Business & Finance News
The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries’ currencies tumbling.
U.S. stocks ended their four-day winning streak on Thursday as investors sold risk ahead of the long holiday weekend.
U.S. President Donald Trump is ready to increase trade tensions with China, telling aides he wants to impose tariffs on $200 billion more in Chinese imports after a comment period ends next week, Bloomberg News reported on Thursday.
Walmart Stores Inc has significantly increased the selection of toys in its stores and online for the holiday season, a company executive said on Thursday, and is expanding its toy aisles in certain markets, all to lure shoppers after rival seller Toys R Us went out of business earlier this summer.
U.S. President Donald Trump has told aides he wants to move ahead on a plan to impose tariffs on Chinese imports worth $200 billion next week, Bloomberg News reported, further ratcheting up trade tensions between the world’s two largest economies.
Apple Inc said on Thursday it will host an event on Sept. 12 at the Steve Jobs Theater in the company’s Cupertino, California, campus, where it is widely expected to unveil new iPhone models.
WPP will name its unassuming former digital boss Mark Read as its new chief executive, tasked with turning around the world’s largest advertising group in the wake of Martin Sorrell’s departure, a city source told Reuters.
The S&P 500 and the Dow Jones Industrial Average slipped on Thursday, after four sessions of gains, over concerns about the U.S.-China trade war, but gains in technology stocks helped lift the Nasdaq.
WPP is set to name Mark Read as its new chief executive as early as next week, turning to the leading internal candidate to replace Martin Sorrell at the world’s biggest advertising company, a city source told Reuters.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Thursday said the conglomerate has bought back its own stock for the first time since 2012 and has added a “little” to its already huge stake in Apple Inc .
Gains in U.S. stocks came to a halt on Thursday as concerns rose among investors that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Turkey and Argentina sent those countries’ currencies tumbling.
U.S. consumer spending increased solidly in July, suggesting strong economic growth early in the third quarter, while a measure of underlying inflation hit the Federal Reserve’s 2 percent target for the third time this year.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Thursday said the conglomerate has begun repurchasing its stock for the first time since 2012, and has added a “little” to its already huge stake in Apple Inc .
U.S. stocks dropped on Thursday, after four straight sessions of gains, weighed down by concerns over the U.S.-China trade war, even though gains in technology stocks helped limit losses.
Dollar Tree Inc missed Wall Street expectations for quarterly same-store sales on Thursday as the discount store operator’s Family Dollar business struggled to boost sales in the second quarter, sending its shares down 12 percent.
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