The U.S. Justice Department said on Thursday it would appeal a federal judge’s approval of AT&T Inc’s $85.4 billion acquisition of Time Warner, raising the prospect barely a month after the deal closed that it could be undone.
U.S. stocks climbed on Thursday as top technology names hit record highs and industrials rebounded from losses driven by trade worries the day before.
Between an analyst downgrade and a slow month for women’s fashion, these three stocks lagged the market. …read more […]
Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as U.S. stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.
U.S. stocks closed higher on Thursday as industrials rebounded and technology names soared, while commodities recovered and the dollar held steady after concerns over an escalating U.S. trade war with China took a breather.
A decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth.
U.S. stocks climbed on Thursday as top technology names hit record highs and industrials rebounded, offsetting worries about a U.S.-China trade war.
Exxon Mobil said on Thursday it ended its association with the American Legislative Exchange Council, a conservative political group that several other prominent U.S. corporations have left in recent years.
Delta Air Lines reduced its 2018 EPS guidance on Thursday due to a spike in fuel costs, but the U.S. airline giant remains highly profitable. …read more […]
Stock markets around the world bounced back on Thursday, with U.S. gains led by merger activity and earnings optimism that offset concerns over an escalating U.S. trade battle with China.
Ryanair’s Irish pilots are planning to hold two more one-day strikes on July 20 and July 24, a spokesman for the IALPA/FORSA union told Reuters on Thursday.
Britain’s government is nearing a decision to buy four to six surveillance planes built by U.S. aerospace giant Boeing , sources familiar with the plans said on Thursday – a move that could stir a growing debate over UK and European defense jobs.
Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel’s efforts to diversify away from CPU chips.
Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel’s efforts to diversify away from CPU chips. Intel did not disclose terms of the deal for eASIC, which is based in Intel’s hometown of Santa Clara, California. An Intel spokeswoman said the price was “not material,” but that about 120 people would join Intel’s so-called programmable solutions group as a result. …read more […]
Republican and Democratic U.S. senators said on Thursday they want the government to reinstate penalties on ZTE Corp, despite a Trump administration agreement paving the way for an end of a ban on the Chinese telecommunications company.
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