U.S. services sector activity jumped to a one-year high in February, suggesting strength in the economy before a recent escalation of recession fears ignited by the coronavirus epidemic that prompted an emergency interest rate cut from the Federal Reserve.
Uber Technologies Inc's self-driving unit is open to using technology from competitors in the industry, the company's chief executive said on Wednesday.
The dollar and world equity markets rose on Wednesday as investors were cheered by a strong showing by Joe Biden in the U.S. Democratic presidential primaries, although the economy-slowing coronavirus outbreak kept investors on tenterhooks.
General Motors Co Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk's Tesla Inc as vehicles go electric.
Oil prices jumped 1.5% on Wednesday on hopes that major producers have made progress towards sealing an agreement to implement deeper output cuts aimed at offsetting the slump in demand caused by the global coronavirus outbreak.
China's Huawei Technologies Co Ltd, the world's largest telecommunications equipment maker, on Wednesday pleaded not guilty in a New York federal court to new charges in a 2018 case against the company.
Canadian billionaire Lawrence Stroll, who is investing in carmaker Aston Martin , sees the opportunity to share Formula One technology with the firm's range of road cars, he said on Wednesday.
United Airlines Holdings Inc is slashing its flying schedule and implementing a series of cost-cutting measures in some of the most drastic actions by a U.S. airline to date as the spreading coronavirus has depressed air travel demand.
The CFP Board, which oversees standards for 86,000 certified financial planners in the U.S., removed the ability for consumers to search for an advisor based on how they're paid.
Bank of Canada | Timothy Lane Speech at CFA Montréal FinTech RDV2020 | Feb 25, 2020 Building a modern ecosystem So let me now talk about some key areas where the Bank of Canada is focusing in order to adapt to this fast-moving world of payments. First, we are working to make sure that Canadians
Campbell Soup said it is ordering more ingredients to ensure it can keep enough soups, sauces and snacks on hand to meet growing demand from retailers as U.S. consumers hoard food in preparation for potential coronavirus quarantines.
Bank of Canada | Timothy Lane Speech at CFA Montréal FinTech RDV2020 | Feb 25, 2020 Building a modern ecosystem So let me now talk about some key areas where the Bank of Canada is focusing in order to adapt to this fast-moving world of payments. First, we are working to make sure that Canadians
Global banks and small investment firms in Europe are urging staff to work from home and curb travel as the financial industry braces for disruption from the rapidly spreading coronavirus outbreak.
The coronavirus has wreaked havoc on the stock market. How to protect your college savings.
Strategists at RBC Capital Markets and Credit Suisse think some sentiment, technical and policy signals need to be triggered before a bottom can start forming.