Articles by admin

U.S. President Donald Trump’s favorite report card on his presidency may be failing him at a critical moment.

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United Parcel Service Inc on Thursday will unveil an urban delivery test in Seattle that uses electric bicycles geared to carry packages in large preloaded boxes to save time and cut pollution, the company said.

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Retail billionaire Philip Green, one of Britain’s most prominent businessmen, was named in parliament on Thursday as having taken legal action to try to prevent publication of allegations of sexual harassment against him.

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U.S. stocks gained on Thursday, as Microsoft’s strong earnings helped Nasdaq-listed companies stage a rebound from the tech-heavy index’s worst decline since 2011 in the previous session.

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Activist hedge fund Trian Fund Management said on Thursday that it wants to replace PPG Industries’ chief executive with his predecessor and suggested that the U.S. paints and coatings company be broken up.

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Oil prices rose on Thursday alongside U.S. stock markets as Wall Street recovered from the worst meltdown since 2011 the previous day, allaying some fears that a slowdown in global economic growth would hit demand for oil.

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European and U.S. markets attempted a rebound on Thursday after Wall Street’s worst day since 2011 and heavy losses in Asia gave global stocks another boot towards their worst month since the financial crisis.

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Elon Musk’s rocket company SpaceX is looking to borrow $500 million in the leveraged loan market through Goldman Sachs, which is leading talks with potential investors this week, Bloomberg reported on Thursday.

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Twitter Inc shares jumped as much as 22 percent on Thursday, putting them on track for their biggest one-day gain, as the social media company easily beat Wall Street’s revenue and profit estimates by selling more ads even though it lost users after purging millions of fake accounts.

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U.S. stocks rose on Thursday, as strong earnings from Microsoft helped Nasdaq-listed companies stage a rebound from the tech-heavy index’s worst decline since 2011 in the previous session.

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U.S. business spending on equipment appeared to have remained slow in September and the goods trade deficit widened further as rising imports outpaced a rebound in exports, suggesting economic growth moderated in the third quarter.

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Private equity firm KKR & Co Inc sees the chance to take advantage of the recent U.S. stock market plunge to make acquisitions, co-President and co-Chief Operating Officer Scott Nuttall said on Thursday.

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American Airlines shares rose 4 percent on Thursday after the company said its profit margin for the current quarter would be higher than most on Wall Street expected, helped by a dip in fuel costs from their recent spike.

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Merck & Co Inc and Bristol-Myers Squibb Co posted better-than-expected third quarter profit and raised their 2018 earnings forecasts on Thursday due to strong demand for their rival cancer immuno-oncology treatments.

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