December 19, 2019

U.S. labor market on solid ground; mid-Atlantic factories sputter

The number of Americans filing applications for unemployment benefits dropped from a more than two-year high last week, pointing to sustained labor market strength that should […]
December 19, 2019

Citi, ValueAct Capital extend information sharing, engagement agreement through 2021

Citi Group and hedge fund ValueAct Capital said on Thursday they would extend an existing information-sharing agreement for another two years through the end of 2021. […]
December 19, 2019

Wall Street edges higher after jobless data; markets shrug off impeachment

U.S. stocks opened slightly higher on Thursday as data showed a dip in weekly jobless claims, while investors looked past the impeachment of President Donald Trump, […]
December 19, 2019

U.S. weekly jobless claims fall; mid-Atlantic factory activity almost stalls

The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength. Powered by […]
December 19, 2019

GM issues two recalls for more than 900,000 new vehicles

General Motors Co said Thursday it is issuing recalls for more than 900,000 vehicles worldwide in two separate campaigns to address brake software and fire risks. […]
December 19, 2019

Exclusive: Ant Financial takes stake in Vietnam’s eMonkey: sources

China’s Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd , has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people […]
December 19, 2019

Volkswagen brand to post record profit on SUVs, cost cuts: executive

Volkswagen’s namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility […]
December 19, 2019

German court bans Uber services via rental cars in Germany

A German court has banned Uber services in Germany arguing the U.S. ride hailing company lacks a necessary licence to offer passenger transport services using rental […]
December 19, 2019

Oil hovers near three-month highs on trade progress, lower inventories

Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China. Powered by […]
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