November 12, 2019

Homebuilder Horton sees 2020 home sales above estimates, shares rise

D.R. Horton Inc topped expectations for profit and revenue in the fourth quarter and forecast 2020 home sales above analysts’ estimates, as cheaper mortgage rates buoyed […]
November 12, 2019

Tyson Foods earnings miss forecasts as slaughterhouse fire hurts beef sales

Tyson Foods Inc fell short of Wall Street estimates for quarterly revenue and profit on Tuesday after a fire at a Kansas slaughterhouse hurt sales volumes […]
November 12, 2019

Global stocks climb, investors seek enlightenment from Trump on trade

World shares and benchmark government bond yields inched higher on Tuesday, as investors awaited a speech by U.S. President Donald Trump on U.S. trade policy and […]
November 12, 2019

Warren proposes ‘corporate perjury’ law related to industry-funded research

U.S. Senator Elizabeth Warren on Tuesday proposed a new “corporate perjury” law that she would pursue if elected to the White House, inspired by Exxon Mobil […]
November 12, 2019

Juul to cut $1 billion in costs as new CEO aims for reboot

Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to […]
November 12, 2019

German prosecutors indict current and former Volkswagen managers

German prosecutors on Tuesday filed charges against a current Volkswagen manager as well as a former manager and two former board members, accusing them of a […]
November 12, 2019

Huawei to give staff $286 million bonus for helping it ride out U.S. curbs

Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it […]
November 12, 2019

Nissan reports 70% second quarter profit slump, slashes full-year outlook

Nissan Motor Co Ltd reported a 70% profit tumble on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker continued to […]
November 12, 2019

L’Oreal, Nestle score big at Alibaba’s Singles’ Day shopping fest

Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world’s largest shopping festival, with brands such as L’Oreal and Nestle among […]
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