February 13, 2019

Wall Street advances on trade hopes, tame inflation data

Wall Street closed higher on Wednesday as investor optimism was stoked over hopes the United States and China could iron out a trade deal, and benign […]
February 13, 2019

T-Mobile, Sprint executives face skeptical House panel

Executives from T-Mobile US Inc and Sprint Corp faced tough questions from lawmakers on Wednesday about how the companies’ planned merger would affect prices and jobs, […]
February 13, 2019

Cities shunned by Amazon revive hopes for HQ given New York opposition

Cities that were shunned in Amazon.com Inc’s search for a secondary corporate headquarters are revisiting their bids in case one of the actual winners, New York […]
February 13, 2019

Apple aims for April launch of TV service with CBS, Viacom and Starz

Apple Inc is targeting an April event to introduce a streaming television service that will likely include subscription TV services from CBS Corp, Viacom Inc and […]
February 13, 2019

AIG swings to loss, hit by catastrophes and volatile market

American International Group Inc on Wednesday reported a quarterly loss as the insurer was hit with catastrophe losses and made a lower return on investments in […]
February 13, 2019

Democratic lawmakers say U.S. military action in Venezuela ‘not an option’

Democratic lawmakers on Wednesday said Congress would oppose U.S. military intervention in Venezuela and challenged the credibility of President Donald Trump’s special envoy, Elliott Abrams, over […]
February 13, 2019

Oil gains on Saudi output cuts; rally limited by U.S. output

Oil prices rose almost 2 percent on Wednesday after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to […]
February 13, 2019

U.S. posts another budget deficit as tax revenues sag

The U.S. federal government ran a $14 billion budget deficit in December as revenues sagged following last year’s tax cuts even as the economy appeared strong, […]
February 13, 2019

‘So far, so good,’ Mnuchin says of trade talks in China

U.S. Treasury Secretary Steven Mnuchin said trade talks with China went well on Wednesday, as the world’s two largest economies try to iron out an agreement […]
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