Category Archives: Business News

SAN FRANCISCO/WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) picked America’s financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C. The world’s largest online retailer plans to spend $5 billion on the two new developments […]

NEW YORK (Reuters) – Wall Street’s major indexes fell on Monday, with the S&P 500 weighed by technology and financial stocks as shares of Apple Inc (AAPL.O) and Goldman Sachs Group Inc (GS.N) came under pressure. A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November […]

WASHINGTON (Reuters) – When Democrats take control of the U.S. House they plan to investigate the Trump administration’s attempt to block AT&T Inc (T.N) from acquiring Time Warner, and whether officials sought to punish Amazon.com Inc (AMZN.O) by prodding the U.S. Post Office to hike shipping prices for the world’s largest e-commerce company, a senior […]

A statue of the China International Import Expo (CIIE)’s mascot is placed in front of a building hanging advertisement of Bank of China, at the venue for the expo in Shanghai, China November 2, 2018. Picture taken November 2, 2018. REUTERS/Stringer SHANGHAI (Reuters) – Around $57.83 billion worth of deals were agreed for the year […]

WINNIPEG, Manitoba/NEW YORK (Reuters) – A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States, drawing praise on Friday from environmental groups and a rebuke from President Donald Trump. The ruling of a U.S. Court in Montana late on Thursday […]

NEW YORK (Reuters) – The S&P 500 extended its losses slightly on Thursday afternoon after a Federal Reserve statement, and energy stocks led the declines as oil prices fell. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 7, 2018. REUTERS/Brendan McDermid The U.S. central bank said […]

SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd (005930.KS) unveiled its much-anticipated foldable phone at a conference for developers in San Francisco on Wednesday, urging Android programmers to start writing apps for the product. Justin Denison, Samsung Electronics senior vice president of Mobile Product Marketing, speaks during the unveiling of Samsung’s new foldable screen smart […]

NEW YORK (Reuters) – Stock markets edged up on Tuesday, with trading thin in the United States, while the dollar and Treasury yields held steady as Americans went to the polls in pivotal midterm elections that could shift the balance of power in Congress. Traders work on the floor of the New York Stock Exchange […]

NEW YORK (Reuters) – Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. A pumpjack is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. […]