February 27, 2018

Wall Street sinks as Powell’s comments fuel rate worries

NEW YORK (Reuters) – U.S. stocks suffered on Tuesday their biggest daily drops since the selloff three weeks ago after comments from Federal Reserve Chairman Jerome […]
February 27, 2018

Fed’s Powell nods to stronger economy, backs gradual rate hike path

WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell, in his first public appearance as head of the U.S. central bank, vowed on Tuesday to prevent the […]
February 27, 2018

Macy’s shares surge on comparable sales growth, 2018 outlook

NEW YORK (Reuters) – Macy’s Inc on Tuesday reported greater-than-expected growth in same-store sales for the fourth quarter and forecast a return to annual comparable sales […]
February 27, 2018

PayPal settles U.S. charges over alleged Venmo disclosure failure: FTC

WASHINGTON (Reuters) – PayPal Holdings Inc has settled U.S. charges it failed to give critical privacy and funds transfer information to users of its Venmo payment […]
February 27, 2018

Comcast’s $31 billion Sky bid crashes Murdoch and Disney show

LONDON (Reuters) – U.S. cable giant Comcast has offered $31 billion for Sky , threatening a plan hatched by Rupert Murdoch’s Fox and Bob Iger’s Walt […]
February 27, 2018

Supreme Court wrestles with Microsoft data privacy fight

WASHINGTON (Reuters) – Supreme Court justices on Tuesday wrestled with Microsoft Corp’s dispute with the U.S. Justice Department over whether prosecutors can force technology companies to […]
February 27, 2018

U.S. manufacturing, goods trade data point to slow first quarter growth

WASHINGTON (Reuters) – New orders for U.S.-made capital goods unexpectedly fell for a second straight month in January and shipments barely rose, pointing to a slowdown […]
February 27, 2018

Ford stresses NAFTA importance, backs rules to curb forex manipulation

(Reuters) – Ford Motor Co said on Tuesday it continued to have ongoing dialogue with the U.S. government on the importance of the North American Free […]
February 27, 2018

Fidelity parent says profit surges despite stock fund withdrawals

BOSTON (Reuters) – The parent of Fidelity Investments said on Tuesday that operating profit in 2017 rose 54 percent to $5.3 billion, even as customers continued […]
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