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Reuters: Business News

Canadian official's email saying 737 MAX software must New! 2019-11-22 17:20:00An email sent by an official at Transport Canada urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects "working-leve

U.S. banks cram for Fed risk test, with New! 2019-11-22 17:08:36New quarterly data from the biggest U.S. banks suggest that some will need to back away from short-term lending markets by year-end to avoid triggerin

Trump vague about whether he will veto bills New! 2019-11-22 16:51:51U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike

Trump says administration to take 'good look' at New! 2019-11-22 16:51:51President Donald Trump said on Friday his administration would take a "good luck" at a Hong Kong bill that passed the U.S. Congress nearly unanimous

Wall Street Weekahead: Conditions may be set for New! 2019-11-22 16:34:52A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the sta

Wall Street rises with U.S.-China trade mood, upbeat New! 2019-11-22 16:33:28Wall Street advanced on Friday as both Washington and Beijing made positive comments on the potential for a trade deal between the world's two bigges

Dollar, global shares gain on Xi, Trump remarks New! 2019-11-22 16:14:07The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and

EU countries back tough line on 5G suppliers New! 2019-11-22 15:55:52EU countries on Friday endorsed a tough line for selecting 5G suppliers, including vetting the domestic legal framework to which they are subjected, p

Shattered glass: Futuristic design questioned after Tesla Cybertruck New! 2019-11-22 15:25:55Tesla Inc's launch of its futuristic Cybertruck pickup suffered a setback when its "armored glass" windows shattered, but it was the overall look

Exclusive: Chevron CEO plans major cost-cutting overhaul of New! 2019-11-22 15:21:49Chevron Corp Chief Executive Michael Wirth is preparing sweeping changes at the No. 2 U.S. oil and gas company that would cut costs and streamline op

Exclusive: UniCredit clinches deal to cut exposure to New! 2019-11-22 15:20:36UniCredit has struck a deal to reduce its exposure to Turkey's Yapi Kredi , three sources told Reuters, a move seen as a first step toward the Itali

Boeing's top communications official to retire as 737 New! 2019-11-22 15:05:55Boeing Co's head of corporate communications, Anne Toulouse, elected to step down from her role and would retire next year, the world's largest pla

L.A. Times - Business

Romaine lettuce recalled nationwide due to E. coli New! 2019-11-22 17:22:33Consumers nationwide are urged to avoid romaine lettuce from California's Salinas Valley after a multistate outbreak of E. coli infections.

Actor Billy Campbell parts with longtime home in New! 2019-11-22 17:01:00Actor Billy Campbell of "Dynasty" and "The Rocketeer" fame has sold his longtime home in Pacific Palisades for $3.5 million.

Ne-Yo gets his price and more for Sherman New! 2019-11-22 16:06:58R&B singer Ne-Yo has sold his home in Sherman Oaks for $2.075 million, or $76,000 more than the asking price.

'The Doctors' host Andrew Ordon sells Lake Arrowhead New! 2019-11-22 15:44:08Andrew Ordon, longtime host of "The Doctors," has sold his scenic retreat in Lake Arrowhead for $2.2 million.

Want to live at Disneyland? Disney plans an New! 2019-11-22 15:02:43The Disneyland-adjacent timeshare project will have 350 units and will be built next to the Disneyland Hotel.

Former Dodger Gary Sheffield gets his price for New! 2019-11-22 14:08:14Nine-time All-Star slugger Gary Sheffield has sold his two-story home in Tampa, Fla., for his full asking price of $1.9 million.

Mel Brooks' former coastal cottage sells for $5 New! 2019-11-22 12:21:25The former Hamptons home of comedy icon Mel Brooks and his late wife, actress Anne Bancroft, just sold for $4.995 million after two weeks on the marke

EVs have a sales problem. One possible solution: New! 2019-11-22 09:00:44A growing number of carmakers will arrive at the L.A. Auto Show with battery powered or plug-in hybrid SUVS and crossover utility vehicles.

SoCalGas shouldn't be using customer money to undermine New! 2019-11-22 09:00:38The company has been charging California ratepayers for some contributions to pro-natural gas advocacy groups.

Southern California home sales jump for second month, New! 2019-11-22 09:00:26Southern California home prices rose 1.9% in October, as the market heated up slightly.

Top sales: Handbag mogul Bruce Makowsky cut a New! 2019-11-22 08:30:33Bruce Makowsky's $94-million deal in Bel-Air was L.A. County's priciest home sale in October.

It's all about desire on HGTV's 'Hot Properties: New! 2019-11-22 08:00:43As money pours into the high-end market, shoppers are looking for a down-to-earth lifestyle rather than than a flashy showplace.


US services companies growth rebounds in October 2019-11-05 10:00:00Measures of sales, new orders and employment all rebounded from the previous month.

The trade deficit got smaller in September as 2019-11-05 08:30:00The U.S. international trade deficit was forecast to narrow to $52.20 billion in September from $55 billion in August, according to economists polled

China presses Trump to remove more tariffs in 2019-11-04 22:00:00The fate of the Dec. 15 China tariffs is being considered as part of negotiations and a potential signing trip this month.

US GDP rose a better-than-expected 1.9% in the 2019-10-30 08:30:00The growth in GDP was slightly slower than in the second quarter as business investment declined.

Private payrolls increase by 125,000 in October, topping 2019-10-30 08:15:00Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month.

Weekly mortgage demand is flat as interest rates 2019-10-30 07:07:00Higher mortgage rates give homeowners little incentive to refinance their home loans

Third-quarter economic growth is expected to be a 2019-10-29 16:16:00Third quarter growth is expected to come in at a weakish 1.6%, with the biggest hits from slowing business investment.

The Fed is expected to cut rates, but 2019-10-29 15:01:00The Fed is widely expected to cut interest rates on Wednesday, but what it says about future moves could have a big impact on markets.

US consumer confidence dips in October, misses expectations 2019-10-29 10:00:00U.S. consumer confidence dipped slightly in October as worries over business conditions and employment prospects ticked up.

Pending home sales rise 1.5% in September, thanks 2019-10-29 10:00:00Pending home sales, which measure signed contracts to buy existing homes, rose for the second straight months. Realtors credit low mortgage rates, des

Home price gains heat up in August but 2019-10-29 09:00:00Home prices rose 3.2% in August, up from the 3.1% gain in July, according to the S&P CoreLogic Case-Shiller National Home Price Index.

Fed to cut rates again, but other economic 2019-10-29 07:00:00The latest CNBC Fed Survey finds concerns over recession, monetary policy and worries about future economic policy.

NYT > Economy

Fed Unlikely to Cut Rates Again Unless Economy 2019-11-20 15:31:25Minutes of the Federal Reserve’s last policy meeting reinforced the central bank’s message that it may be done cutting rates barring econo

How FedEx Cut Its Tax Bill to $0 2019-11-19 06:27:29The company, like much of corporate America, has not made good on its promised investment surge from President Trump’s 2017 tax cuts.

Trump Meets With Fed Chair Powell for a 2019-11-18 16:12:15The president has made a habit of criticizing the chair of the Federal Reserve, Jerome H. Powell, whom he picked to lead the central bank.

For Start-Ups, Cash Is King (Again) 2019-11-17 18:44:15Some are preparing for a potential downturn by cutting spending and raising money earlier than planned. Just as they did before.

Warren Would Take Billionaires Down a Few Billion 2019-11-16 18:19:34Elizabeth Warren’s tax proposals would significantly curb the gigantic fortunes of America’s richest families over time.

Subzero Interest Rates Are Luring Insurers to Risk 2019-11-14 12:39:22Usually the most strait-laced of investors, insurance companies are letting loose to gain some income, drawing the attention of regulators.

Fed Chair Paints Rosy Economic Picture but Says 2019-11-13 16:00:15In testimony before Congress, Jerome Powell also suggested the Fed can test the labor market’s limits.

As Push for Higher Minimum Wages Grows, New 2019-11-13 10:27:01Fed research suggested higher minimum wages did not cost jobs in border counties. Industry-level analysis and real-life stories back that up — w

In Data Journalism, Tech Matters Less Than the 2019-11-13 09:00:12Ben Casselman, an economics reporter, uses a programming language called R and works with vast data sets. But he says interviews still make for the be

The SoftBank Effect: How $100 Billion Left Workers 2019-11-12 14:26:17SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents aro

How Bad Is China’s Debt? A City Hospital 2019-11-11 00:30:53The city of Ruzhou spent big, then used its health care workers to raise money, as local governments look for ways to keep the economy going.

Why the Fed, Long Reticent, Has Started to 2019-11-08 17:56:07Severe weather carries economic and financial stability risks, officials say. The nation’s top economic authority is paying attention.

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Finance commission chief Singh blasts frequent tinkering with New! 2019-11-22 08:52:49He also pitched for a rationalisation in Centrally- sponsored schemes, and blamed the government for not clearly defining the role of the Niti Aayog

Tata Motors, Yes Bank and Vedanta to move New! 2019-11-22 08:48:48Besides, UPL Ltd and Dabur India will find a place in the S&P BSE Sensex 50, replacing Indiabulls Housing Finance and Yes Bank.

Food regulator slaps notice on McDonald's for 'irresponsible New! 2019-11-22 08:36:11A full page advertisement by McDonald's in newspapers had said, "Stuck with Ghiya-Tori Again? Make the 1 1 Combo you love".

Maharashtra govt formation LIVE: Uddhav to lead govt New! 2019-11-22 08:35:32Maharashtra government formation LIVE updates: Shiv Sena, NCP, Congress alliance - likely to be christened 'Maha Vikas Aghadi' -may be formally anno

Railways to outsource onboard services, no large-scale privatisation New! 2019-11-22 08:18:26In reply to a query in the Rajya Sabha, the ministry said that while private players will be allowed to run trains, the responsibility of its safety l

Moratorium on spectrum payment, tariff hike won't offset New! 2019-11-22 07:55:42The Supreme Court had on October 24 ruled that non-telecom revenues will be included while calculating statutory dues towards the government

MoS Railways says Rs 4,093 cr allocated to New! 2019-11-22 07:48:03On a specific query on when the Hajipur-Mohua rail line was started, he said it was started almost 14 years ago but has been pending for some reasons.

Airtel files review petition in SC for waiver New! 2019-11-22 07:34:08Review petitions are to be filed within a month of original decision which came on October 24

Gotabaya Rajapaksa vows snap election, appoints interim Cabinet New! 2019-11-22 07:10:44Sri Lanka's existing parliamentary term ends next August, and the Constitution allows the president to dissolve the legislature in March and go for a

Realme X2 Pro review: More bang for the New! 2019-11-22 07:00:40From premium design to top-notch specs, the Realme X2 Pro has all you seek in a midrange flagship. On parameters like display, multimedia, imaging and

Govt awaits Labour ministry's verdict on modifying consumer New! 2019-11-22 06:14:33On a supplementary question on when outstanding dues to Andhra Pradesh will be released, Tomar gave an assurance that no pendency of dues relating to

MARKET WRAP: Sensex slips 216 pts as IT New! 2019-11-22 05:44:06All that happened in markets today.


Ubisoft Partners with Blockchain Distribution Platform 2019-11-21 16:02:16 Thus, Ubisoft has become the first top gaming company to bolster its UOS blockchain, as a corporate block producer.

LG Partners with Kakao's Subsidiary to Expand Blockchain 2019-11-21 14:01:26 Both companies agreed to build mutually compatible infrastructure.

The Block: Binance Closes Office in Shanghai After 2019-11-21 12:23:47 Cryptocurrency exchange Binance has closed its office in Shanghai after a raid by law enforcement agencies.

Margin Trading: 6 Secrets of Bitcoin Millionaires 2019-11-21 09:56:20 A significant amount of Bitcoin millionaires have built their fortunes by utilizing margin trading to translate the cryptocurrency’s volatility

Monex Subsidiary Launches Crypto Brokerage Platform 2019-11-21 08:30:24 A subsidiary of the Japanese financial services firm Monex Group has just launched a crypto brokerage platform.

Mining Firm Canaan Raises $90M during its IPO 2019-11-21 06:25:22 Chinese crypto mining device maker Canaan has just gone public.

Binance Acquires Indian Crypto Exchange WazirX 2019-11-21 04:51:04 Binance has just acquired the Indian trading platform in order to offer its services to more than 1 billion users in the country.

Bitcoin.com Announces $200M BCH Fund 2019-11-20 16:52:26 Details of the fund are yet to clarified but bitcoin.com reports the fund will allow institutional investors to join the fund.

National Gendarmerie is Using Tezos to Validate Expenses 2019-11-20 14:17:15 The new program allows C3N to acquire cryptocurrency from Europol-allocated funds in order to cover operational costs.

Ripple Partners with Oxford Foundry 2019-11-20 12:42:16 As the announcement states, students will be given the opportunity to learn how to code in Python and build smart contracts.

Chinese Companies Launch $1B Blockchain Investment Fund 2019-11-20 11:35:09 The fund goal is to invest in and digitally transform a bank.

What Will It Take for DEXs to Compete 2019-11-20 10:30:00 Decentralized exchanges, which emerged to replace traditional centralized ones, are struggling to achieve their goal.

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