WASHINGTON (Reuters) – U.S. economic growth was less sluggish than previously thought in the second quarter as exports grew more than imports and businesses raised their investments, hopeful signs for the economic outlook.
WASHINGTON (Reuters) – At least five Wells Fargo employees have sued the bank or filed complaints with regulators alleging that they were fired after reporting the opening of customer accounts without their permission, according to a Reuters review of… Continue reading
(Reuters) – Sumner Redstone’s National Amusements, the majority shareholder of CBS Corp and Viacom Inc , said a merger of the two would offer substantial savings and that it would not support the acquisition of either company by a third party.
PARIS/FRANKFURT (Reuters) – Alarmed by the threat posed by Silicon Valley firms to their businesses in developing autonomous driving systems, it was evident at the Paris Motor Show this week that carmakers are seeking to fight back by cooperating in ar… Continue reading
ORLANDO, Fla. (Reuters) – A top U.S. Federal Reserve official said on Thursday he supported the U.S. central bank’s decision to leave interest rates unchanged at its policy meeting earlier this month until there was more evidence the economy is approac… Continue reading
WASHINGTON, Sept 29 (Reuters) – The number of Americans filing for unemployment benefits rose less than expected last week and held at relatively healthy levels that could support
TOKYO (Reuters) – All five bidders seeking to bail out Japan’s beleaguered Takata Corp have presented restructuring plans that require the air bag maker to file for bankruptcy protection, people with knowledge of the process told Reuters.
NEW YORK (Reuters) – The Federal Reserve and Bank of Japan’s actions last week have given a second wind to an alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns.
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Thursday it expects to have recovered more than 80 percent of recalled Galaxy Note 7 smartphones sold in South Korea by Oct. 1, when the firm plans to resume sales of the device in its home market.
ST. LOUIS (Reuters) – Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere i… Continue reading