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Bayer says U.S. glyphosate plaintiffs more than double since July

Germany's Bayer is now facing 42,700 U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer, more than twice the tally in July and potentially raising any future settlement.



4 years ago

BP says no decision yet on 2019 dividend hike

BP has yet to decide whether to boost its dividend by the end of the year, it said on Wednesday, after its shares fell sharply on the previous day on fears it would defer a decision to 2020.



4 years ago

U.S. economy slows marginally in the third quarter

U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, which could further allay financial market fears of a recession.



4 years ago

U.S. private sector job growth picks up in October: ADP

U.S. private employers added 125,000 jobs in October, slightly above economists' expectations, a report by a payrolls processor showed on Wednesday.



4 years ago

Fiat Chrysler and Peugeot in talks over potential $50 billion tie-up

Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday.



4 years ago

Italian trade union fears FCA-Peugeot tie-up could hit Italian plants

Italian trade union FIOM said on Wednesday it feared a possible tie-up between Fiat Chrysler and Peugeot owner PSA could hurt Italian factories.



4 years ago

Timeline: Fiat Chrysler and Peugeot merger talks mark next round of consolidation

FiatChrysler and France's Peugeot said they are in talks about a potential tie-up, the latest bout of auto industry consolidation as the costs of developing zero-emissions vehicles rises amid slowing global demand.



4 years ago

Fed Chair Powell is 'overdue for a press conference gaffe,' says Wells Fargo

On the eve of the Fed's announcement, some on Wall Street started to get flashbacks to Chair Jerome Powell's communication miscues.

4 years ago

With Disney, Apple about to enter, the streaming wars are just beginning

Apple Inc's Apple TV+ and Walt Disney Co's Disney+ will launch competitors to streaming video pioneer Netflix Inc in November. Several others already have hit the market or will debut in the coming months.



4 years ago

Explainer: What is driving Fiat Chrysler and Peugeot merger talks?

Fiat Chrysler and Peugeot owner PSA are in talks to combine and create a $50 billion giant better placed to tackle a host of costly technological and regulatory challenges facing the auto industry.



4 years ago

UK union seeks meeting with Peugeot over potential Fiat tie-up fears

Britain's biggest trade union Unite wants a meeting with management at French carmaker Peugeot over a possible tie-up with Fiat Chrysler, saying merger talks and uncertainty over Brexit are "deeply unsettling" for workers at British plants.



4 years ago

Wall Street opens higher as focus shifts to Fed

U.S. stocks opened modestly higher on Wednesday as investors digested another set of earnings reports ahead of a widely expected interest rate cut by the Federal Reserve later in the day.



4 years ago

Former Exxon chief Rex Tillerson testifies in climate change fraud trial

Former Exxon Mobil Corp Chief Executive Rex Tillerson took the witness stand in Manhattan state court on Wednesday to testify in a closely watched civil lawsuit accusing the company of hiding the true cost of climate change from investors.



4 years ago

Consumers prop up U.S. economy as business spending retrenches

U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, further allaying financial market fears of a recession.



4 years ago

General Electric CEO does not expect 737 MAX to be in service this year

General Electric Co is not planning for the Boeing Co 737 MAX jetliner to return to service this year, GE Chief Executive Officer Larry Culp said during an earnings phone conference on Wednesday.



4 years ago