October 23, 2018

For Fed, sell-off could point to fading Trump stimulus

A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central […]
October 23, 2018

Union Pacific to cut 475 jobs in first wave of planned reductions

Railroad operator Union Pacific Corp said on Tuesday it would cut 475 jobs in the fourth quarter and signaled more workforce reductions to come as it […]
October 23, 2018

Saudi crown prince proclaims investment conference despite boycott

Saudi Arabia’s crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal […]
October 23, 2018

DoJ probing AmEx’s foreign exchange international payments unit

American Express Co has received subpoenas from the U.S. Department of Justice and inquiries from other federal agencies related to its foreign exchange international payments business, […]
October 23, 2018

Tariffs begin to take bite out of U.S. corporate earnings growth

U.S. company earnings growth is slowing after a bumper start to the year, and the reality of an escalating trade war between two of the world’s […]
October 23, 2018

Target expands delivery, pickup options ahead of U.S. holiday season

Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for […]
October 23, 2018

Texas Instruments forecasts lower-than-expected profit, shares fall

Texas Instruments Inc posted smaller-than-expected quarterly revenue on Tuesday and forecast current quarter sales and profit below analysts’ estimates as the chipmaker wrestled with slowing demand […]
October 23, 2018

Wall St. ends down while oil tumbles on demand worries

Wall Street indexes fell in Tuesday’s volatile session though they had pared losses sharply by the closing bell as investors looked for bargains, but oil dropped […]
October 23, 2018

SoftBank’s Son cancels Saudi conference speech: sources

SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the […]
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