January 30, 2020

U.S. economy misses Trump’s 3% growth target in 2019

The U.S. economy missed the Trump administration’s 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019 as […]
January 30, 2020

Facebook shares hit by slowest growth in years, higher expenses

Shares of Facebook Inc fell 7% on Thursday after the social media giant posted its slowest quarterly growth since its market debut as expenses mount and […]
January 30, 2020

Southwest says disappointed with government audit pointing at safety lapses

Southwest Airlines said on Thursday it was disappointed with a government audit that claimed the U.S. carrier failed to prioritize safety by flying millions of passengers […]
January 30, 2020

Jaguar-Land Rover parent warns of profit hit from coronavirus outbreak

The coronavirus outbreak in China could hit profits at luxury car brands Jaguar and Land Rover, parent Tata Motors said on Thursday, the latest company to […]
January 30, 2020

U.S. regulators propose simpler restrictions around bank fund investments

U.S. banks would be able to take large ownership stakes in venture capital funds under proposed rules unveiled Thursday by the Federal Reserve. Powered by WPeMatico
January 30, 2020

Spirit Aero CFO resigns on accounting irregularity, shares fall 7%

Spirit AeroSystems on Thursday said its chief financial officer had resigned after the company identified some accounting irregularities, adding to the woes of the aero-parts maker […]
January 30, 2020

Turnaround costs push Deutsche Bank to $6 billion loss

Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost of […]
January 30, 2020

Verizon subscriber addition beats estimates on Disney+ boost

Verizon Communications Inc on Thursday added more monthly mobile phone subscribers than expected as it benefited from including the Disney+ streaming service with some of its […]
January 30, 2020

Renault-Nissan can overhaul alliance without ownership change, chairman says

Renault and Nissan can improve their alliance without altering their ownership structure, the chairman of the Franco-Japanese partnership said on Thursday, rolling back a previous push […]
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