Shares of recently listed Lyft Inc fell to a fresh low and closed the day down almost 11 percent on Wednesday on news that rival Uber Technologies Inc was close to filing its own initial public offering.
WASHINGTON: Federal Reserve members are split between optimism and caution, with some saying an interest rate hike may be still appropriate later this year but others believing they should stand pat, or even cut rates, according to the minutes of last month's policy meeting Wednesday (Apr 10) ...
U.S. stocks opened slightly higher Wednesday after a bout of selling on trade and growth concerns, with investors awaiting minutes from the Federal Reserve's latest meeting and the start of the corporate earnings season.
NEW YORK: Wall Street stocks finished higher on Wednesday (Apr 10) after Federal Reserve meeting minutes suggested no shift in the central bank's dovish tilt. The Dow Jones Industrial Average eked out a modest gain of 6.58 points (0.03 per cent) at 26,157.16. The broad-based S&P 500 advanced 10 ...
Prosecutors are planning to file criminal charges against Brazil's miner Vale SA and its employees over the collapse of a mine-waste dam in January that killed hundreds of people, the Wall Street Journal reported, citing the lead investigator.
U.S. grain trader Archer Daniels Midland Co said on Wednesday it will open a voluntary retirement window for North American employees and may eliminate individual positions as part of restructuring of specific areas.
COLORADO SPRINGS: With constellations of thousands of telecommunication mini satellites expected to orbit Earth in the near future, the risk of space-debris collisions will grow. For Nobu Okada, it's an opportunity. The 46-year-old Japanese entrepreneur founded the start-up Astroscale in Singapore ...
WASHINGTON: There is no "arbitrary deadline" to conclude the US-China trade talks, US Treasury Secretary Steven Mnuchin said on Wednesday (Apr 10), a week after President Donald Trump said the talks were due to take another month. "We're not going to set an arbitrary deadline," Mnuchin told CNBC ......
Carlos Ghosn's defense lawyers filed their second appeal against his latest detention on Wednesday, Kyodo news reported, as the ousted chairman of Nissan Motor Co seeks a formal explanation for his re-arrest.
WASHINGTON: Rising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned on Wednesday (Apr 10). While the concerns "aren't all setting off alarm bells just yet," ...
