Reuters: Business News

Microsoft, energy stocks lift Wall Street at open 2019-09-19 09:36:22U.S. stocks opened higher on Thursday, boosted by Microsoft Corp and energy stocks, a day after the Federal Reserve cut rates as expected but played d

Military strike against Iran would result in "all-out 2019-09-19 09:34:59Any U.S. or Saudi military strike against Iran would bring "all-out war", Tehran said on Thursday, keeping up a drumbeat of warnings to its adversar

Real crunch from Saudi Arabia's oil outage has 2019-09-19 09:34:59Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill

U.S. labor market remains strong, manufacturing still weak 2019-09-19 09:31:28The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that s

France, Germany at odds over pace of response 2019-09-19 09:30:43France and Germany are agreed on a strategy to respond to a global economic slowdown at a time of international trade problems but differ over how fas

Deutsche Post hikes parcel prices for more businesses 2019-09-19 09:28:54Deutsche Post DHL will hike parcel prices next year for business customers with individually agreed conditions due to rises in transport and labor c

Deutsche Bank appoints executive body to steer domestic 2019-09-19 09:12:05Deutsche Bank has appointed a new executive committee to help to oversee its German retail business as part of the lender's broader overhaul.

Ryanair's O'Leary wins bonus approval as pilots face 2019-09-19 09:10:32Ryanair's Chief Executive Michael O'Leary narrowly secured approval from shareholders on Thursday for a bonus scheme that could earn him 100 millio

Huawei takes on Apple's new iPhone 11 with 2019-09-19 08:44:52Huawei [HWT.UL] launched its Mate 30 smartphone range on Thursday in a challenge to Apple's new iPhone 11, saying the Chinese firm's new devices we

U.S., Chinese trade deputies face off in Washington 2019-09-19 08:39:45U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly two months as the world's tw

Shares inch higher after Fed cut; BOJ, SNB, 2019-09-19 08:35:49World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve's second interest rate cut of the year and promise

France and Germany to cooperate on 'sovereign data 2019-09-19 08:30:47Germany and France intend to pool efforts to create a "sovereign data infrastructure" for Europe so that the continent's data can be stored and pro

L.A. Times - Business

Column: Can Trump legally revoke California's clean air 2019-09-19 16:12:56Trump's authority to revoke California's waiver from federal clean air rules rests on a very shaky legal foundation.

NBC exec George Cheeks lists Hollywood penthouse at 2019-09-19 14:07:33NBC Entertainment Co-Chairman George Cheeks is asking $1.595 million for his Hollywood penthouse after paying $2.075 million for the condo two years a

George Cheeks' Hollywood penthouse 2019-09-19 13:56:25The two-bedroom condo features bold, dramatic living spaces that open to a covered terrace overlooking Hollywood.

Dwyane Wade's Miami Beach mansion seeks $32.5 million 2019-09-19 12:23:00In Miami Beach, retired NBA star Dwyane Wade is asking $32.5 million for his 14,000-square-foot waterfront mansion with a Miami Heat-themed basketball

Dwyane Wade's Miami Beach mansion 2019-09-19 12:12:17Set on Biscayne Bay, the one-acre estate holds a 14,000-square-foot mansion, a dining gazebo, a swimming pool and a Miami Heat-themed basketball court

Hoodies, watches and other camouflaged vaping devices confound 2019-09-19 09:00:59Camouflaged vaping devices have teachers and parents struggling to monitor the usage of a product that has surged in popularity among high school-aged

Column: In landmark session, the California Legislature shows 2019-09-19 09:00:50With bills to protect employment rights, student athlete pay, abortion services and renters, the 2019 California Legislature turned in a very progress

What $2 million buys right now in three 2019-09-19 08:30:36Take a look at what roughly $2 million buys right now in the beach towns of Venice, Malibu and Manhattan Beach.

Did Universal's Jurassic World ride scare you? Thank 2019-09-19 08:30:24At Universal Studios Hollywood, Jon Corfino gets to spend his days creating new attractions, including Jurassic World — The Ride. At lunch, he l

Column: Trump's consumer agency says you shouldn't trust 2019-09-19 08:00:11In making "enhancements" to its database, the CFPB now says consumers should be aware that many complaints "should be regarded as opinion, not fact

Kim Gordon's Laurel Canyon project | Hot Property 2019-09-18 20:44:53The reimagined Midcentury Modern-style home sits on a quarter-acre lot in the Hollywood Hills.

AT&T under pressure to sell DirecTV amid heavy 2019-09-18 19:57:10AT&T bought DirecTV in 2015, right before subscribers began fleeing in droves.

Economy

Powell: Low rates abroad a sign of weak 2019-09-18 15:29:00Federal Reserve chairman Jerome Powell holds a press conference after the Fed's decision to cut rates by 25 basis points.

Powell doesn't see the Fed ever using negative 2019-09-18 15:05:00Federal Reserve Chairman Jerome Powell said the he does not see the Fed using negative interest rates in the future.

Powell says it's possible the Fed will have 2019-09-18 14:50:00Powell said on Wednesday that the Fed may have to resume regular balance sheet growth to help ease money markets.

Powell says a 'sequence' of rate cuts could 2019-09-18 14:41:00Jerome Powell pledged that the central bank would engage in a "sequence" of interest rate cuts if conditions warrant, but he doesn't see that as ne

Trump says Powell and the Fed 'Fail Again' 2019-09-18 14:26:00The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower

Fed gets more divided, as three members vote 2019-09-18 14:18:00The Fed has become increasingly divided, with three officials voting against the Fed's quarter-point cut to the fed funds target rate range.

Fed forecasts no further rate cuts in 2019 2019-09-18 14:06:00The Federal Reserve cut rates Wednesday by 25 basis points to a range of 1.75% to 2.00%.

Fed cuts rate on bank reserves amid repo 2019-09-18 14:02:00The interest on excess reserves now stands at 1.8%, a 30 basis point cut compared with the 25 basis point reduction for the benchmark funds rate.

Here's what changed in the new Fed statement 2019-09-18 14:01:00This is a comparison of Wednesday's FOMC statement with the one issued on July 31 after the Fed's previous policymaking meeting.

Fed approves quarter-point rate cut but is divided 2019-09-18 14:00:00Investors largely expected the FOMC to cut rates by a quarter point.

Fed loses control of its own interest rate 2019-09-18 11:17:00As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.

Fed is expected to cut rates, but Powell 2019-09-17 15:54:00Jerome Powell will "underwhelm everyone and not overwhelm anyone," one economist says

NYT > Economy

Fed Cuts Interest Rates by Another Quarter Point 2019-09-18 15:36:33The Federal Reserve cut rates for the second time since July as risks to the economic outlook mounted, but the move did little to appease President Tr

A Rerun From the 1970s? This Economic Episode 2019-09-18 14:33:53Labor strife, pressure on the Fed, a sharp rise in oil prices, but without stagflation and other key elements.

A Preview of the Fed Meeting 2019-09-18 14:05:08There will be a lot of moving parts, but policymakers are unlikely to do enough to satisfy President Trump.

Trump Urges ‘Big’ Rate Cut as Fed Faces 2019-09-18 11:17:57From short-term political and trade war concerns to a long-term lack of “firefighting capability” if the economy dives, things are not poi

Trump and California See Same Homeless Problem, but 2019-09-18 10:48:11President Trump’s awful descriptions of California’s housing woes can’t be worse than those of the state’s most liberal politi

U.S. Outlines Plans to Scrutinize Chinese and Other 2019-09-18 00:34:46International deals involving technology and real estate could be blocked under proposed new rules that would add teeth to a law passed last year.

Fed Jumps Into Market to Push Down Rates, 2019-09-18 00:31:53The move underscores the limitations of the Fed’s new approach to setting interest rates.

How an Oil Price Surge Could Hurt the 2019-09-17 16:27:54The spike in oil prices after the drone attacks in Saudi Arabia won’t start a recession. But a sustained surge in energy prices might have a big

To G.M. Workers, U.A.W. Strike Is Chance for 2019-09-17 14:41:28Union members are pushing for what they see as a fair share of the company’s hefty returns, a decade after its bankruptcy, as negotiations conti

Oil Prices Spike After Attack on Saudi Facilities 2019-09-17 12:27:44Experts say a severe shock to energy markets and the world economy is unlikely. They expect oil and gas prices to rise modestly, if the damage is quic

After Saudi Attack, Oil Market Is on Edge: 2019-09-17 12:27:11Supply disruptions and the risk of future attacks is likely to prop up energy prices, benefiting the oil industry and hurting consumers.

What the G.M. Strike Looks Like 2019-09-17 00:28:44The assembly plant in Flint, Mich., has produced millions of vehicles and supported generations of workers. Now a strike has rendered it idle.

Business - The Huffington

MoviePass Shuts Down Its Service After Years Of 2019-09-13 16:50:12MoviePass' parent company appeared unsure if it the movie ticketing service would ever be restored.

Possible Strike Looms At General Motors 2019-09-13 14:48:23The United Auto Workers union and GM will hit a negotiating deadline this weekend, just as the union faces more embarrassing corruption news.

It Takes A Village To Create Sustained Institutional 2019-09-12 10:45:38Strengthening tomorrow through diversity and inclusion starts with us today.

Lyft Updates Safety Policies Amid Sexual Assault Lawsuit 2019-09-10 18:02:38An attorney representing 14 women who say they were assaulted by Lyft drivers called the company's updated policies a "cheap public relations stunt.

Why CEOs Are Failing At Inclusion — & 2019-09-10 08:56:52“You can’t be an ally or advocate unless you’re willing to take action. Even micro-actions can make an impact.”

New York To Investigate Facebook Over Possible Antitrust 2019-09-06 11:23:41The joint probe with several other states will look at how the social media giant's market dominance affects user data, consumer choice and the price

How Amazon Hooked America On Fast Delivery While 2019-09-05 13:20:17Our investigation found Amazon escapes responsibility for its role in deaths and serious injuries even though the company keeps a tight grip on how th

4 Ways To Incorporate Diversity Into Your Workplace 2019-09-05 09:27:04“We have made progress over the last half-century in terms of diversity and inclusion. … But the work is far from done.”

14 Women File Lawsuit Against Lyft After Reporting 2019-09-04 23:34:16At a news conference, one woman recounted a horrific kidnapping and rape that she said took place after she summoned a Lyft ride using its app.

YouTube To Pay $170 Million Fine After Violating 2019-09-04 14:04:18The settlement follows allegations that the video service collected children's personal data without their parents’ consent.

Navigating The Road To Education & Workplace Success 2019-09-03 16:28:13“Even if you make it to college, there’s a real chance you won’t make it to graduation. We need to rethink the systems that result i

Bugatti Chiron Smashes Through 'Inconceivable' Speed Record 2019-09-02 22:52:01The car broke through the 300-mph barrier during a test run last month.

Home Page

Fed makes second straight rate cut, splits on 2019-09-18 14:11:48Five officials wanted to keep rates unchanged, while five saw a quarter point as appropriate this year and seven wanted a half point

Never asked for imposing Hindi over native languages, 2019-09-18 13:52:15Following Shah's assertion, DMK president M K Stalin said the party's proposed protest on September 20 on the issue has been postponed

Ind vs SA 2nd T20I: India win by 2019-09-18 13:17:38Shikhar Dhawan gave a fine start to India while Virat Kohli was at his best as he remained unbeaten on 72, surpassing Rohit Sharma as the highest T20I

NCLAT refuses to entertain RCom resolution professional, sends 2019-09-18 13:05:16RCom RP had approached NCLAT with plea that Ericsson India refund Rs 577 crore given to it by RCom

NCLAT keeps Bakshi deal with McDonald's on hold, 2019-09-18 13:02:15Two-member bench headed by Justice S J Mukhopadhaya says prima facie there is a case for deal to be stayed for now and the case to be heard on merits

RBI plans to structure loan rates of NBFCs, 2019-09-18 12:43:42Unlike banks, HFCs and NBFCs do not have any 'anchor rate' or a uniform interest rate-determining structure

Tax collection misses target by a wide margin; 2019-09-18 12:17:07Of the Rs 5.50 trillion collections, advance tax rose a tepid 7.3 per cent to Rs 2.20 trillion from Rs 2.05 crore, sources said

Will not allow Modi's Air India One aircraft 2019-09-18 11:38:00Tensions between India and Pakistan spiked after India abrogated provisions of Article 370 of the Constitution

Mamata Banerjee says keen to meet Amit Shah, 2019-09-18 11:19:59In an effort to send a signal that she was extending an olive branch to the PM, Banerjee said she has invited Modi to inaugurate the Deocha Pachami co

Saudi Arabia says Aramco drone attacks 'unquestionably sponsored 2019-09-18 11:18:54On display were parts of drones and missiles labeled as Iranian-made

Govt approves 78-day wages as productivity bonus to 2019-09-18 10:12:47This is for the sixth consecutive year that productivity linked bonus is being given to railway employees

Govt bans e-cigarettes amid global concern over health 2019-09-18 09:26:52Cabinet decided to ban e-cigarettes as they pose health risk to people, especially the youth

Insider.pro

Turkey Plans to Develop National Blockchain Infrastructure 2019-09-19 08:30:00 The country wants to integrate blockchain into the public administration.

Germany Passes Law to Ban Parallel Currencies Like 2019-09-19 06:30:00 Angela Merkel's cabinet has passed a strategy focused on preventing this type of currencies from threatening state sovereignty.

China Plans to Expel Mining Industry From its 2019-09-19 05:00:00 Crypto mining is beginning to be limited in certain regions of China.

Craig Wright Claims He Almost Settled the Case 2019-09-18 16:48:41 As for now, Wright claims he almost settled the case and the parties have reached mutual understanding.

Novogratz: I’m Really Fascinated to Watch Telegram 2019-09-18 15:21:39 Novogratz says he is really exciting to watch Telegram's progress due to the messenger's user base, which is near 280 million users.

North Korea Wants to Launch Its Own Cryptocurrency 2019-09-18 14:22:28 However, it is still unknown either the title of the currency or its cryptographic architecture.

Norway's Largest Retailer Starts Selling Bitcoins 2019-09-18 12:31:14 It also has been reported that purchase will not require any ID or any other documents to exchange the amount of euros in the Rebiton voucher into bi

Binance.US Starts Accepting Accounts Registrations 2019-09-18 09:00:00 Binance.US, Binance's US subsidiary, has just announced users can already register accounts in the platform.

Huobi Expands to Argentina 2019-09-18 08:00:00 The Singapore-based cryptocurrency exchange has just expanded to Argentina.

LINE Launches its Own Crypto Trading Platform 2019-09-18 06:30:00 The Japanese instant messaging service has just launched Bitmax, its crypto trading platform.

ATAIX Brings Telegram’s Unlocked Gram Tokens to the 2019-09-18 06:00:00 The ATAIX exchange has announced that it will be the first to sell the native currency of the Telegram Open Network (TON).

VanEck, SolidX and Cboe Withdraw BTC ETF Application 2019-09-18 05:00:00 Cboe BZX has withdrawn its request to include a bitcoin ETF in its platform.