June 20, 2019

Oil jumps 5% on Iran tension, potential U.S. fed rate cut

Oil soared more than 5% on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington. Powered […]
June 20, 2019

Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business – sources

Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, […]
June 20, 2019

Sparkly unicorn ice cream: Kroger’s bid to win grocery wars

Kroger Co has room to improve on sales and is looking to its Deluxe Unicorn Swirl ice cream and other store-brand products to boost growth, Chief […]
June 20, 2019

Slack stock surges at debut, values company at more than $25 billion

Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at […]
June 20, 2019

Factbox: What is Slack?

Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, went public via a direct listing on June 20, instead of the more popular […]
June 20, 2019

Apple says U.S. tariffs on China to hurt global competitiveness

Apple Inc said proposed U.S. tariffs on goods from China, including iPhones, iPads, and Macs, will reduce the company’s contributions to the U.S. economy and hurt […]
June 20, 2019

Goldman slashes Tesla price target by $42 on demand concerns

Goldman Sachs on Thursday cut its price target on Tesla Inc by 21%, to third lowest on the Street, on concerns about the sustainability of demand […]
June 20, 2019

S&P 500 hits all-time high as Fed signals rate cuts

The S&P 500 index hit a record high on Thursday, after the Federal Reserve indicated that it could cut interest rates as soon as next month […]
June 20, 2019

Renault will vote to back Nissan’s move to give it boardroom seats

French carmaker Renault, which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favor of a move by Nissan to […]
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