September 17, 2018

FedEx quarterly profit misses Wall Street estimate

FedEx Corp reported quarterly profit that missed Wall Street estimates on Monday, as employee compensation and other expenses weighed on margins. Powered by WPeMatico
September 17, 2018

Wall Street slides ahead of Trump tariff announcement

U.S. stocks fell on Monday, led by declines in technology and consumer discretionary stocks as investors looked to President Donald Trump’s announcement regarding tariffs on $200 […]
September 17, 2018

Goldman names Tim O’Neill as vice-chairman: memo

Goldman Sachs Group Inc named Tim O’Neill as its vice-chairman, according to an internal memo seen by Reuters, the latest top-level appointment ahead of David Solomon […]
September 17, 2018

Hearings in Volkswagen investor lawsuit on hold until end-November

Investors suing Volkswagen for billions in compensation from the hit to the carmaker’s share price from its diesel emissions scandal will have to wait until end-November […]
September 17, 2018

Qualcomm, Apple kick off second trial seeking iPhone import ban

A second trial between Apple Inc and Qualcomm Inc before the U.S. International Trade Commission began Monday in Washington, D.C., with the iPhone maker squaring off […]
September 17, 2018

UPS to hire about 100,000 workers for holiday season

United Parcel Service Inc would hire about 100,000 temporary employees for the crucial holiday season beginning in November, the U.S. package delivery company said on Monday. […]
September 17, 2018

Saudi’s PIF invests over $1 billion in electric carmaker Lucid Motors

Saudi Arabia’s Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles. […]
September 17, 2018

DowDuPont CEO Breen takes executive chair role in new DuPont

DowDuPont Chief Executive Edward Breen will oversee the specialty-products unit that carries most of the company’s legacy DuPont operations after the chemicals major splits back into […]
September 17, 2018

Wall Street dragged by Apple, Amazon, fears of fresh tariffs

U.S. stock markets were lower on Monday as technology names such as Apple and Amazon.com fell, bearing the brunt of expectations President Trump will make good […]
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