Oil rose above $62 a barrel on Thursday after China hinted at progress toward a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and demand for fuel.
Blue Harbour Group is reportedly pressuring Madison Square Garden CEO James Dolan to sell a portion of the New York Knicks and New York Rangers ahead of the planned spinoff.
Sources also said the bid consists of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox shares for each HP share.
Roku posted third-quarter results that missed Wall Street's expectation after multiple quarters of blowout growth.
Wall Street's main indexes hit fresh record highs on Thursday, as signs of progress in U.S.-China trade relations and a batch of largely upbeat earnings boosted risk appetite.
A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc affiliate said on Thursday the risk of providing driver ride-hailing coverage had become too great and that it had mispriced policies during its initial years on the account.
Oil prices rose and global equity markets rallied on Thursday after China said it has agreed with the United States to cancel tariffs in phases, a key consideration in reaching an initial deal to end a trade war that has crimped economic growth.
T-Mobile US Chief Executive John Legere on Thursday acknowledged talks with Sprint Corp to extend their merger agreement and declined to rule out asking for the $26 billion price to be lowered.
Shares of Party City Holdco Inc plummeted 62% to a record low on Thursday after the party supplies retailer cut its annual revenue and profit forecasts for a second time, as fewer shoppers bought Halloween supplies at its stores this season.
Wells Fargo & Co , which recently tapped one-time Jamie Dimon protégé Charles Scharf to be its CEO, has hired another former JP Morgan Chase executive and previous White House official, William Daley, to head public affairs.
The Brazilian government will reevaluate the terms of pre-salt auctions, including the signing bonuses and profit oil required from bidders, Brazil's mines and energy minister said on Thursday, after a round that was widely seen as disappointing.
Strong demand for Ralph Lauren Corp's Polo shirts and tweed jackets in China helped the high-end apparel retailer beat quarterly profit estimates on Thursday, sending its shares up nearly 14%.
Power company PG&E Corp on Thursday raised its 2019 costs estimates by more than 50% related to deadly wildfires in California and its bankruptcy, sending its shares down nearly 6%.
Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.
Blue Harbour Group is reportedly pressuring Madison Square Garden CEO James Dolan to sell a portion of the New York Knicks and New York Rangers ahead of the planned spinoff.