October 4, 2018

Costco barely beats sales estimates, gross margins weigh

Costco Wholesale Corp’s quarterly sales barely beat analysts’ estimates on Thursday as growth in online business decelerated to its slowest in the year amid intense competition, […]
October 4, 2018

Tronc renames itself back to Tribune Publishing

Newspaper publisher Tronc Inc said on Thursday it will rename itself as Tribune Publishing Co, effective Oct. 9. Powered by WPeMatico
October 4, 2018

Tesla’s Musk mocks SEC as judge demands they justify fraud settlement

Tesla Inc’s Elon Musk on Thursday mocked the U.S. Securities and Exchange Commission, just hours after a federal judge ordered him and the regulator to justify […]
October 4, 2018

DoubleLine’s Gundlach: 30-year U.S. Treasury signals higher bond yields

Jeffrey Gundlach, chief executive of Doubleline Capital, on Thursday said the 30-year U.S. Treasury bond yield has broken above a multiyear base, which should lead to […]
October 4, 2018

Costco quarterly sales narrowly beat estimates

Warehouse club operator Costco Wholesale Corp’s quarterly sales narrowly beat estimates on Thursday, with online sales losing steam in the face of intense competition from Amazon […]
October 4, 2018

Wall Street stumbles as bond yield climb continues

Wall Street stocks stumbled on Thursday as U.S. Treasury yields continued their ascent to multi-year highs on the latest round of strong economic data, building concerns […]
October 4, 2018

Judge orders Tesla’s Musk, SEC to justify fraud settlement

A federal judge on Thursday gave Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission one week to justify their settlement to […]
October 4, 2018

Oil falls from four-year highs; Wall Street weighs

Oil prices fell on Thursday as the prospect of increased crude production from Saudi Arabia and Russia prompted profit-taking the day after futures hit four-year highs […]
October 4, 2018

Bond yields surge in U.S. Treasuries sell-off, stocks sink globally

A two-day unloading of U.S. Treasuries pushed their yields to multi-year peaks on Thursday as robust economic data and hawkish speeches by Federal Reserve officials stoked […]
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