Title Description Posted Date
Great time to buy stocks - Kaufman

The relatively higher yields stocks offer over U.S. bonds makes this an excellent buy opportunity for equities, says Phoenix Financial Services' Wayne Kaufman in an interview with Reuters' Fred Katayama.

03-Aug-2019
Great time to buy stocks - Kaufman

The relatively higher yields stocks offer over U.S. bonds makes this an excellent buy opportunity for equities, says Phoenix Financial Services' Wayne Kaufman in an interview with Reuters' Fred Katayama.

03-Aug-2019
China warns of retaliation over new Trum

China on Friday warned of retaliation after U.S. President Donald Trump vowed to impose new tariffs on Chinese goods, sharply escalating a trade dispute between the world’s biggest economies. Chris Dignam has more.

02-Aug-2019
Hiring slowdown, fewer hours hit U.S. wo

The labor market showed signs of strain in July with a big slowdown in hiring and a drop in average hours worked. Some economists worry this could a sign of things to come as President Trump plans to slap another round of tariffs on Chinese-made goods, which could further unease hiring managers and Wall Street.  Conway G. Gittens reports.

02-Aug-2019
UK corporates: RBS sounds Brexit alert,

RBS says it could miss profit targets as Brexit warning signs build, but British Airways owner IAG is optimistic after profits beat estimates.  As David Pollard reports, there was also a warning for corporate Britain from the Bank of England governor, Mark Carney.

02-Aug-2019
Boeing makes further changes to software

Boeing plans to make further changes to software on its grounded 737 MAX planes, which were involved in two fatal crashes. Joe Davies reports.

02-Aug-2019
Trump's tariffs jolt global stocks, spar

Global stocks took a beating after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting September 1.  David Pollard reports.

02-Aug-2019
Gunmaker asks Supreme Court to block law

Remington Outdoor, maker of the assault-style rifle used in the 2012 Sandy Hook shootings, asks the U.S. Supreme Court to overturn a court ruling that allowed victims' families to sue the company over its marketing practices. Eve Johnson reports.

02-Aug-2019
Trump slaps new tariffs on China

U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed at easing tensions between the world’s two largest economies continue. Roger Fortuna reports.

02-Aug-2019
Wall Street drops as trade war intensifi

Wall Street fell again Thursday, reversing early gains after President Donald Trump put concerns about the U.S.-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports. Fred Katayama reports.

02-Aug-2019
Trump's tariff ensures rate cut - Dudash

IHT Wealth Management's Steve Dudash tells Reuters' Fred Katayama that President Donald Trump's additional tariffs on $300 billion worth of Chinese imports ensures the Fed will cut rates again, so he's bullish on the outlook for equities.

02-Aug-2019
Beyond Meat hungers for funding to fuel

Meat alternative company Beyond Meat announced details of a second share sale, just months after its blockbuster IPO, as the plant-based burger maker raises money to fuel an attempt to meet growing demand and beat out competitors. Conway G. Gittens reports.

02-Aug-2019
San Diego duo takes on the scooter compa

Two men in San Diego have impounded thousands of electric scooters they say have been left littered about the city and endangering pedestrians, sparking a battle with companies that have flooded cities with the two-wheelers.  Jane Lanhee Lee reports.

02-Aug-2019
In Zimbabwe, power cuts turn nights into

Zimbabwe's worsening electricity shortages have effectively turned night into day for many businesses and families, with most work happening after dark, when lights flicker on for a few hours. Serena Chaudhry reports.

02-Aug-2019
Pickups drive GM's profit beat

General Motors stuck to its upbeat earnings forecast, defying a global industry slowdown with strong sales of pickup trucks in North America. Fred Katayama reports.

02-Aug-2019
Emissions costs drive BMW's second quart

BMW stuck to its outlook even as second-quarter earnings fell 20%, hit by currency headwinds and the rising cost of manufacturing electric and hybrid cars to help the carmaker meet stricter emissions limits. Emer McCarthy reports.

02-Aug-2019
BoE cuts growth forecasts as Brexit worr

The Bank of England cut its growth forecasts on Thursday in the face of increased Brexit worries and a slowing global economy.  But, as David Pollard reports, it gave no indication it was considering lowering interest rates like other central banks.

02-Aug-2019
Shell profit slumps to 30-month low

Shell shocked markets on Thursday with a second-quarter profit slump to a 30-month low due to weaker gas prices and refining margins.  David Pollard reports.

02-Aug-2019
Chinese billionaire indicted in U.S. ove

A Chinese billionaire has been indicted by a grand jury on charges he schemed with the aluminum company he founded to evade $1.8 billion of tariffs by smuggling huge amounts of the metal into the United States, federal prosecutors said on Wednesday. Francesca Lynagh reports.

02-Aug-2019
Earnings Thursday: industrials in focus;

European shares tracked lower after the U.S. Fed dampened hopes of future rate cuts.  But as David Pollard reports, the day was dominated by a torrent of earnings reports from some of continent's biggest blue chips.

02-Aug-2019
Fed delivers first rate cut since financ

The Federal Reserve delivered a quarter-percentage point rate cut, the central bank's first rate ease since the financial crisis more than 10 years ago but Fed Chief Jerome Powell declined whether to say the cut is one and done or if there are more cuts to come.  Conway G. Gittens reports.

02-Aug-2019
US-China trade talks end early, little p

U.S. and Chinese negotiators wrapped up a round of trade talks on Wednesday without visible signs of progress and put off their next meeting until September, extending an uneasy truce between the world's two largest economies for at least a month. Jane Lanhee Lee reports.

02-Aug-2019
S&P posts biggest drop since May

The Dow and S&P 500 suffered their biggest daily percentage drops since May 31 on Wednesday after the Federal Reserve cut interest rates for the first time in a decade, but remarks by Fed Chair Jerome Powell dampened expectations for further cuts going forward. Fred Katayama reports.

02-Aug-2019
Fed cuts should be one-and-done - Hogan

National Securities' Art Hogan tells Reuters' Fred Katayama the Fed may be done cutting rates after doing so Wednesday. That, he says, would be the right move.

02-Aug-2019
Fiat Chrysler defies slowdown

Fiat Chrysler surprised investors by sticking to its upbeat full-year profit forecast Wednesday. As Fred Katayama reports, strong sales of its RAM pickup helped drive profit up 14%.

02-Aug-2019
Prosecutors charge former Audi CEO over

German prosecutors said on Wednesday they had filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated over his role in Volkswagen's emissions test cheating scandal. Emer McCarthy reports.

02-Aug-2019
Euro zone growth halves in spur for ECB

Euro zone economic growth halved in the second quarter and inflation slowed sharply in July, reinforcing market expectations that the European Central Bank will further ease monetary policy in September.  David Pollard reports.

02-Aug-2019
Under the hood of Amazon's grand ambitio

Amazon is expanding its transportation prowess to do virtually everything short of building a car. Jane Lanhee Lee reports.

02-Aug-2019
UK car investment slumps over 70% on no-

Investment in Britain's car sector fell by more than 70 percent in the first half of the year due to concerns about a disorderly Brexit, an industry body said on Wednesday.  David Pollard reports.

02-Aug-2019
Airbus beats forecasts, but sounds new B

Airbus has urged European governments to step up plans for a "likely" no-deal Brexit even as it unveiled stronger than expected second-quarter profits. David Pollard reports.

02-Aug-2019
Samsung reports a drop in Q2 profit

Samsung reported a 56% drop in Q2 profit, owing to a fall in semiconductor prices amid an oversupply. However, the global chip leader also said it expected the chip industry to start to recover in the second half. Julian Satterthwaite reports.

02-Aug-2019
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