September 19, 2018

Alibaba’s Jack Ma says can’t meet promise to create 1 million U.S. jobs: Xinhua

Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to U.S.-China trade tensions, […]
September 19, 2018

Trump intends to nominate ex-Fed economist Liang for Fed board seat: White House

U.S. President Donald Trump intends to nominate former Federal Reserve economist Nellie Liang to the U.S. central bank’s board of governors, the White House said on […]
September 19, 2018

Canada PM urges some U.S. flexibility in NAFTA, talks seen slow

Canadian Prime Minister Justin Trudeau said on Wednesday he wanted to see flexibility from the United States if the two sides are to reach a deal […]
September 19, 2018

British American Tobacco has candidate to replace retiring chief exec

British American Tobacco Plc said on Wednesday its board has identified a lead candidate to succeed Chief Executive Nicandro Durante, who has said he intends to […]
September 19, 2018

What sector overhaul means for tech stocks, Wall Street

The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been […]
September 19, 2018

S&P 500, Dow up as rising treasury yields boost banks

The S&P 500 and the Dow Jones industrial average rose on Wednesday, with the Dow hitting its highest closing level since late January as rising Treasury […]
September 19, 2018

Nike’s Kaepernick ad spurs spike in sold out items

Nike Inc has sold out 61 percent more merchandise since the controversial ad campaign featuring former NFL player Colin Kaepernick appeared earlier this month, according to […]
September 19, 2018

Bank of America to pay $30 million ‘manipulation’ penalty: CFTC

U.S. regulators ordered Bank of America on Wednesday to pay a $30 million civil penalty for what it called attempted manipulation of the swaps and derivatives […]
September 19, 2018

Banks lift S&P, Dow; Nasdaq weighed by Microsoft

The S&P 500 and the Dow Jones Industrials Average rose on Wednesday, helped by upbeat housing data and a gain for bank stocks driven by rising […]
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