April 18, 2019

Explainer: Betting on the past? Europe decides on connected car standards

The European Commission’s push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany’s Volkswagen, although competitor […]
April 18, 2019

U.S. retail sales, labor market data paint upbeat economic picture

U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the […]
April 18, 2019

Wall Street edges higher on industrial gains; healthcare drags again

U.S. stocks eked out gains in volatile trading on Thursday, ahead of a long Easter weekend, as strong results from industrials countered another drop in healthcare […]
April 18, 2019

Exclusive: New U.S. consumer watchdog chief to continue review of complaints database, fair lending

The new director of the Consumer Financial Protection Bureau will continue with reviews, begun by her predecessor, of its public complaints database and how the agency […]
April 18, 2019

U.S. pilot program allows online grocery shopping with food stamps

The U.S. Department of Agriculture on Thursday said it has launched a pilot program in New York that allows consumers dependant on food stamps to use […]
April 18, 2019

McDonald’s pulls Signature Crafted burgers, doubles down on Quarter Pounders

McDonald’s Corp said it would remove costlier, premium burgers from its menus in favor of its more popular Quarter Pounders, shifting its focus to simpler and […]
April 18, 2019

Schlumberger posts profit drop, sees international spending rising

Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due […]
April 18, 2019

U.S. wins WTO ruling against China grain import quotas

The United States won a World Trade Organization (WTO) ruling on Thursday against China’s use of tariff-rate quotas for imported rice, wheat and corn, which it […]
April 18, 2019

Airbus sells longer-range A321, expects quick end to Boeing crisis

Airbus sales chief Christian Scherer said it is selling longer-range versions of its A321, while signaling a shift away from chasing market share at any cost […]
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