October 10, 2018

U.S. stock index futures down as trading resumes

U.S. stock index futures were down slightly late Wednesday after they resumed trading for the overnight session. Powered by WPeMatico
October 10, 2018

James Murdoch in line to replace Musk as Tesla chairman: FT

Outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc chairman, the Financial Times reported on […]
October 10, 2018

Pentagon says memo asking for Broadcom-CA deal review is likely fake

The U.S. Department of Defense said on Wednesday that a memo purporting to show the Pentagon asking for a national security review of chipmaker Broadcom Inc’s […]
October 10, 2018

Tech, luxury goods lead Wall Street slide

U.S. stock indexes dived around 1 percent on Wednesday as worries over China and the impact of rising Treasury yields on global growth drove falls in […]
October 10, 2018

Justice Department expected to approve CVS deal for Aetna as soon as Wednesday: source

The U.S. Justice Department is expected to approve drug retailer CVS Health Corp’s deal to buy health insurer Aetna Inc as soon as Wednesday, a source […]
October 10, 2018

Sears preparing to file for bankruptcy as early as Friday: sources

Sears Holdings Corp is preparing to file for Chapter 11 bankruptcy protection as early as Friday, sources said on Wednesday, casting doubt over the future of […]
October 10, 2018

U.S. bond yields near seven-year high stymie world stocks’ recovery

World stocks flatlined on Wednesday just above eight-week lows, curbed by U.S. long-dated borrowing costs near multi-year peaks, renewed fears for the global economy and the […]
October 10, 2018

U.S., European regulators investigating Google glitch

At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc’s Google that may have exposed private profile data […]
October 10, 2018

Exclusive: German government cuts growth forecasts for 2018 and 2019 – document

The German government has cut its forecasts for growth this year and next in Europe’s largest economy and sees an escalation in the global trade dispute […]
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