August 22, 2018

Lowe’s new chief shuts Orchard stores, promises streamlining

Lowe’s Cos Inc on Wednesday promised to cut back slow-moving products and unsuccessful business projects as new Chief Executive Marvin Ellison seeks to turn around a […]
August 22, 2018

S&P 500 bull market now arguably the oldest ever

The S&P 500’s bull market turned 3,453 days old on Wednesday, making it the longest such streak in history, according to some investors’ definition. Powered by […]
August 22, 2018

Trump, trade, Fed take sheen off S&P’s longest bull run

The S&P 500 marked its longest bull-market run with a dip on Wednesday as President Donald Trump’s political position was threatened by the legal woes of […]
August 22, 2018

Nike stores closed in South Africa amid outcry over racist web post

Some Nike stores were closed in South Africa on Wednesday after public outcry over a racist comment by a man that local media said had links […]
August 22, 2018

U.S. job gains in year through March likely to be revised up by 43,000

The U.S. economy likely created 43,000 more jobs in the 12 months through March than previously estimated, the Labor Department said on Wednesday. Powered by WPeMatico
August 22, 2018

Target’s second-quarter profit, sales top estimates, shares soar

Target Corp reported quarterly sales and profit that beat estimates as a strong economy lifted customer visits to the most in a decade, sending its shares […]
August 22, 2018

Target’s second-quarter sales jump, customer traffic grows most in a decade

Target Corp’s second quarter sales and profit beat estimates on Wednesday, sending its shares up 4 percent in premarket trade, helped by strong online sales and […]
August 22, 2018

Chinese traders ditch cheap U.S. coal for domestic supply as tariffs loom

Some Chinese coal traders handling U.S. imports have begun sourcing future supplies domestically, people with knowledge of the matter said, as they await delivery of the […]
August 22, 2018

U.S., China to resume trade talks in Washington amid low expectations

U.S. and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by U.S. President Donald Trump that there […]
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