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 […]
August 22, 2018

Linde says Praxair merger hits antitrust hurdle, talks continue

Linde said divestments needed to secure regulatory approval for its planned tie-up with Praxair have reached a size that would allow either party to abandon the […]
August 22, 2018

In Kenmore sale, Sears’ pension liabilities come back to bite

Sears Holdings Corp is facing a familiar foe in its bid to sell off the Kenmore appliances brand: the U.S. government body that oversees the pensions […]
August 22, 2018

Deal-hungry investment bankers walk Tesla tightrope

Tesla Inc Chief Executive Elon Musk’s contemplated $72 billion take-private deal is presenting investments bankers with a dilemma: heed concerns about how feasible it is or […]
August 22, 2018

Two U.S. airlines cut China routes as state-backed rivals turn up heat

Two U.S. airlines on Tuesday cut routes between China and the United States, underscoring increasingly tough competition from state-backed Chinese rivals as they aggressively expand their […]
August 22, 2018

Most Asian shares edge up after Wall St. gains, but China down

Asian stocks eked out gains on Wednesday, with sentiment boosted by Wall Street’s rise and a record intraday high for the S&P 500 index on Tuesday, […]
August 22, 2018

Asian shares flat as drop in S&P 500 futures weighs

Asian stocks were flat in early trade on Wednesday after Wall Street ended higher, with the S&P 500 index touching a record high on Tuesday, and […]
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