October 16, 2019

SEC freezes assets of 18 China-based traders over manipulation

The U.S. Securities and Exchange Commission said on Wednesday that it has obtained an asset freeze against 18 China-based traders over a market-manipulation scheme. Powered by […]
October 16, 2019

Wall Street slips as weak economic data offsets earnings strength

Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of […]
October 16, 2019

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

Netflix Inc added slightly more paying subscribers than Wall Street expected in the third quarter but issued a soft forecast on Wednesday as it faces new […]
October 16, 2019

UAW, GM leaders have a deal to end strike, now workers will decide

General Motors Co and the United Auto Workers union reached a tentative deal on Wednesday for a new four-year labor deal, moving closer to ending a […]
October 16, 2019

Teva to donate over $15 billion worth of drugs in opioid settlement: source

Teva Pharmaceuticals is in talks to contribute over $15 billion worth of drugs as part of a settlement to resolve lawsuits alleging it helped fuel the […]
October 16, 2019

UAW, GM leaders have a deal, now workers will decide

General Motors Co and the United Auto Workers union reached a tentative deal on Wednesday for a new four-year labor deal, moving closer to ending a […]
October 16, 2019

Boeing CEO says ‘fully supportive’ of board’s decision to split jobs: letter

Boeing Co Chief Executive Dennis Muilenburg told employees in a memo seen by Reuters on Wednesday that he was “fully supportive” of the board’s decision to […]
October 16, 2019

Oil rises 1.4% on hopes OPEC will extend supply cuts, weaker U.S. dollar

Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. […]
October 16, 2019

FCC approves merger of T-Mobile, Sprint on vote split on party lines

T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp won formal approval from the Federal Communications Commission on Wednesday in a vote split along party […]
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