The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” – a move that will make it much more difficult for the telecom giant to buy parts and components from U.S. companies.
The film studio once run by Harvey Weinstein said it plans to liquidate in bankruptcy, as it tries to resolve civil lawsuits against former officers and directors arising from sexual misconduct claims against the onetime Hollywood mogul.
U.S. stocks closed higher on Wednesday as reports that U.S. President Donald Trump would hold off on imposing tariffs on imported cars and parts eased growth concerns even as economic data disappointed investors.
The Weinstein Co said in court papers on Tuesday that it aims to liquidate the remainder of it holdings to end the bankruptcy of the film studio co-founded by one-time Hollywood mogul Harvey Weinstein.
American International Group Inc shareholders should vote against compensation packages for top executives at the insurer’s annual meeting next week, according to two advisory firms that hold sway over investor votes.
Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.
Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.
The United States is close to resolving a dispute over steel and aluminum tariffs with Canada and Mexico, U.S. Treasury Secretary Steven Mnuchin said on Wednesday, but Canada’s foreign minister avoided direct comment on the prospects for a deal.
After the stock market rallied at the end of April, some investors are still looking for a big payout. Here is a list of the five top penny stocks to watch in May.
While the stock market can still produce gains, they may not be enough, or you could miss them. In the last month, both the S&P 500 and Nasdaq hit record highs in the wake of some positive economic news and some better-than-expected corporate earnings reports.
Whether you didn’t make enough in that rally or missed it completely, there is still money to be made on Wall Street. And some …read more […]
The U.S.-China trade war is hurting the U.S. ethanol industry “badly,” Mike Dwyer, chief economist of the U.S. Grains Council, said on Wednesday at an event at New York Sugar week:
Cisco Systems Inc reported quarterly earnings above analysts’ estimates on Wednesday, boosted by growth in its traditional business of selling switches and routers, as well as strength in its focus areas such as cyber security.
Louis Vuitton has won the dismissal of a lawsuit by a California toy company that accused the French luxury goods maker of trying to interfere with its sales of a poop-shaped toy purse for children, Pooey Puitton.
U.S. and European stock indexes gained on Wednesday after news that U.S. President Donald Trump planned to delay tariffs on auto imports, offsetting earlier pressure on equities from weak U.S. and Chinese economic data that helped depress bond yields.
The chief executive of European missile maker MBDA is returning to Airbus as head of strategy as the planemaker seeks to modernize its factories and explore future options in defense.
Boeing Co made mistakes with its 737 MAX planes that need to be addressed, Southwest Airlines Co Chief Executive Officer Gary Kelly told shareholders on Wednesday, but he said he is still hopeful that the jets grounded after two crashes will return to service in the U.S. summer.
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