December 30, 2018

Fed Chair Powell’s unscripted approach sets up for rocky 2019

Jerome Powell had a bumpy first year as Federal Reserve chairman when it came to talking policy, by turns spooking and comforting investors even as economic […]
December 30, 2018

Deutsche Bank is strong, has no need for state aid, merger” chairman

Deutsche Bank is strong and its turnaround strategy is bearing fruit, Chairman Paul Achleitner said, ruling out the need for state aid and playing down speculation […]
December 29, 2018

Defensive stocks top 2019 playbooks

Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of year-ahead investment recommendations each December, are emerging as top picks […]
December 29, 2018

Trump says ‘big progress’ on possible China trade deal

U.S. President Donald Trump said on Twitter on Saturday that he had a “long and very good call” with Chinese President Xi Jinping and that a […]
December 29, 2018

Sears Chair Lampert makes $4.4 billion bid to keep retailer alive

Sears Holdings Corp Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation and laying […]
December 28, 2018

Sears Chair Lampert makes bid to keep retailer alive: sources

Sears Holdings Corp Chairman Eddie Lampert has submitted a roughly $4.6 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation […]
December 28, 2018

Wall Street rally pauses, but stocks mint weekly gain

The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains for the first time in December following a […]
December 28, 2018

Is China buying U.S. soy? Washington shutdown keeps traders guessing

Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues […]
December 28, 2018

Tesla names close Musk friend Larry Ellison to board

Tesla Inc on Friday named Oracle Corp co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon Musk, to its board to provide […]
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