October 17, 2018

U.S. data drags oil lower; dollar up after Fed minutes

Oil prices fell on Wednesday after U.S. crude inventories rose by much more than expected and exports fell, while the dollar added to gains after minutes […]
October 17, 2018

Wall St. falls as investors eye a united hawkish Fed

Wall Street’s major indexes edged lower after a choppy session on Wednesday after the Federal Reserve showed broad agreement on the need to raise borrowing costs […]
October 17, 2018

Corona brewer Constellation’s CEO Rob Sands to step down: WSJ

Corona beer maker Constellation Brands’ Chief Executive Officer Rob Sands will step down in March and be replaced by the company’s President Bill Newlands, the Wall […]
October 17, 2018

Despite Trump criticism, Fed sees need for more rate hikes

Federal Reserve policymakers are largely united on the need to raise borrowing costs further, minutes from their most recent policy meeting show, despite U.S. President Donald […]
October 17, 2018

U.S. Senate panel wants Hyundai, Kia to testify on engine fire reports

The Senate Commerce Committee’s Republican chairman and ranking Democrat said on Wednesday they have asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp […]
October 17, 2018

Express Scripts covers Amgen, Lilly migraine drugs, excludes Teva

Express Scripts Holding Co, one of the largest U.S. prescription benefits managers, will cover new migraine drugs from Eli Lilly and Amgen Inc, but exclude a […]
October 17, 2018

Exclusive: Amazon zooms in on central Mexico for large new warehouse

Amazon.com Inc is scouting for land in central Mexico for a fourth distribution center in the country, sources said, aiming at a bigger slice of the […]
October 17, 2018

Pfizer to cut around 2 percent of jobs through early next year

U.S. drugmaker Pfizer Inc plans to reduce its global headcount by around 2 percent through voluntary retirements and layoffs this year and early next year, as […]
October 17, 2018

Gulfstream expects market growth in 2019 on new business jets: president

Gulfstream Aerospace expects growth in both sales opportunities and deliveries next year, as the U.S. business jet maker brings two new large-cabin corporate planes to market, […]
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