August 15, 2019

American, Southwest Airlines bump more passengers after 737 MAX grounding

American Airlines Group Inc and Southwest Airlines Co are bumping thousands of passengers off airplanes after their Boeing 737 MAX fleet’s was grounded in mid-March following […]
August 15, 2019

Revlon taps Goldman to explore strategic options: Bloomberg

Cosmetics maker Revlon Inc has tapped Goldman Sachs Group Inc to explore options for its business, Bloomberg reported on Thursday, citing people familiar with the matter. […]
August 15, 2019

Ryanair expects minimal disruption from planned strikes

Ryanair expects minimal cancellations with affected passengers flying out at different times if pilots in Britain and Ireland go ahead with a two-day strike next week, […]
August 15, 2019

GE shares fall on report alleging its finances are worse than disclosed

General Electric shares fell as much as 15% on Thursday after fraud investigator Harry Markopolos, who blew the whistle on Bernard Madoff’s Ponzi scheme, said GE […]
August 15, 2019

U.S. 30-year yields drop to fresh record low below 2%

U.S. 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries about […]
August 15, 2019

Wall Street higher on strong retail sales data

U.S. stocks tried to bounce back on Thursday from a steep selloff a day earlier, as strong retails sales data and upbeat Walmart earnings eased concerns […]
August 15, 2019

Strong U.S. retail sales ease gloom over economy

U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, helping to assuage financial […]
August 15, 2019

Oil deepens slide on recession fears, China’s trade threats

Oil prices fell more than 1% on Thursday, extending the previous session’s 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude […]
August 15, 2019

J.C. Penney quarterly loss halves, sales still fall amid turnaround

J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Thursday, as the department store operator’s efforts to cut costs and shutter unprofitable businesses paid off, […]
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