Wall Street’s main indexes fell for a third session on Wednesday as healthcare and energy shares slumped and investors sought reasons to buy after the market’s strong rally to start the year.
U.S. President Donald Trump said on Wednesday that trade talks with China are moving along well.
Slowing global growth and the 35-day partial federal government shutdown weighed on the U.S. economy in the first weeks of 2019, but it continued growing amid still-tight labor markets, the Federal Reserve reported on Wednesday.
Exxon Mobil Corp plans to boost capital spending for several years, CEO Darren Woods said on Wednesday, and the largest U.S. oil company’s shares fell after he laid out a strategy to “lean in” while the rest of the industry cuts back.
The U.S. Treasury said on Wednesday it was extending by four months the deadline for investors to divest from Russian automaker GAZ, a company linked to Russian tycoon Oleg Deripaska that Washington sanctioned over Russia’s “malign activity.”
Airline chiefs from the top five operators in Europe on Wednesday were asked a simple question: If they could trade places with one of their rivals for a week, who would they choose?
The U.S. goods trade deficit surged to a record high in 2018 as strong domestic demand fueled by lower taxes pulled in imports, despite the Trump administration’s “America First” policies, including tariffs, aimed at shrinking the trade gap.
A Canadian judge set Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou’s next court date for May 8, as she appeared in court on Wednesday.
Wall Street’s three main indexes were on track to record their third session of losses as healthcare stocks fell and investors booked profits after a stellar run in equities this year.
The head of Dutch airline KLM sought on Wednesday to ease a Franco-Dutch row over share purchases in parent group Air France-KLM by the Dutch government – as low-cost airline chief Michael O’Leary gleefully stoked the embers of the dispute.
(Editor’s note: paragraph 2 contains language that readers may find offensive)
The surprise arrest of Huawei’s chief financial officer in December quickly turned the executive, Meng Wanzhou, into a central figure in a trade war between two economic superpowers.
Ousted Renault-Nissan boss Carlos Ghosn has been very affected by the 107 days he spent in a Tokyo prison, his French lawyer Francois Zimeray said on RTL radio station on Wednesday.
Bristol-Myers Squibb defended its planned $74 billion takeover of Celgene Corp, saying it had carried out a “robust” assessment of the merger after two major investors opposed what could be the largest pharmaceutical deal ever.
Trade negotiations between the United States and China are progressing well via video conference, a senior official at the U.S. Department of Agriculture said on Wednesday.
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