German industrial group Thyssenkrupp is in talks to buy metals distributor Kloeckner & Co in a move to strengthen its steel business, Handelsblatt reported on Thursday citing sources familiar with the matter.
The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations.
The market rebound this week hasn't convinced the strategist predicting a "Lehman-like" sell-off that the risk is completely off the table.
An index of stock markets worldwide edged lower on Thursday on uncertainty over the outlook for U.S. interest rate cuts and weak U.S. manufacturing data that raised concerns about the health of the world's largest economy.
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.
The U.S. Federal Aviation Administration plans to test next month how pilots with around one year of experience flying Boeing 737 jets handle new software on the MAX model, four sources with knowledge of the matter said.
Boeing Co has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three people familiar with the matter told Reuters.
The benchmark S&P 500 struggled for direction on Thursday as strong results from Nordstrom Inc and a fall in U.S. jobless claims offset data showing a contraction in U.S. manufacturing activity.
News Corp is developing a news-aggregation service to compete with Alphabet Inc's Google News and could be launched later this year, the Wall Street Journal reported citing people familiar with the matter.
U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadian men who have been held by China since late last year.
Buyout firm KKR & Co Inc is exploring a sale of Epicor Software Corp that could value the U.S. enterprise resource planning software provider at close to $5 billion, including debt, people familiar with the matter said on Thursday.
U.S. toy maker Hasbro Inc will buy Entertainment One Ltd for about $4 billion in cash, adding the independent studio with preschool brands such as Peppa Pig to the U.S. company known for Nerf and Power Rangers, the companies said on Thursday.
Gap Inc posted quarterly same-store sales that fell short of analysts' estimates on Thursday, as Old Navy suffered its worse comparable sales figures in three years ahead of a planned spin-off of the brand.
Salesforce.com Inc forecast third-quarter revenue above Wall Street estimates on Thursday, encouraged by more companies opting for its cloud-based services, sending its shares up 7% in extended trading.
The bond market is in a "bubble," particularly sovereign debt, Guggenheim Partners global chief investment officer Scott Minerd warned on Thursday, and he said that efforts by the Federal Reserve to head off a recession by cutting interest rates will ultimately prove futile.