October 23, 2018

Tesla critic Citron makes U-turn ahead of results

Tesla Inc shares jumped more than 9 percent on Tuesday after long-time critic and short-seller Citron Research said it had a change of heart and is […]
October 23, 2018

Capital One Bank fined $100 million for anti-money laundering weaknesses

A leading bank regulator on Tuesday fined Capital One Bank [COFCO.UL] $100 million for failing to enforce anti-money laundering controls that have been in place for […]
October 23, 2018

Uber to go all-electric in London, awaits Khashoggi murder facts

Uber aims for London to be the first city where all of its taxis will be electric in 2025, with a clean air fee added to […]
October 23, 2018

Saudi crown prince proclaims investment conference a success despite boycott

Saudi Arabia’s crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal […]
October 23, 2018

Wall Street sinks as weak forecasts add to dour mood; Nasdaq nears correction

Wall Street sank on Tuesday, continuing a punishing month for U.S. stocks, as dismal outlook from industrial bellwethers Caterpillar and 3M sparked concerns over corporate growth […]
October 23, 2018

Lockheed Martin profit beats, downplays Saudi exposure

Lockheed Martin Corp , the Pentagon’s No. 1 weapons supplier, on Tuesday posted a better-than-expected rise in quarterly profit, driven by higher production of its F-35 […]
October 23, 2018

UTC confident of Chinese nod for Rockwell deal, reports strong profit

United Technologies Corp soothed investor nerves over Chinese approval for its purchase of aircraft parts maker Rockwell Collins , as it announced a stronger-than-expected quarterly profit […]
October 23, 2018

Instant View: Wall Street shares resume tumble

Wall Street stocks tumbled more than 2 percent on Tuesday as disappointing forecasts from industrial bellwethers Caterpillar and 3M piled on to concerns over Saudi Arabia’s […]
October 23, 2018

Caterpillar’s shares tumble on disappointing profit outlook

Caterpillar Inc disappointed investors on Tuesday by not raising its 2018 earnings forecast yet again, raising fears that the heavy-duty equipment maker may be signaling a […]
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