Trade optimism lifts stocks, but 2018 ends in red
NEW YORK (Reuters) – Equities around the world rose on Monday as possible progress in resolving the trade dispute between the United States and China engendered some investor optimism in…
After damaging Reuters report, J&J doubles down on talc safety message
NEW YORK/LOS ANGELES (Reuters) – Johnson & Johnson Inc’s statement was unequivocal. FILE PHOTO: Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York October 15,…
Wall Street rises, limps across the finish line of a turbulent year
NEW YORK (Reuters) – Wall Street advanced in low-volume trading on Monday as revelers gathered to ring in 2019, marking the end of the worst year for U.S. stocks since…
Exclusive: Netflix poaches CFO from Activision Blizzard – source
The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. REUTERS/Mike Blake/File Photo (Reuters) – Netflix Inc is expected to announce in the next few…
Wall Street rally pauses, but stocks mint weekly gain
(Reuters) – The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains for the first time in December following a wild few…
Defensive stocks top 2019 playbooks
NEW YORK (Reuters) – Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of year-ahead investment recommendations each December, are emerging as top picks…
Sears Chair Lampert makes $4.4 billion bid to keep retailer alive
(Reuters) – Sears Holdings Corp Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation and laying off tens…
Japan court extends Ghosn detention by 10 days
FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends a press conference on the second press day of the Paris auto show, in Paris, France, October 3,…
Exclusive: Global traders halt new Iran food deals as U.S. sanctions bite – sources
LONDON/DUBAI (Reuters) – Cargill, Bunge and other global traders have halted food supply deals with Iran because new U.S. sanctions have paralyzed banking systems required to secure payments, industry and…
Lab-grown diamond prices slide as De Beers fights back
LONDON (Reuters) – Since De Beers abandoned its decades-old policy of refusing to sell lab-grown diamonds as jewelery, the price gap between man-made stones and natural gems has widened –…