Business & Finance News
LONDON (Reuters) – Uber was granted a new, shorter, license to operate in London on Tuesday after a judge said it had made the changes required to be deemed fit and proper, after its earlier application was denied last year.
(Reuters) – U.S. stocks edged higher on Tuesday, with General Electric and technology stocks helping Wall Street recoup some losses from a day earlier on escalating global trade tensions.
(Reuters) – General Electric Co said on Tuesday it will spin off its healthcare business and divest its stake in oil-services firm Baker Hughes, effectively breaking up the 126-year-old conglomerate which was once the most valuable U.S. corporation and a global symbol of American business power.
WASHINGTON (Reuters) – U.S consumer confidence ebbed in June, with households a bit pessimistic about their short-term income prospects, potentially signaling a slowdown in economic activity later this year.
NEW YORK (Reuters) – A credit ratings analyst for Standard & Poor’s and two other defendants were criminally charged by U.S. prosecutors on Tuesday with insider trading related to Sherwin-Williams Co’s $9.3 billion purchase of Valspar Corp.
CANNES, France (Reuters) – Paid to have their finger on the consumer’s pulse, the Mad Men of advertising are under mounting pressure from clients to adapt to a fast-changing digital age where simply shifting marketing dollars online from old media no longer cuts it as a strategy.
WASHINGTON (Reuters) – The administration of President Donald Trump wants to help allies and trade partners replicate the U.S. natural gas and oil production boom by exporting American know-how, U.S. Energy Secretary Rick Perry said on Tuesday, even as trade disputes intensified.
(Reuters) – U.S. stocks rose on Tuesday, with gains for General Electric and technology stocks helping Wall Street recoup some losses from a day earlier on escalating global trade tensions.
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Tuesday charged three people with insider trading ahead of Sherwin-Williams Co’s March 2016 announcement that it had agreed to buy Valspar Corp.
WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday threatened motorcycle maker Harley-Davidson Inc with higher taxes and said their business would suffer in a public backlash over its decision to move production for European customers overseas.
(Reuters) – U.S. stocks opened higher on Tuesday, with tech stocks leading a turnaround, a day after the S&P 500 posted its steepest one-day loss since early April on fears of a spiraling trade dispute between the United States and other major economies.
DETROIT (Reuters) – U.S. auto sales in June likely rose 2.5 percent from the same month in 2017 as consumers continued to prefer expensive pickup trucks, SUVs and crossovers over passenger cars although discounts on new vehicles remain high, industry consultants J.D. Power and LMC Automotive said on Tuesday.
LONDON (LPC) – Blackstone has launched a $5.5 billion bridge loan to support the pending bond issuance for its acquisition of a majority stake in Thomson Reuters’ Financial and Risk division (F&R), which is expected to complete later this year.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday the government was completing a study about increasing import tariffs on cars from the European Union and suggested he would take action soon.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday the U.S. government was completing a study about increasing import tariffs on cars from the European Union and suggested it would take action soon.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
