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Reuters: Business News

U.S. carriers compete for new slots at Tokyo's 2019-02-21 18:22:42The top three U.S. carriers announced bids for new slots at Tokyo's Haneda International Airport on Thursday as part of a push to increase daily nons

Johnson & Johnson receives federal subpoenas related to 2019-02-21 18:08:36Johnson & Johnson said Wednesday it has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission (SEC) relat

Nike stumbles into social media storm after basketball 2019-02-21 17:31:36A Nike Inc sneaker worn by a college basketball superstar split in half less than a minute into a highly anticipated game between Duke University and

Wall St. breaks run of gains as economic 2019-02-21 17:30:47Weak economic reports pressured U.S. stocks on Thursday after the market's recent run of gains, and a drop in healthcare shares added to the bearish

Exclusive: SpaceX, Boeing design risks threaten new delays 2019-02-21 17:30:14NASA has warned SpaceX and Boeing Co of design and safety concerns for their competing astronaut launch systems, according to industry sources and a n

Ford probing possible problems with fuel economy, emissions 2019-02-21 17:25:11Ford Motor Co said on Thursday it has hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised conc

Consumer Reports yanks recommendation for Tesla's Model 3, 2019-02-21 16:43:30Consumer Reports on Thursday pulled a recommendation for Tesla Inc's Model 3, citing reliability problems, and the influential U.S. magazine turned u

Pinterest confidentially files for IPO: WSJ 2019-02-21 16:39:39Online image search site Pinterest Inc has confidentially filed with the Securities and Exchange Commission for an initial public offering, the Wall S

U.S. stocks sag on poor economic outlook; oil, 2019-02-21 16:21:59Wall Street stocks fell on Thursday due to a deteriorating economic outlook that was only partially offset by signs of trade progress between China an

Puma goes up-market with joint collection with Porsche 2019-02-21 16:00:05Sportswear firm Puma is launching a joint collection with Porsche Design, the fashion and accessories brand owned by the German car company, tapping i

AT&T pulls ads from YouTube over videos exploiting 2019-02-21 14:51:35AT&T Inc pulled all its advertising from Alphabet Inc's YouTube for the second time in two years after a magazine reported the platform displayed

U.S., China resume trade talks to thrash out 2019-02-21 14:49:23The top U.S. and Chinese trade negotiators resumed high-level talks on Thursday to hash out a deal that could end their trade war, just over a week be

L.A. Times - Business

Worried over possible default, Deutsche Bank considered extending 2019-02-20 13:50:00Top Deutsche Bank AG executives were so concerned after the 2016 U.S. election that the Trump Organization might default on about $340 million of loan

FDA's vampire warning highlights billionaires' obsession with not 2019-02-20 13:20:00The federal government finally took a stand this week on vampires feasting on the blood of the young. It’s against the practice. Actually, the F

UBS ordered to pay record $5.1-billion fine for 2019-02-20 12:40:00UBS Group AG was ordered to pay more than $5.1 billion by a Paris court that found the bank guilty of helping wealthy French clients stash undeclared

Stocks climb higher as tech, communications companies propel 2019-02-20 11:15:00U.S. stock indexes edged higher in early trading Wednesday, extending modest gains from a day earlier, as investors reviewed the latest batch of compa

Tesla loses another executive as general counsel departs 2019-02-20 10:15:00Tesla Inc.’s general counsel is leaving just two months after being hired in the wake of Elon Musk’s run-in with U.S. securities regulator

Your friends’ social media posts are making you 2019-02-20 09:10:00American families don’t save money like they used to. In 2018 the personal saving rate hovered somewhere around 7%. That’s up from an all-

Stock indexes edge up, and Walmart jumps after 2019-02-19 19:15:00Stocks shook off an early wobble on Wall Street on Tuesday, finishing modestly higher and extending the market’s gains into a fourth week. Solid

American Airlines offers helicopter rides and private lounges 2019-02-19 19:10:00American Airlines has just banished two of the most annoying aspects of flying out of Los Angeles International Airport: traffic gridlock and the long

SpaceX splits six military satellite launches with rival 2019-02-19 18:25:00Elon Musk’s Space Exploration Technologies Corp. and its rival United Launch Alliance will split six military space launches, as the Pentagon an

Solar installers are struggling to find Tesla Powerwall 2019-02-19 18:25:00There’s plenty of demand for Tesla Inc.’s Powerwall home battery systems. The trick is finding installers that have them. Only 12% of U.S.

Southwest made possibly dangerous errors on baggage weight. 2019-02-19 18:10:00Federal officials have told Southwest Airlines to fix the way it calculates the weight of luggage loaded on flights after finding frequent mistakes du

Beware of buying young people’s blood to prevent 2019-02-19 16:40:00Taking a young person’s blood plasma and infusing it into an older person to ward off aging — a therapy that’s fascinated some of th

Economy

Fidelity notches record profit and revenue despite a 2019-02-21 16:44:00Fidelity's operating income rose 19 percent last year, while revenue increased 12 percent to a record $20.4 billion.

Closely watched Atlanta Fed GDP model now sees 2019-02-21 15:38:00The Atlanta Fed's closely watched GDPNow model sees GDP growth for the fourth quarter at 1.4 percent.

Buybacks could be on the way to another 2019-02-21 14:02:00The trend comes amid a clamor to make it harder for companies to buy their own stock and instead direct the money to other investments.

Stocks making the biggest moves midday: Nike, Coca-Cola, 2019-02-21 12:05:00Names on the move ahead of the open.

JP Morgan economists now see the economy growing 2019-02-21 11:11:00J.P. Morgan economists now see the economy growing at 1.5 percent in the first quarter, and they trimmed back fourth-quarter growth as well on signs o

People getting smaller tax refunds received bigger paychecks, 2019-02-21 10:29:00GOP Rep. Kevin Brady says Americans are seeing smaller 2018 refunds because they got more of their own money in their paychecks.

Mid-Atlantic factory activity slips into contraction for the 2019-02-21 09:42:00The Philadelphia Federal Reserve said on Thursday its gauge on U.S. Mid-Atlantic business activity declined in February to its weakest level since May

Your first trade for Friday, August 31 2019-02-21 09:31:00The "Fast Money" traders share their first moves for the market open.

US core capital goods orders unexpectedly drop in 2019-02-21 08:31:00Overall orders for durable goods, items ranging from toasters to aircraft that are meant to last three years or more, increased 1.2 percent in Decembe

US weekly jobless claims fall, but the labor 2019-02-21 08:30:00The number of Americans filing applications for unemployment benefits fell last week.

Rally warning: The market's win streak could break 2019-02-21 08:25:00National Securities' Art Hogan is on pullback watch, citing the sheer magnitude of gains in a short period of time.

Stocks making the biggest moves premarket: Hormel, Apple, 2019-02-21 07:57:00Names on the move ahead of the open.

NYT > Economy

Democrats Want to Tax the Wealthy. Many Voters 2019-02-19 19:19:42A proposal to tax wealth finds support across party lines, along with the premise that the government should combat inequality.

Housing Is Already in a Slump. So It 2019-02-19 17:12:45A decline in residential real estate has led several recessions. With construction still in a multiyear slump, it seems unlikely to be the culprit thi

Elizabeth Warren Wants a Wealth Tax. How Would 2019-02-18 15:18:25There are other tools that don’t involve quite the risks and challenges of targeting the richest families.

With Interest: The Week in Business: Amazon Breaks 2019-02-16 13:51:57Plus, tax season brings bad news, and the Fed offers more clues about its change of heart.

Watch Out. Tax Season Is Even More Stressful 2019-02-16 05:00:12With millions of people filing tax returns under a new tax law and after a long government shutdown, this is a challenging year. We offer survival tip

Northern Virginia Is Keeping Amazon’s 25,000 Jobs, and 2019-02-15 17:37:28The region has its act together and knows what it is doing, officials said.

China and U.S. to Continue Trade Talks Next 2019-02-15 16:22:29Both sides said “progress” had been made in the talks but deep disagreements remain ahead of the March deadline set by leaders of both cou

Amazon and New York Unions Had ‘Productive Meeting,’ 2019-02-14 23:49:55Labor groups aiming to organize a Staten Island warehouse were in talks with the company a day before it abandoned plans for a Queens headquarters.

German Growth Stagnates as Trump Trade War Starts 2019-02-14 15:11:18Europe’s largest economy showed no growth in the fourth quarter as steel tariffs hit manufacturers and sales to China declined.

The Biggest Economic Divides Aren’t Regional. They’re Local. 2019-02-13 15:34:00Why people living in smaller cities or towns tend to give higher ratings to their communities.

The Government Shutdown Made the I.R.S. Even More 2019-02-12 18:35:17Fewer taxpayer calls are being answered and wait times are longer, a new report finds.

Virginia’s Economy Weathers the Storm in Its Statehouse 2019-02-12 18:16:02Leading business groups haven’t joined in pushing for leadership changes, and Amazon is moving forward with a major office presence.

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Parliamentary panel summons top bosses of Facebook, WhatsApp, 2019-02-21 15:07:00The agenda of the Parliamentary Standing Committee on IT for the March 6 meeting is to hear these companies' views on safeguarding citizens' rights

Reliance Capital invites Nippon Life to buy 43% 2019-02-21 14:58:00The proposal to divest its entire holding in the mutual fund arm comes at a time when the group is under severe stress due to its huge debt pile and p

PTC Financial Services partners UKCI, DFID for India's 2019-02-21 14:57:00PFS separately raised a loan of Rs 1,000 crore from SBI for a 10-year tenure, linked to the marginal cost of funds-based lending rate

India's corn exports becoming unviable and uncompetitive on 2019-02-21 14:41:00The domestic starch industry has also voiced concerns over sub-optimal corn supply this season, owing to less-than-normal rainfall last year

President clears a uniform stamp duty system for 2019-02-21 14:32:00There is to be a coordination council to review or revise stamp duty rates

Tata Starbucks plans to improve sales, cut losses: 2019-02-21 14:15:00CEO Navin Gurnaney said the focus for the firm was on 'unit economics'

Tejas Mark 1A to fly by 2022, if 2019-02-21 14:04:00Hindustan Aeronautics executives call for quick decision, say building complex fighter from ground up requires three years.

EPFO hikes interest rate to 8.65%, move to 2019-02-21 13:34:00The EPFO now will be left with a surplus of Rs 151.67 crore by providing an interest of 8.65 per cent for the current financial year

MSEs are becoming more optimistic about their business 2019-02-21 12:43:00Firms also appear to be optimistic about their prospects in Q4FY19

Gadkari tweets on 'stopping' water sharing with Pakistan, 2019-02-21 12:37:00The government clarified that the minister was reiterating the government's stated policy on the issue

Parliamentary panel asks govt to make reports on 2019-02-21 12:31:00While the government claims that the reports had already been sent to the Standing Committee, some of its members disagree

RBI cut lending rate citing steady inflation, hoped 2019-02-21 12:19:00Under the chairmanship of Governor Shaktikanta Das, the committee voted four against two for a 25 basis point repo rate cut


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