U.S. new home sales accelerate; lower mortgage rates a boost
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the…
Evans: Larger balance sheet may avoid future repo market problems
CHICAGO (Reuters) – Chicago Federal Reserve bank president Charles Evans said on Wednesday that the Fed may be able to…
Juul boss exits in vaping crisis as Philip Morris, Altria end merger talks
(Reuters) – The chief executive of e-cigarette maker Juul stepped down on Wednesday, with his company beset by a regulatory…
Evans says two rate cuts have Fed ‘well-positioned’ at this point
FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans visits the online music retailer Sweetwater, in Fort Wayne, Indiana, U.S.…
U.S. transport chief warns against mixed messages on Boeing’s 737 MAX
MONTREAL (Reuters) – U.S. Transportation Secretary Elaine Chao warned regulators on Wednesday against sending conflicting messages as they work to…
Exclusive: Boeing settles first Lion Air lawsuits for at least $1.2 million apiece – sources
CHICAGO/JAKARTA (Reuters) – Boeing Co (BA.N) has settled the first claims stemming from the crash of a Lion Air 737…
EBay CEO Devin Wenig steps down, cites differences with board
(Reuters) – EBay Inc (EBAY.O) Chief Executive Officer Devin Wenig stepped down on Wednesday, citing differences with the company’s recently…
Exclusive: GM and UAW union making progress in talks for new labor deal – sources
DETROIT (Reuters) – General Motors Co (GM.N) and the union that represents its 48,000 striking hourly workers in the United…
Saudi Arabia says consulting on next steps after attack, waiting for inquiry results
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
Saudi crude loadings fall in September after attacks: trackers
LONDON (Reuters) – Saudi Arabia’s crude exports dropped steeply following the Sept. 14 attacks and remain lower month-on-month, according to…
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…
GM and UAW union making progress in talks for new labor deal: sources
DETROIT (Reuters) – General Motors Co (GM.N) and the union that represents its 48,000 striking hourly workers in the United…
Ford self-driving cars to launch in Austin in 2021
FILE PHOTO: A visitor is reflected as he takes pictures of a new Ford Aspire car during its launch in…
Elliott renews call to split Marathon Petroleum
(Reuters) – Elliott Management Corp on Wednesday renewed its demand for Marathon Petroleum Corp (MPC.N) to split into three companies,…
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…
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…
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…
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,…
Chipotle faces more labor complaints at New York City stores
NEW YORK (Reuters) – Chipotle Mexican Grill Inc is facing fresh claims that it violated New York City’s labor laws…
UAW-GM picket lines become 2020 U.S. presidential campaign battleground
DETROIT/WASHINGTON (Reuters) – Democratic presidential candidate Bernie Sanders is scheduled to join United Auto Workers members on a picket line…
Oil drops to lowest since Aramco attacks after Trump scolds China
HOUSTON (Reuters) – Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks 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…
Smith & Wesson parent fails to win support for CEO pay raise
(Reuters) – In a rare case of shareholder pushback, Smith & Wesson parent American Outdoor Brands Corp (AOBC.O) on Tuesday…
U.S. lawmakers propose $1 billion fund to replace Huawei equipment
WASHINGTON (Reuters) – A U.S. House panel unveiled bipartisan legislation this week that would authorize $1 billion for small and…
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…
Hydrogen hurdles: a deadly blast hampers South Korea’s big fuel cell car bet
SEOUL (Reuters) – Aiming to cash in on a major push by South Korea to promote fuel cell vehicles, Sung…
As Thomas Cook customers return home, blame game begins
LONDON/NEW YORK (Reuters) – Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses…
Trump’s China trade rhetoric turns harsh at U.N., says won’t take ‘bad deal’
UNITED NATIONS (Reuters) – U.S. President Donald Trump delivered a stinging rebuke to China’s trade practices on Tuesday at the…
Huawei CFO fighting U.S. extradition says her rights were violated
VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued…
Robert Hunter, Grateful Dead’s poetic lyricist, dead at 78
Robert Hunter, the man behind the poetic and mystical words for many of the Grateful Dead’s finest songs, has died…
Jurors convict Iowa farmer in corn rake killing of wife
A jury Monday convicted an eastern Iowa hog farmer of using a corn rake to kill his wife, agreeing with…
FDA proposes rule over record-keeping for vape makers
(Reuters) – The U.S. Food and Drug Administration on Friday issued a proposed rule for e-cigarette makers, requiring them to…
U.S. scientists join effort to solve mysterious vaping-related illnesses
CHICAGO (Reuters) – The U.S. investigation into hundreds of cases of life-threatening lung illnesses related to vaping has turned up…
Congo to deploy second Ebola vaccine
GOMA, Democratic Republic of Congo (Reuters) – Health authorities in Democratic Republic of Congo said on Saturday that they plan…
School nixes game over cheerleaders’ Trump banner
Officials in a North Carolina school district have canceled a game at a high school where cheerleaders were placed on…
U.S. House speaker: Drug pricing plan should be priority for White House
WASHINGTON (Reuters) – House Democrats’ plan to help lower the cost of medicines should be a priority for the White…
Video games more often blamed when school shooters are white
(Reuters Health) – In the wake of school shootings, people are more likely to blame violent video games for the…
Neurotoxin may have caused diplomats’ illness in Cuba: study
HAVANA (Reuters) – Fumigation against mosquitoes in Cuba and not “sonic attacks” may have caused some 40 U.S. and Canadian…
Democratic presidential candidate Buttigieg unveils health plan
WASHINGTON (Reuters) – Democratic presidential candidate Pete Buttigieg on Thursday unveiled his plan to reform the U.S. healthcare system by…
Trump signs order aimed at development of better flu vaccines
FILE PHOTO: U.S. President Donald Trump walks to address the media before boarding Marine One for a trip to New…
Republican, Democratic lawmakers launch caucus to ‘End the Youth Vaping Epidemic’
FILE PHOTO: Senator Richard Durbin (D-IL) speaks to reporters as he arrives for a vote on Capitol Hill in Washington,…
Trump says he likes a Republican drug bill after Democratic alternative unveiled
FILE PHOTO: U.S. President Donald Trump boards Air Force One as he departs Washington for travel to New Mexico from…
U.S. Speaker Pelosi unveils drug price plan, Trump welcomes it
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi, a Democrat, proposed legislation on Thursday to let the federal government negotiate…
Trian and P&G highlight activist-corporate collaboration after ‘fog of war’
NEW YORK (Reuters) – Eighteen months after officially burying the hatchet in one of America’s most bitter proxy contests, Procter…
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…
Military strike against Iran would result in ‘all-out war’: Zarif
DUBAI (Reuters) – Any U.S. or Saudi military strike against Iran would bring “all-out war”, Tehran said on Thursday, keeping…
Beyond Meat names former Tesla executive as COO
FILE PHOTO: A giant digital display shows Beyond Meat (BYND) listed on the NASDAQ stock exchange during the company’s IPO…
Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China
(Reuters) – U.S. and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade…
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…
House Democrats ask if Trump interfered in DOJ automaker antitrust probe
WASHINGTON (Reuters) – Two U.S. Democratic lawmakers on Thursday asked the White House to turn over documents that would show…
Burger King scraps plastic toys in children’s meals, launches amnesty
(Reuters) – Burger King will stop handing out plastic toys in its children’s meals and said on Thursday it was…
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…
Explainer: U.S.-China trade talks – where they are and what’s at stake
WASHINGTON (Reuters) – Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to…
Parole board weighs release of woman in texting suicide case
Massachusetts officials are weighing whether to grant early jail release for Michelle Carter, the woman currently imprisoned for urging her…
Electric vehicle startup Rivian gets a jolt from big Amazon.com van order
DETROIT (Reuters) – Electric vehicle startup Rivian Automotive LLC got a big boost from one of its investors on Thursday…
Huawei talks up own apps with Mate 30 challenge to Apple, Samsung
MUNICH (Reuters) – Huawei unveiled its new smartphones to challenge Apple’s (AAPL.O) iPhone 11 on Thursday, talking up slick design…
Shares of Ping Identity jump 25% in U.S. market debut
Ping CEO Andre Durand celebrates the IPO of Ping on the floor of the New York Stock Exchange in New…
Embattled Facebook CEO Zuckerberg seeks to mend fences in Washington
WASHINGTON (Reuters) – Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday…
Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions…