April 23, 2019

World stocks rally, near U.S. record highs, oil gains

Global equity markets rallied on Tuesday as the U.S. Nasdaq and S&P 500 stock indexes marched toward record highs, while European energy shares posted their biggest […]
April 23, 2019

Trump’s policies lift Lockheed Martin’s profit, shares surge

Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday as U.S. President Donald Trump’s looser policies on foreign arms sales boosted demand for missiles and fighter […]
April 23, 2019

Lyft’s IPO banks give troubled stock a flurry of ‘buy’ ratings

Lyft Inc received some badly needed support on Tuesday, as analysts at banks that had worked on its initial public offering urged clients to buy the […]
April 23, 2019

P&G operating margin, grooming product sales dip on strong dollar; shares drop

Procter & Gamble Co reported a decline in its third-quarter operating margin on Tuesday and said a strong U.S. dollar hurt sales of its grooming products, […]
April 23, 2019

U.S. making a mistake politicizing oil: Iran oil minister

The United States has made a bad mistake by politicizing oil and using it as a weapon, Iran’s Oil Minister Bijan Zanganeh said in a parliamentary […]
April 23, 2019

White House’s Kudlow says end to Iran oil waivers won’t hike prices

President Donald Trump’s decision to end all waivers that allowed importers of oil from Iran to avoid economic sanctions will not result in higher oil prices, […]
April 23, 2019

Lucid Motors names former Tesla Model S chief engineer as CEO

Electric carmaker Lucid Motors on Tuesday named Peter Rawlinson, former chief engineer of Tesla Inc’s Model S, as its chief executive officer, effective immediately. Powered by […]
April 23, 2019

U.S. new home sales hit one-and-a-half-year high on lower mortgages, prices

Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. Powered by WPeMatico
April 23, 2019

Fed proposes blueprint for bank-controlling companies

The U.S. Federal Reserve on Tuesday proposed a framework for determining when a company has taken control of a bank and must face more rigorous oversight […]
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