Investors are worrying that rising energy costs due to an escalating conflict between the United States and Iran that has caused a spike in oil prices will hurt U.S. corporate earnings.
Brent oil futures fell on Wednesday from a near four-month peak hit early after an Iranian rocket attack on U.S. forces in Iraq did not damage oil infrastructure, and on a report showing a surprise build in U.S. stockpiles.
Kraft Heinz Co on Wednesday named Campbell Soup Co executive Carlos Abrams-Rivera as the leader of its U.S. business, the Heinz ketchup maker's latest executive hire as it aims to revitalize its business after a troubling year.
Carlos Ghosn, speaking publicly for the first since his dramatic escape from Japanese justice, told reporters in Beirut he had been treated "brutally" by Tokyo prosecutors and was the victim of a conspiracy to oust him from the helm of automaker Nissan.
Tokyo prosecutors struck back at ousted Nissan Motor boss Carlos Ghosn on Thursday, saying his allegations of a conspiracy between prosecutors and the automaker were false and that he had failed to justify his acts.
U.S. private payrolls increased by the most in eight months in December, pointing to sustained labor market strength though job gains last month were likely flattered by a seasonal quirk.
The S&P 500 and the Nasdaq hit record highs on Wednesday after President Donald Trump said there were no American casualties in the Iranian missile strikes and that Tehran appeared to be standing down, sparking a relief rally in markets.
The Trump administration on Wednesday will signal strong support for self-driving vehicles as it releases new guidance from federal agencies at the annual CES tech conference.
Macy's Inc reported a small decline in holiday same-store sales on Wednesday, surprising investors who were bracing for a sharper drop following an earlier profit warning.
A Brazilian state prosecutor expects to bring criminal charges "in the next few days" against miner Vale over a mining waste dam collapse that killed at least 259 people, even as the prosecutor's federal counterpart continues to investigate the case.
Gold and oil prices retreated on Wednesday after earlier surging, and shares on Wall Street advanced, amid investor optimism that Iran's attack on U.S. forces in Iraq was unlikely to escalate into a full-blown conflict in the region.
U.S. Senator Tom Cotton on Wednesday introduced a bill that would prevent the United States from sharing intelligence with countries that allow Chinese telecoms giant Huawei Technologies to operate 5G network technology within their borders, according to a copy of the bill seen by Reuters.
For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co .
Kraft Heinz Co on Wednesday named Campbell Soup Co executive Carlos Abrams-Rivera president of its U.S. business, the Heinz ketchup maker's latest executive hire as it aims to revitalize its business after a troubling year.
Ex-Nissan boss Carlos Ghosn has been summoned for questioning by a Lebanese public prosecutor over an Interpol notice issued by Japan calling for his arrest on financial misconduct charges after he fled last month ahead of his trial.