July 11, 2019

Oil steadies on dim OPEC demand outlook, pares gains from Gulf of Mexico storm

Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a […]
July 11, 2019

Dow breaches 27,000; healthcare in spotlight after Trump’s decision on rebate

U.S. stocks rose on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks, while healthcare stocks were mixed after […]
July 11, 2019

Apple’s India-made top-end iPhones to hit stores next month: source

Apple Inc’s top-end iPhones, assembled in India by Foxconn’s local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech […]
July 11, 2019

Exclusive: Verizon sought buyers for Yahoo Finance – sources

Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools, […]
July 11, 2019

U.S. underlying inflation stirring; labor market tightening

U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that […]
July 11, 2019

FCA plans electric Fiat 500 for 2020 as moves on from Renault

Fiat Chrysler (FCA) plans to spend 700 million euros ($788 million) to take the Fiat 500 electric as the carmaker moves on from its failed $35 […]
July 11, 2019

Wall Street watchdog to boost transparency about using ‘cooperation’ for penalty reductions

Wall Street’s industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage qualifies for a reduced […]
July 11, 2019

Last Volkswagen Beetle drives into the sunset

Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie […]
July 11, 2019

Dow tops 27,000 as Trump’s decision on rebate boosts healthcare

The Dow Industrials crossed 27,000 points for the first time and the S&P 500 was near record highs on Thursday, lifted by technology and healthcare stocks […]
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