November 20, 2018

Renault names Ghosn stand-ins amid tension over Nissan probe

French carmaker Renault tapped its chief operating officer and a senior board member to fill in for embattled boss Carlos Ghosn, after an investigation by alliance […]
November 20, 2018

Canada’s Bombardier leads bids for 999-car New Jersey rail deal: sources

Canada’s Bombardier Inc is the front-runner to win a New Jersey Transit (NJT) rail car contract, two sources familiar with the matter said, in a boost […]
November 20, 2018

DoubleLine’s Gundlach: Now is the time for capital preservation

Jeffrey Gundlach, who runs DoubleLine Capital, said on Tuesday that investors should focus on capital preservation and avoid corporate bonds and Treasuries as inflationary pressures intensify. […]
November 20, 2018

Exclusive: Chevron granted waiver from U.S. biofuel laws at Utah plant – source

The U.S. Environmental Protection Agency granted oil major Chevron Corp a 2017 hardship waiver from U.S. biofuel laws for its Utah refinery earlier this year, according […]
November 20, 2018

World stocks, oil plunge as global growth prospects dim

World equity markets and oil prices tumbled on Tuesday as worries over economic growth prospects prompted investors to retreat to safe-haven currencies and U.S. Treasuries. Powered […]
November 20, 2018

U.S. banking sector reports $62 billion profit in third quarter: FDIC

The U.S. banking sector reported $62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, according to quarterly […]
November 20, 2018

France urges Renault to replace Ghosn, Nissan alliance faces strain

France urged Renault on Tuesday to replace CEO Carlos Ghosn after his arrest in Japan on financial misconduct allegations, which sources said formed part of an […]
November 20, 2018

Renault taps interim chairman, COO to replace Ghosn: sources

French carmaker Renault’s board named an interim chairman and handed new powers to its chief operating officer to replace embattled boss Carlos Ghosn following his arrest […]
November 20, 2018

Target shares tumble after profit miss, big jump in inventories

Target Corp said on Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages in a tight labor market and price cuts […]
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