Oil ends higher, as trade deal progress spurs energy demand hopes
Oil rose about 1% on Thursday, as progress on another major trade deal fed optimism that energy demand will grow in 2020.
Oil rose about 1% on Thursday, as progress on another major trade deal fed optimism that energy demand will grow in 2020.
The S&P 500 hit the 3,300 mark for the first time on Thursday and the other main U.S. indexes also broke record highs, fueled by solid retail sales data and upbeat Morgan Stanley earnings.
The public market capitalization of Google parent Alphabet topped the $1 trillion mark shortly before the close of trading on Thursday, making it the fourth S&P 500 component to top the lofty level.
Apparel retailer Gap Inc on Thursday called off a plan to spin-off its Old Navy brand due to weak business performance, costs and the complexity of splitting into two.
As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
The S&P 500 rallied through the 3,300 mark for the first time on Thursday and the other main U.S. indexes also surged to record highs, fueled by tech stocks, solid retail sales data and upbeat quarterly earnings from Morgan Stanley.
Borden Ladner Gervais LLP | Stephen J. Redican, Robert Dawkins, Ross McGowan and Alexandra Nicol | Jan 9, 2020 The Canadian financial services industry is at the threshold of change. Regulatory overhaul, the ubiquity of online services, and technological innovation and disruption will affect all players—from banks to FinTech start-ups. Open banking will introduce new
Comcast Corp-owned NBCUniversal's new Peacock service, its belated entry into the streaming video wars, will offer free and $5-per-month options with advertising, the company announced on Thursday.
McAfee LLC told Reuters on Thursday it has hired Peter Leav, the former CEO of BMC Software, as its new CEO, replacing Chris Young, who created the cyber security company in its current form by carving it out of Intel Corp four years ago.
Elon Musk's automaker Tesla on Wednesday once again reclaimed its title as Wall Street's most-shorted stock. Until Apple stole it back.
The U.S.-Mexico-Canada trade agreement (USMCA) that was passed by the U.S. Senate today modernizes the 26-year-old North American Free Trade Agreement that has been blamed for hollowing out the U.S. manufacturing sector.
Comcast Corp's NBCUniversal on Thursday gave specifics on its planned Peacock video streaming service, which will do battle with industry leader Netflix Inc and others in the highly competitive field.
China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown.
Gap Inc on Thursday scrapped its plan to spin-off Old Navy and said it would instead work to stem dropping sales, while fewer discounts during the holiday season helped full-year earnings, sending its shares up about 4%.
Eli Lilly and Co aims to announce roughly one $1 billion to $5 billion deal every quarter in 2020, its chief financial officer told Reuters, as the U.S. drugmaker looks to build up its pipeline of future products.