October 24, 2018

Wall Street drops as chipmakers fan corporate growth fears

U.S. stocks slid on Wednesday, continuing a brutal month, as weak forecasts from chipmakers fanned concerns over the impact of tariffs and China’s slowdown on corporate […]
October 24, 2018

Tesla may post profit with Model 3 surge, but is it repeatable?

When Tesla Inc posts third-quarter results on Wednesday, Chief Executive Elon Musk may show off a long-promised quarterly profit, as production of his Model 3 electric […]
October 24, 2018

Boeing tops profit estimates, takes further tanker charge

Boeing topped analysts’ forecasts for quarterly profit on Wednesday and raised its forecasts for annual profit per share by more than half a dollar as it […]
October 24, 2018

U.S. appeals court revives Nestle child slavery lawsuit

A U.S. federal appeals court on Tuesday reinstated a lawsuit by a group of former child slaves accusing the U.S. unit of Nestle SA, the world’s […]
October 24, 2018

Exclusive: Sinopec, CNPC to skip Iran oil bookings for November as U.S. sanctions near

Sinopec Group and China National Petroleum Corp (CNPC), the country’s top state-owned refiners, have not made any nominations to load Iranian oil for November because of […]
October 24, 2018

AT&T misses profit estimates, shares fall

AT&T Inc’s quarterly profit missed analysts’ estimates on Wednesday, sending its shares down 2 percent before the bell, even as it posted a surprise gain in […]
October 24, 2018

Stuttgart court orders Porsche SE to pay damages for disclosure violations

A Stuttgart court ordered Porsche Automobil Holding SE to pay damages to shareholders and charged the company with violating disclosure rules tied to a 2015 diesel […]
October 24, 2018

Inside S&P 500, most stocks in correction or bear market

The S&P 500 may not yet be in correction territory, but the vast majority of the index’s components have already gotten there. Powered by WPeMatico
October 24, 2018

Ford hires new China chief to tackle daunting turnaround task

Ford Motor Co has hired a new chief for its troubled China operations, ending a nine-month search after the previous head suddenly quit and tasking him […]
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