Business & Finance News
Delta Airlines Inc, the second-largest U.S. airline, on Wednesday joined other major airlines in hiking domestic flight baggage fees by $5 per bag to $30.
The U.S. Securities and Exchange Commission on Wednesday sued the founder and former chief executive of Sientra Inc for fraudulently concealing problems with his company’s breast and other implants as it was raising $61.4 million in a public stock offering.
Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to U.S.-China trade tensions, Chinese news agency Xinhua reported on Wednesday.
World stock markets broadly rose for a second straight day on Wednesday, while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows on bets the ongoing U.S.-China trade spat would inflict less damage than feared.
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in a row.
The U.S. Securities and Exchange Commission on Wednesday sued the founder and former chief executive of Sientra Inc for fraudulently concealing problems with his company’s breast and other implants as it was raising $61.4 million in a public stock offering.
Alibaba Chairman Jack Ma said the company no longer plans to create one million jobs in the United States due to the U.S.-China trade conflict, China’s news agency Xinhua reported http://www.xinhuanet.com/2018-09/19/c_1123456015.htm on Wednesday.
The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been nearly synonymous with the “tech” rally that has fueled the stock bull market.
Canadian Prime Minister Justin Trudeau said on Wednesday he wanted to see flexibility from the United States if the two sides are to reach a deal on renewing NAFTA, which Washington insists must be finished by the end of the month.
The trade dispute between the United States and China could well expand into other areas given the significant “ammunition” the two countries have, the director-general of the World Trade Organization (WTO) said on Wednesday.
Nike Inc has sold out 61 percent more merchandise since the controversial ad campaign featuring former NFL player Colin Kaepernick appeared earlier this month, according to data on the company’s online sales from Thomson Reuters Proprietary Research.
U.S. regulators ordered Bank of America on Wednesday to pay a $30 million civil penalty for what it called attempted manipulation of the swaps and derivatives benchmark.
The S&P 500 and the Dow Jones Industrials Average rose on Wednesday, helped by upbeat housing data and a gain for bank stocks driven by rising Treasury yields, while the tech-heavy Nasdaq was weighed by a drop in Microsoft.
U.S. regulators ordered Bank of America on Wednesday to pay a $30 million civil penalty for what it called attempted manipulation of the swaps and derivatives benchmark.
The British Airline Pilots Association (BALPA) said on Wednesday that it expected industrial unrest at Ryanair across Europe to continue for the foreseeable future.
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