June 5, 2019

Global stocks climb, short-dated Treasury yields dip on bets for U.S. rate cut

Major world stock markets rose and short-dated U.S. Treasury yields fell on Wednesday as investors bet that the U.S. Federal Reserve would cut interest rates and […]
June 5, 2019

U.S. cruise operators to stop sailing to Cuba; travelers vent anger online

Major U.S. cruise operators said on Wednesday they will no longer sail to Cuba following the Trump administration’s ban on travel to the Caribbean island, angering […]
June 5, 2019

Wall St. climbs as weak private jobs data boost rate cut hopes

Wall Street’s major indexes rose on Wednesday as investors bet on a Federal Reserve interest rate cut after weak private sector jobs data and hopes grew […]
June 5, 2019

FCA, France reach tentative agreement on Renault merger: sources

Fiat Chrysler Automobiles NV has reached a tentative agreement with France on the terms of its proposed merger with Renault, two sources told Reuters, as the […]
June 5, 2019

Explainer: U.S.-China trade war – the levers they can pull

The escalating trade war between the United States and China has gone beyond tariffs as the countries increase pressure on each other to cede ground. Powered […]
June 5, 2019

Bernie Sanders accuses Walmart of paying ‘starvation wages’

Democratic U.S. presidential hopeful Bernie Sanders on Wednesday told Walmart Inc shareholders and top executives that the world’s largest retailer should boost the “starvation”-level wages it […]
June 5, 2019

Wall St. gains as weak private jobs data raises rate cut bets

U.S. stocks rose on Wednesday as expectations of an interest rate cut by the Federal Reserve were boosted by weak private sector jobs growth and on […]
June 5, 2019

U.S. SEC adopts rules to prevent broker conflicts, boost disclosure

The U.S. Securities and Exchange Commission (SEC) on Wednesday voted to adopt a package of rules requiring brokerage firms to disclose potential conflicts in the fees […]
June 5, 2019

Exclusive: GM CEO defends plan to sell Ohio plant to startup

General Motors Chief Executive Mary Barra on Wednesday defended the automaker’s plan to sell an assembly plant in Ohio, arguing the plan to sell the plant […]
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