October 15, 2019

Big banks say U.S. consumers sturdy as businesses quiver with growth fears

Quarterly results from four of the largest U.S. banks on Tuesday showed that American consumers are helping to prop up the economy, even as recession fears […]
October 15, 2019

Fidelity reviewing ties with Ken Fisher after ‘inappropriate’ comments

Fidelity Investments said on Tuesday it is reviewing its relationship with Ken Fisher after the investment firm leader made “highly inappropriate comments” at a conference last […]
October 15, 2019

Despite political headwinds, Huawei wins 5G customers in Europe

China’s Huawei may be facing closer official scrutiny in Europe amid U.S. allegations that it poses a security threat, but mobile operators in the region are […]
October 15, 2019

New Pratt engine checks after Swiss A220 diverts to Paris

Pratt & Whitney recommended checks on engines on Airbus A220 aircraft and some Embraer jets after a Geneva-bound Swiss jet diverted to Paris with an engine […]
October 15, 2019

GM CEO Barra at bargaining table for talks with UAW: sources

General Motors Co Chief Executive Mary Barra and President Mark Reuss took part in contract talks with the United Auto Workers union on Tuesday in a […]
October 15, 2019

Wall Street rises after upbeat start to earnings season

Wall Street was off to a strong start on Tuesday as upbeat earnings reports from JPMorgan Chase, UnitedHealth and Johnson & Johnson allayed concerns about the […]
October 15, 2019

Intel buys software business from Canada’s Pivot Technology in 5G push

Intel Corp has agreed to purchase a software business from Toronto-based Pivot Technology Solutions Inc for $27 million, the U.S. chipmaker said on Tuesday. Powered by […]
October 15, 2019

HSBC taps Lazard to sell French retail business: source

HSBC Holdings has hired U.S. investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of […]
October 15, 2019

Phase-out of Airbus, Boeing jets hits FACC’s operating profit

Plane parts maker FACC’s operating profit fell 6% in the second quarter as it produced fewer components for the Airbus A380 and Boeing 737NG jets being […]
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