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Wars and viruses: Are robots less prone to panic?

Widely blamed for volatile "flash crashes" in currencies and equities, high-frequency algorithms may also be why shock global events, including the current coronavirus, seem to have lost their power to spook markets for any length of time.



5 years ago

Four steps you can take to safeguard your retirement savings from this risk

Nobody likes talking about nursing home care, yet the only way to protect your family — and your savings — from this expense is to plan well in advance. Here are four key topics to consider.

5 years ago

Exxon quarterly profit falls 5.2% on weak refining, chemical margins

Exxon Mobil Corp reported a 5.2% drop in fourth-quarter profit on Friday, as assets sales propped up flat year-over-year oil and gas output and weakness in its refining and chemicals businesses.



5 years ago

Futures slide as virus outbreak fans growth fears

Caution about the economic impact of the coronavirus epidemic knocked U.S. stock index futures lower on Friday, more than offsetting a boost from the latest batch of upbeat quarterly corporate earnings.



5 years ago

Here's the science behind a simple trick that helps people increase savings by up to 73%

It's easy to make fun of vision boards, yet there's a scientific explanation for why they can help people more than double how much money they save.

5 years ago

Wars and viruses: Are robots less prone to market panic?

Widely blamed for volatile "flash crashes" in currencies and equities, high-frequency algorithms may also be why shock global events, including the current coronavirus, seem to have lost their power to spook markets for any length of time.



5 years ago

S&P 500 opens lower on virus concerns, Amazon supports Nasdaq

The S&P 500 and the Dow Jones Industrial Average opened lower on Friday, hit by worries over the impact of the coronavirus epidemic on global growth, while the Nasdaq was supported by strong earnings from Amazon.com Inc .



5 years ago

Airbus to pay $4 billion to settle corruption probe: French prosecutor

European planemaker Airbus will pay 3.592 billion euros ($3.98 billion) to settle corruption probes by U.S., British and French authorities into contract dealings, France's financial prosecutor said on Friday.



5 years ago

Chevron swings to quarterly loss on $10 billion in charges

Chevron Corp swung to a fourth-quarter loss on $10.4 billion in charges as it stepped up efforts to cull unprofitable assets amid weak oil and gas prices.



5 years ago

U.S. consumer spending rises steadily; inflation remains tame

WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.



5 years ago

Global funds prefer stocks despite risks still at play: Reuters poll

Funds increased their preference for stocks to a two-year high at the expense of bonds and cash holdings in their model global portfolio recommendations this month in a Reuters poll, despite world share markets struggling on the coronavirus breakout.



5 years ago

Eli Lilly prices migraine therapy at $640 for pack of eight pills

Eli Lilly and Co on Friday priced its acute migraine treatment at $640 for a pack of eight pills and said it will be made available in pharmacies in the next few days.



5 years ago

Bayer considers new tactic in Roundup settlement talks

As Bayer AG tries to settle U.S. lawsuits claiming that its weedkiller Roundup causes cancer, the company is considering a proposal that would bar plaintiffs' lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter.



5 years ago

Delta says it will suspend all U.S.-China flights

Delta Air Lines Inc said Friday it will temporarily suspend all remaining U.S.-China flights after the U.S. State Department elevated a travel advisory over concerns about the coronavirus.



5 years ago

Mercedes-Benz sees Brazil truck sales up 18% in 2020

The Brazilian unit of German automaker Mercedes-Benz sees overall domestic truck sales rising by 18% to 120,000 units this year, according to a company presentation on Friday.



5 years ago