January 17, 2019

Bogle’s legacy: Booming index funds with perhaps too much reach

John “Jack” Bogle, the founder of index investment pioneer Vanguard Group Inc, changed Wall Street by convincing millions to turn away from mutual funds that actively […]
January 17, 2019

Fitch says PG&E’s bankruptcy will not hurt California’s credit rating

Fitch Ratings said on Thursday power company PG&E Corp’s planned bankruptcy will not at this point hurt the credit quality of California. Powered by WPeMatico
January 17, 2019

Nissan to lay off 700 contract workers in Mississippi

Nissan Motor Co Ltd’s U.S. arm said on Thursday it plans to lay off up to 700 contract workers at its Mississippi assembly plant, citing slowing […]
January 17, 2019

Wall Street rises on report of U.S. considering end to China tariffs

U.S. stocks advanced on Thursday as a published report that the United States was considering lifting tariffs on Chinese imports lifted investor sentiment. Powered by WPeMatico
January 17, 2019

Walmart partners with four more grocery delivery companies

Walmart Inc said on Thursday it has partnered with another four companies as part of its goal of offering grocery home delivery in more than 100 […]
January 17, 2019

Hitachi debacle strengthens Franco-Chinese hand in UK nuclear

Hitachi’s decision to freeze its $28 billion nuclear power project in Britain strengthens the hand of France’s EDF and its Chinese partner in talks with the […]
January 17, 2019

U.S. stocks edge up on defense, healthcare gains; pound firms

Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in […]
January 17, 2019

Hedge fund pushes for share buyback at Gulfport to boost stock price

Firefly Value Partners said on Thursday that it wants Gulfport Energy Corp. to buy back $500 million worth of shares, an action the hedge fund argues […]
January 17, 2019

Before start of new oil pact, OPEC made progress averting glut

OPEC cut oil output sharply in December before a new accord to limit supply took effect, it said on Thursday, suggesting that producers have made a […]
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