While striking workers at General Motors Co's U.S. auto plants continue walking picket lines for a third week to demand better pay and benefits, the financial pressure has mounted for union members like Frank Lee.
U.S. crude futures were slightly lower on Thursday, drawing some support from the stock market after earlier touching nearly two-month lows on weak economic data.
The latest weaker-than-expected U.S. economic data on Thursday fed hopes that the Federal Reserve would cut U.S. interest rates this month, which helped lift global equities slightly after two days of declines, but investors also parked some funds in U.S. Treasuries and other safe-haven assets.
Wall Street stocks climbed on Thursday after data showing U.S. services-sector activity at a three-year low fueled expectations that the Federal Reserve would cut interest rates to stem a wider economic downturn.
General Motors Co's U.S. workforce productivity has declined since the automaker recovered from a 2009 bankruptcy, even as its profit per employee has risen, a Reuters analysis shows.
Tiffany & Co is sending more of its priciest jewelry to mainland China to reach consumers kept at home by a weak currency, Chief Executive Alessandro Bogliolo said on Thursday.
Short bets against WeWork's bonds jumped to a record high this week, suggesting investors believe the office-sharing startup may again seek to raise money in the debt market after it filed to withdraw its initial public offering.
Costco Wholesale Corp reported quarterly revenue below Wall Street estimates on Thursday, as the U.S. hypermarket chain struggled to attract shoppers in the competitive grocery space.
General Motors Co's U.S. workforce productivity has declined since the automaker recovered from a 2009 bankruptcy, even as its profit per employee has risen, a Reuters analysis shows.
Online fashion retailer ASOS Plc appointed four new independent non-executive directors from several major British companies on Wednesday as it looks to bounce back after a string of profit warnings.
Samsung Electronics Co Ltd said on Wednesday it suspended production at its mobile phone factory in China at the end of September.
Huawei Technologies Co Ltd's newly launched Mate 30 devices have lost their access to manually install Google's Android apps, Bloomberg reported on Tuesday.
Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories and offset weak economic readings in the United States that have depressed global stock markets.
The World Trade Organization said it would publish at 4 p.m. (1400 GMT) its decision on a U.S. request to take action against the European Union in a long-running aircraft subsidy dispute.
Online fashion retailer ASOS Plc on Wednesday revamped its board by naming several new directors, including Ocado Solutions Chief Executive Officer Luke Jensen, as it looks to bounce back from a string of profit warnings.