading scheme based on leaks from within a federal healthcare agency.
The announcement marks a deeper foray into philanthropy for Bezos, whose fortune has soared to more than $160 billion thanks to his stake in Amazon, according to Forbes. Dominance in e-commerce and the nascent field of cloud computing has made Amazon the world’s second-most valuable public company. Bezos solicited ideas on Twitter last year for ways to donate some of his wealth. …read more […]
Jeff Bezos, Amazon.com Inc’s founder and the world’s richest person, on Thursday said he will commit $2 billion to helping homeless families and starting pre-schools for low-income communities.
A gunman went on a rampage, killing his wife and four other people before shooting himself to death, California authorities said. Kern County sheriff’s Lt. Mark King said Thursday there were “strong indications” of a domestic violence motive in the Wednesday evening rampage. The victims were shot at and near a trucking company and then at a residence in Bakersfield, about 90 miles (145 kilometers) north of Los Angeles. …read more […]
Trade unions at Volkswagen’s Czech unit Skoda Auto on Thursday rejected any idea of moving some of the production of its premium sedan model Superb to German plants.
The U.S. agency that enforces federal labor laws took the first steps on Thursday towards loosening an Obama-era standard that made it easier to hold companies liable for illegal labor practices by their contractors and franchisees.
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