Business & Finance News
SEATTLE (Reuters) – Three of the largest engine makers face a Wednesday deadline to provide Boeing Co with formal proposals for how they would power the planemaker’s possible new mid-market jet, an aviation magazine reported.
(Reuters) – A mini rally in U.S. stocks, sparked by a U.S. move to ease its stance on curbing Chinese investments in American technologies, ran out of steam in afternoon trading on Wednesday, but a jump in oil prices helped prop markets.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he will use a strengthened national security review process to thwart Chinese acquisitions of sensitive American technologies, a softer approach than imposing China-specific investment restrictions.
(Reuters) – Lyft Inc said on Wednesday it raised $600 million in a new funding round led by Fidelity Management, doubling the ride-hailing firm’s valuation to $15.1 billion in little over a year.
(Reuters) – Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the fast-growing snack and frozen food markets amid fierce competition in the packaged food industry.
(Reuters) – Truck maker Volvo AB and package delivery company FedEx Corp said on Wednesday they have begun public U.S. testing of “platooning” technology, which allows digitally-connected semi trucks to save fuel by driving closely together in convoy, on a highway in North Carolina.
NEW YORK (Reuters) – The rise of a key U.S. overnight interest rate has raised speculation that higher bank borrowing costs will force the Federal Reserve to stop shrinking its balance sheet sooner than planned.
WASHINGTON (Reuters) – Walt Disney Co has won U.S. antitrust approval to buy most of Twenty-First Century Fox Inc’s assets for $71.3 billion on the condition that it sell 22 regional sports networks, the Justice Department said on Wednesday.
WASHINGTON (Reuters) – New orders for U.S.-made capital goods and shipments unexpectedly fell in May, but upward revisions to data for the prior month pointed to moderate growth in business spending on equipment in the second quarter.
(Reuters) – U.S. stocks rose on Wednesday after the Trump administration eased its stance on curbing Chinese investments in American technologies and as oil prices surged.
WASHINGTON (Reuters) – The U.S. Justice Department is set to grant antitrust approval for Walt Disney Co to acquire most of Twenty-First Century Fox Inc’s assets as early as Wednesday, a source familiar with the matter said.
(Reuters) – Cheerios cereal maker General Mills Inc said on Wednesday it would cut 625 jobs as it looks to reduce costs in the wake of slowing sales of its Yoplait yogurt, as well as rising commodity and freight expenses.
(Reuters) – Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the snack and frozen food markets amid fierce competition in the packaged food industry.
(Reuters) – U.S. stocks rose on Wednesday after the Trump administration said it would use a strengthened security review process to deal with threats from Chinese investments in domestic technologies, instead of imposing China-specific restrictions.
(Reuters) – U.S. stocks opened higher on Wednesday after the Trump administration said it would use a strengthened security review process to deal with threats from Chinese investments in domestic technologies, instead of imposing China-specific restrictions.
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