March 6, 2019

Wall Street opens flat amid lack of catalysts

U.S. stocks opened flat on Wednesday in the absence of fresh developments on trade, with investors taking a step back after a strong run in equities […]
March 6, 2019

Exxon Mobil sees 2020 capex rising by up to 16 percent

Exxon Mobil Corp said on Wednesday it plans to open its wallet and increase capital spending by 10 percent to 16 percent next year, as the […]
March 6, 2019

U.S. trade deficit hits 10-year high in 2018 on record imports

The U.S. trade deficit surged to a 10-year high in 2018, with the politically sensitive shortfall with China hitting a record peak, despite the Trump administration […]
March 6, 2019

Abercrombie predicts strong 2019 sales, shares surge

Abercrombie & Fitch predicted annual sales above Wall Street forecasts on Wednesday, as new store designs and a broader selection of apparel resonate better with shoppers. […]
March 6, 2019

House to hold hearing on Sprint, T-mobile proposed merger

U.S. House lawmakers plan to hold a March 12 hearing to review a proposed $26 billion merger of T-Mobile US Inc and Sprint Corp with the […]
March 6, 2019

Daimler, BMW autonomous alliance seeks to define self-driving rules

Daimler and BMW are teaming up to develop autonomous driving technology to cut costs and set an industry standard that can help to shape future regulation […]
March 6, 2019

Czech cyber watchdog says its Huawei warning took U.S. by surprise

The Czech cyber-security watchdog was not pressured by the United States or anyone else into issuing its warning about the possible security risks posed by Chinese […]
March 6, 2019

Bristol-Myers tells opponents Celgene deal is ‘best path’

Bristol-Myers Squibb urged shareholders on Wednesday to support its planned $74 billion takeover of Celgene Corp, as it faces opposition from two large investors to what […]
March 6, 2019

‘We need it now’: U.S. farm country pins hopes on China trade deal

Corn and soybean farmer Lorenda Overman from North Carolina has been selling her crops at a loss and delaying paychecks to her workers since the U.S. […]
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