November 1, 2018

Insurer AIG’s quarterly loss narrows on reinsurance benefit

American International Group Inc reported a smaller quarterly loss on Wednesday as reinsurance pacts helped offset steep catastrophe losses in Japan and North America. Powered by […]
October 31, 2018

VW and Ford in talks on self-driving and electric vehicles: source

Volkswagen AG and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the […]
October 31, 2018

Wall Street ends last day of haunted October in the black

U.S. stocks rebounded for a second day on Wednesday as investors snapped up beaten-down technology and internet favorites and strong company results lifted spirits even as […]
October 31, 2018

Federal Reserve unveils proposal to ease regulations for larger banks

The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the […]
October 31, 2018

Tech resurgence, earnings lift mood at end of brutal month

U.S. stocks rose for a second day on Wednesday, as investors snapped up beaten-down technology favorites and strong results for General Motors and a host of […]
October 31, 2018

Robust earnings boost equity markets after brutal month

Robust corporate results helped world stock markets surge on Wednesday, bringing some relief to jittery investors after a brutal October that saw equities suffer one of […]
October 31, 2018

Private payrolls rise in October; wages surge in third quarter

U.S. private sector payrolls increased by the most in eight months in October, suggesting overall job growth accelerated this month after Hurricane Florence weighed on restaurant […]
October 31, 2018

Wall Street gets lift from strong earnings at end of rough month

The S&P 500 and the Nasdaq were on track to post their first two-day gain this month on Wednesday, as Facebook led a slew of encouraging […]
October 31, 2018

Samsung slashes capex, calls end to chip boom after record third quarter

Samsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end […]
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