Gap Inc said on Thursday it would separate its Old Navy brand into a publicly traded company, to focus on its struggling namesake apparel business, sending its shares up 18 percent.
Gap Inc said on Thursday it would separate its Old Navy brand into a publicly traded company, to focus on its struggling namesake apparel business, sending its shares up 18 percent.
Wall Street’s main indexes fell slightly on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and U.S.-China trade relations.
Wall Street’s main indexes fell slightly on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and U.S.-China trade relations.
Huawei Technologies ran a full page ad in major U.S. newspapers on Thursday urging readers not to believe “everything you hear,” about the Chinese tech firm, as it defends itself against government accusations its equipment can be used to spy.
Huawei Technologies ran a full page ad in major U.S. newspapers on Thursday urging readers not to believe “everything you hear,” about the Chinese tech firm, as it defends itself against government accusations its equipment can be used to spy.
Gap Inc said on Thursday it plans to spin off its Old Navy apparel business into a publicly traded company.
Tesla Inc halted https://www.tesla.com/soon orders for all its cars on its website on Thursday, ahead of a scheduled announcement from the electric carmaker’s Chief Executive Officer Elon Musk.
Wall Street’s main indexes fell slightly on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and U.S.-China trade relations.
Activist hedge fund Starboard Value LP followed Bristol-Myers Squibb Co’s second-largest investor, Wellington Management, in opposing the drugmaker’s $74 billion purchase of biotech Celgene Corp on Thursday, sowing further doubt on would be the largest pharmaceutical acquisition of all time.
American Airlines was fined $1 million and Delta Air Lines Inc $750,000 for violating federal rules barring lengthy tarmac delays at U.S. airports, the U.S. Transportation Department said on Thursday.
Global equities markets fell on Thursday as weak Chinese economic data and mixed messages on the progress of trade talks between China and the United States weighed on investor sentiment.
Wall Street’s main indexes went nowhere fast on Thursday with better-than-feared GDP data providing some support to counter the abrupt end to a U.S.-North Korean summit and ongoing concerns about earnings and U.S.-China trade relations.
U.S. President Donald Trump on Thursday warned he could walk away from a trade deal with China if it were not good enough, even as his economic advisers touted “fantastic” progress toward an agreement to end a dispute with the Asian country.
Venezuela’s oil exports sank 40 percent in the first full month after the beginning of U.S. sanctions designed to oust Socialist President Nicolas Maduro, according to data from state-run oil firm PDVSA and Refinitiv Eikon.
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