Conservative commentator Stephen Moore’s sexist comments about women have put in jeopardy his path to the Federal Reserve, with the No. 2 Republican in the Senate saying Wednesday that President Donald Trump’s potential nominee may not have the votes to be confirmed.
A British government minister will be called to parliament on Thursday to answer a question on the findings of an inquiry into the disclosure of confidential information relating to Chinese telecoms company Huawei, the opposition Labour Party said.
U.S. private equity firm Blackstone Group has launched legal action against the chairman and controlling shareholder of Italian publisher RCS Mediagroup over a disputed property sale, a copy of the lawsuit showed.
Asian markets marked time on Thursday with two major centers – Japan and China – shut for holidays while the dollar held on to overnight gains after the U.S. central bank poured cold water on rate cut expectations.
Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on Wednesday, citing a source.
Asian markets marked time on Thursday with two major centers – Japan and China – shut for holidays while the dollar held on to overnight gains after the U.S. central bank poured cold water on rate cut expectations.
British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei.
PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider.
The U.S. House Transportation and Infrastructure Committee will hold a May 15 hearing on the grounded Boeing 737 MAX and the Federal Aviation Administration’s (FAA) aircraft certification program, three people briefed on the matter said on Wednesday.
Apple Inc shares rose nearly 5 percent on Wednesday, pushing the iPhone maker’s market valuation back toward $1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhone sales.
Wearable device maker Fitbit Inc reported better-than expected first-quarter results and reaffirmed its full-year revenue forecast on Wednesday, as it sells more smartwatches and wearable devices that track health at affordable prices.
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them any time soon, taking heart in continued job gains and economic growth and the likelihood that weak inflation will edge higher.
Qualcomm Inc shares fell about 2% on Wednesday as investors got their first look at the bottom line impact of a patent fight settlement with Apple Inc.
Traders of U.S. short-term interest rate futures trimmed bets the Federal Reserve would cut rates before the end of the year after Fed Chairman Jerome Powell poured cold water on the idea.
Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities.
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