October 30, 2019

U.S. nears 1MDB recovery deal with Malaysian fugitive Jho Low: Bloomberg

The U.S. Justice Department is close to a deal with fugitive financier Jho Low to recover almost a billion dollars that was misappropriated from Malaysian investment […]
October 30, 2019

Fed expected to cut rates, but resilient economy may signal pause ahead

The Federal Reserve is expected to reduce interest rates on Wednesday, but new data showing resilient U.S. economic growth may make that rate cut the last […]
October 30, 2019

Fiat Chrysler and Peugeot in talks over potential $50 billion tie-up

Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one […]
October 30, 2019

Fiat Chrysler calls board meeting on Peugeot tie-up: sources

Italy’s Fiat Chrysler has called a board meeting for late Wednesday to discuss a possible tie-up with French rival Peugeot , two sources familiar with the […]
October 30, 2019

Pizza Hut, GrubHub troubles dent Yum profits; shares fall

Yum Brands Inc missed earnings expectations, largely hit by a write down in the value of its investment in delivery company GrubHub and warned of sagging […]
October 30, 2019

GE posts loss; raises cash forecast, beats on adjusted EPS

General Electric Co on Wednesday posted a $1.3 billion loss in the third quarter, and said revenue was flat as it struggles to restore growth and […]
October 30, 2019

Stock futures flat as earnings pour in; Fed decision looms

U.S. stock index futures were little changed on Wednesday as investors digested a fresh batch of earnings reports ahead of a widely expected interest rate cut […]
October 30, 2019

Yum misses profit estimates as GrubHub stake bites; shares fall

Pizza Hut and KFC parent Yum Brands Inc reported quarterly profit below market expectations on Wednesday, hurt by poor performance at GrubHub Inc , the food […]
October 30, 2019

Apple CEO’s handling of trade war has helped buoy shares, investors say

When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of […]
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