U.S. stocks opened higher for the first time in three sessions on Wednesday, boosted by technology shares, as latest media reports raised hopes of progress in high-level trade talks between the U.S. and China, after a turbulent start to the week.
AT&T Inc said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile.
Rockets of Awesome, an online kids clothing store, has wooed celebrity backers and capital from Foot Locker. It is the latest e-commerce company to opt for a brick-and-mortar presence. In September it opened its first pop-up store in Manhattan.
The trade war between the United States and China could cut global growth by 0.5 points next year, French Finance Minister Bruno Le Maire said on Wednesday.
Shares of Johnson & Johnson dipped 2% on Wednesday after a jury awarded $8 billion in punitive damages to a man who accused the drugmaker of failing to warn that young men using its antipsychotic drug Risperdal could grow breasts.
Nissan Motor Co Ltd demoted senior vice president Hari Nada, a key whistleblower against former Chairman Carlos Ghosn, after an internal investigation found no evidence against the executive.
Starting next year, there will be a lot more "green" in those brown UPS delivery trucks.
Goldman's start-up factory has created about 12 businesses so far, but it's too early to say if any will truly take off.
CNBC | Chloe Taylor | Oct 8, 2019 Singapore has overtaken the U.S. to become the most competitive nation in the world, according to the World Economic Forum (WEF). In its 2019 Global Competitiveness Report, the WEF measured the strength of 103 key indicators, such as inflation, digital skills and trade tariffs, across 141 countries.
"The relative P/E today suggests that small caps should lead large caps over the next decade," says one strategist.
Biotechnology start-up Ginkgo Bioworks said on Wednesday that it had raised a $350 million fund to more easily invest in spinout ventures that use its bio-engineering technology in a variety of industries that are just starting to use cutting edge biology.
American Airlines Group Inc on Wednesday extended cancellations of Boeing 737 MAX flights through Jan. 15, running contrary to the U.S. planemaker's promises that the grounded jets would be flying again before the year-end.
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.
Wearable device maker Fitbit Inc said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January, in response to the ongoing tariff threat.
Goldman's start-up factory has created about 12 businesses so far, but it's too early to say if any will truly take off.