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Here's why you should buy life insurance in your 20s or 30s

When you're just starting out, life insurance may not be your first concern. Putting it off, however, may cost you.

5 years ago

Carl Icahn's son Brett is the leading candidate to take over his hedge fund

For over a year, Icahn and his son have been negotiating the terms of the agreement, leading to a roughly 90-page contract.

5 years ago

SoftBank seeks to avoid WeWork's liabilities with new investment: sources

SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the U.S. office-space sharing firm, according to people familiar with the matter.



5 years ago

Fallout from Trump's trade wars felt by economies around the world

The collateral damage of the United States' trade wars is being felt from the fjords of Iceland to the auto factories of Japan.



5 years ago

China's central banker says yuan level 'appropriate', trade tensions risk to global economy

China's top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China's yuan at an appropriate level.



5 years ago

Boeing board to meet in Texas as scrutiny intensifies: sources

Boeing Co's board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet.



5 years ago

Qantas tests world's longest commercial flight from New York to Sydney

Australia's flag carrier Qantas completed on Sunday a nonstop test flight from New York to Sydney, researching how the world's longest potential commercial airplane journey of nearly 20 hours would impact pilots, crew and passengers.



5 years ago

Oil falls as China economic concerns outweigh rising refinery runs

Oil prices edged lower on Friday, as concerns about China's economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a U.S.-China trade agreement.



5 years ago

Oracle co-CEO Mark Hurd dies at 62

Oracle Corp co-Chief Executive Officer Mark Hurd has died, the business software maker said on Friday, an unexpected development that raises pressure on co-CEO Safra Catz to lead the company's ongoing transition to cloud computing.



5 years ago

Senior U.S. lawmaker says Boeing must shake-up management after 737 MAX crashes

The chairman of the U.S. House Transportation and Infrastructure Committee on Friday said Boeing Co must shake-up its management team and Congress must reform how new airplanes are certified following the disclosure of internal messages about the 737 MAX involved in two deadly crashes.



5 years ago

One-time bond king Bill Gross is back, and now he's picking stocks

Gross offered a buffet of investing choices: Annaly Capital, Invesco and Allergan to name three.

5 years ago

General Motors strike to slash U.S. October payrolls: JPMorgan

A month-long strike at General Motors could cut U.S. job growth by as much as 75,000 in October, JPMorgan economist Daniel Silver said on Friday, an unwelcome development amid financial market fears of a recession.



5 years ago

Here's why other pension plans may not 'vote with their feet' against Fisher Investments

Three retirement plans cut ties with Fisher Investments in a matter of days, pulling close to $1 billion in assets. Here's why that decision was so surprising.

5 years ago

Pentagon says decision on full-rate F-35 jet production possibly delayed until 2021

The Pentagon's decision to move into a full-rate production contract for the F-35 jet, made by Lockheed Martin , could be delayed until 2021 because of issues integrating the jet with its testing and training simulators, an official said on Friday.



5 years ago

FDA alerts consumers of J&J baby powder recall, says it stands by tests

The U.S. Food & Drug Administration said on Friday that it found that a sample from one lot of Johnson & Johnson's baby powder contained chrysotile fibers, a type of asbestos, confirming test results the company disclosed earlier on Friday.



5 years ago