U.S. stocks rose for a fourth straight session on Thursday on China's efforts to contain the economic fallout from the coronavirus outbreak, while investors assessed a mixed batch of corporate earnings.
Boeing Co said Thursday that a new software update to address an indicator light issue on the grounded 737 MAX will not impact its mid-2020 estimate for the plane's return to service.
BlackRock Inc cited the value and costs of shareholder proposals in a letter to regulators weighing reforms to the proxy process, taking a middle ground in a hotly contested rulemaking process.
EU antitrust regulators opened on Thursday an in-depth investigation into Ray-Ban maker EssilorLuxottica's 7.2 billion euro bid for Dutch opticians group GrandVision , saying the deal could push up prices.
Financial markets appear to be recovering from the damage done in late January by the coronavirus outbreak in China.
Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to secure deals worldwide, said two people with direct knowledge of the matter.
Europe's future must be based on fair competition rules, EU antitrust regulators said on Monday, after Germany and France reiterated calls for a speedy overhaul of the bloc's rules to help EU companies better compete with U.S. and Chinese rivals.
New York Stock Exchange owner Intercontinental Exchange Inc (ICE) would "love" to speak with eBay Inc about a potential deal if its management is interested, the company's chief executive said on Thursday following the release of ICE's financial results.
Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States.
China's biggest telecommunications equipment maker will square off in court against the No. 1 U.S. wireless carrier over whether Verizon Communications Inc should pay Huawei Technologies Co Ltd for patent infringement.
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to keep the longest economic expansion in history on track despite weak business investment.
World equity markets rallied for a fourth day on Thursday, with a bevy of key stock indexes touching fresh peaks, as news that China will soon cut tariffs on some U.S. goods buoyed risk sentiment and pushed safe-haven currencies lower.
Disruptions to auto parts production caused by the deadly virus outbreak in China could threaten production at one of Fiat Chrysler Automobiles's European plants within two to four weeks, Chief Executive Mike Manley told Reuters.
Nike Inc on Thursday said it would partner with some South American distributors, as a part of the footwear maker's wider plan to sell new products directly to consumers faster.
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue keep the longest economic expansion in history on track.