Wall Street ticks lower as Trump impeachment threat weighs
(Reuters) – U.S. stock indexes edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump more than offset gains in shares of Nike and…
Sprint probed over U.S. low-income subsidies; shares slide 3.3%
WASHINGTON (Reuters) – Sprint Corp (S.N) received tens of millions of dollars in government subsidies for 885,000 low-income subscribers who were not using the service, the Federal Communications Commission said…
Stocks fall as Trump impeachment talk grows; sterling up after Brexit ruling
NEW YORK (Reuters) – A gauge of global stocks fell for a third day on Tuesday as a push by some Democrats for the impeachment of U.S. President Donald Trump…
Asian shares edge lower as U.S. House readies Trump impeachment inquiry
TOKYO (Reuters) – Asian stocks fell on Wednesday after the U.S. lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the…
WeWork’s Neumann surrenders control, CEO role following investor revolt
(Reuters) – WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank Group Corp (9984.T) and other shareholders turned on…
Wall Street drops; Pelosi says to start formal impeachment inquiry
NEW YORK (Reuters) – U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop in a month as a push for the impeachment of…
Nike’s first quarter shines as direct-to-consumer push gains momentum
(Reuters) – Nike Inc’s (NKE.N) quarterly revenue and profit beat market expectations on Tuesday as a push to sell sneakers and apparels to consumers through its own stores and online…
Shares edge up after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on…
Wall Street mixed as Microsoft climbs and Apple dips
(Reuters) – Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and…
U.S. stock exchange competition to heat up in 2020 with new entrants
NEW YORK (Reuters) – At least three new U.S. stock exchanges are expected in 2020, executives from the companies said on Thursday, potentially lowering trading costs as the upstarts try…