The White House is considering former PepsiCo Inc Chief Executive Indra Nooyi, Treasury Department official David Malpass and Overseas Private Investment Corp CEO Ray Washburne among candidates to head the World Bank, an administration official said on Tuesday.
U.S. stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc’s plans to raise fees for U.S. subscribers and hopes of more stimulus for China’s slowing economy fostered a risk-on mood among investors.
Oil prices rose about 3 percent on Tuesday, along with world stock markets, supported by China’s plan to introduce policies to stabilize a slowing economy, reversing the previous session’s losses due to grim data in the world’s second-largest economy.
McDonald’s Corp has lost its rights to the trademark “Big Mac” in a European Union case ruling in favor of Ireland-based fast-food chain Supermac’s, a decision from the EU’s Spain-based Intellectual Property Office (EUIPO) showed.
Polydex Pharmaceuticals Ltd. (OTC: POLXF) CEO Interview with George Usher, discussing the company’s specialty chemical business which supplies dextran products to pharmaceutical manufacturers worldwide. Topics discussed include, overview of global market for dextran, […]
The top-performing U.S. growth fund managers of the last year are taking the recent slide in the U.S. stock market to add to their bets in companies they expect will continue to expand regardless of the direction of the overall economy.
Major world stock markets climbed on Tuesday, helped by hopes of more stimulus for China’s economy, while the euro declined against the U.S. dollar following weak German economic data.
U.S. discount retailer Payless ShoeSource Inc has hired an adviser to help evaluate strategic alternatives, including a sale or restructuring, less than 18 months after it emerged from bankruptcy, people familiar with the matter said on Tuesday.
U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database.
U.S. stocks rose on Tuesday as Netflix spurred a rally in technology and internet stocks and UnitedHealth posted strong results, while hopes of more stimulus for China’s slowing economy encouraged buying in risky assets.
Three former Barclays bankers cheated the global financial system to gain an unfair edge over counterparties in a five-year plot to rig Euribor interest rates, a London prosecutor alleged on Tuesday.
Fiat Chrysler Automobiles NV Chief Executive Mike Manley told Reuters on Tuesday he is open to partnerships to develop a new midsize pickup truck the automaker could sell in Latin America and other markets outside the United States to compete with models such as Ford Motor Co’s Thailand-built Ranger.
Wells Fargo & Co’s loan book shrank and revenue fell across all its major businesses last quarter, as the fourth-largest U.S. lender continued to work through the consequences of wayward sales practices at its consumer bank.
Delta Air Lines Inc posted a slight beat in fourth-quarter profit on Tuesday but warned of a decline in revenue growth this quarter and difficulties in introducing new aircraft because of the U.S. partial government shutdown.
The price of bonds and shares in PG&E Corp plummeted after the California power company failed to make a $21.6 million interest payment due Tuesday on its 2024 senior notes.
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