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Saudi prince agrees to Khashoggi case investigation as Turks search consulate
Saudi Arabia's crown prince agreed on Tuesday there must be a thorough investigation into the disappearance of journalist Jamal Khashoggi, the United States said, after media reports that Riyadh will acknowledge he was killed in a botched interrogation.
Posted on : 2018-10-16 23:31:25
Dell maintains plans to go public despite Icahn opposition
Dell Technologies Inc said on Tuesday it was sticking to its plans to go public by buying back its tracking stock, a day after activist investor Carl Icahn opposed the move.
Posted on : 2018-10-16 23:28:11
Instacart valued at $7.6 billion after latest funding round
Grocery delivery startup Instacart on Tuesday said it has raised $600 million in its latest funding round, adding to its war chest as it competes against heavyweights like Amazon.con Inc and valuing the company at $7.6 billion.
Posted on : 2018-10-16 23:27:06
Venezuela seeks banking services in Asia, Europe: official
Venezuela is seeking to open bank accounts in Asia and Europe to carry out hard currency transactions, Economy Vice President Tareck El Aissami said on Tuesday, amid U.S. financial sanctions that have made foreign commerce complicated for the OPEC member.
Posted on : 2018-10-16 23:16:38
Lyft selects JPMorgan, Credit Suisse for IPO in 2019: source
Ride-hailing company Lyft Inc has chosen JPMorgan Chase & Co, Credit Suisse and Jefferies as underwriters for its initial public offering, slated for the first half of 2019, according to a person familiar with the matter.
Posted on : 2018-10-16 23:14:56
U.S. industrial output rises; job openings at record high
U.S. industrial production increased for a fourth straight month in September, boosted by gains in manufacturing and mining output, but momentum slowed sharply in the third quarter.
Posted on : 2018-10-16 22:46:38
Activist investor Icahn takes stake in Dollar Tree: NY Post
Billionaire activist investor Carl Icahn is accumulating a significant stake in discount chain Dollar Tree Inc, the New York Post reported on Tuesday.
Posted on : 2018-10-16 22:45:03
Global Markets: Stocks rebound with earnings in focus; oil little changed
Stocks bounced back on Tuesday across the world, supported by strong earnings expectations, while oil prices were wobbly as evidence of higher U.S. production was overshadowed by a tighter global supply outlook as Iran prepares for U.S. sanctions.
Posted on : 2018-10-16 22:43:32
U.S. judge approves SEC settlement with Tesla, Musk; shares jump
A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors.
Posted on : 2018-10-16 22:41:49
ArcelorMittal factory in Spain evacuated after fire
A fire broke out at an ArcelorMittal factory in northern Spain on Tuesday, prompting an evacuation but causing no injuries, the world's largest steel producer said on Twitter.
Posted on : 2018-10-16 22:10:09
U.S. Senate will not vote on new North America trade pact in 2018: McConnell
The U.S. Senate's top Republican said on Tuesday that senators will not vote to approve a revised North American trade pact in 2018, leaving the issue to the next Congress.
Posted on : 2018-10-16 21:52:06
Walmart warns it will 'test a lot, fail a lot;' cuts profit forecast
Walmart Inc's chief executive officer on Tuesday urged investors to rethink the company's business, touting its various tech investments to grow online sales at a time it is battling Amazon.com for market share.
Posted on : 2018-10-16 21:48:37
Oil steady as growth in U.S. supplies faces lower Iran exports
Oil prices were little changed on Tuesday as concerns about tightening global supplies ahead of U.S. sanctions on Iran faced higher U.S. shale production and inventories.
Posted on : 2018-10-16 21:36:09
J&J beats profit estimates, lifts outlook on pharma unit strength
Johnson & Johnson reported slightly better-than-expected third quarter profit and raised its full-year forecast on Tuesday as increased demand for cancer drugs and immune disorder treatments powered strong results for its pharmaceutical unit.
Posted on : 2018-10-16 21:25:08
Investors gloomiest on world growth in decade, cut US equity holdings: BAML poll
Global investors have the most pessimistic outlook on the world economy since the 2008 financial crisis, according to Bank of America Merrill Lynch's monthly survey, which also showed a sharp fall in U.S. equity allocations.
Posted on : 2018-10-16 21:22:28
Strong blue-chip results power Wall Street rally
The three main Wall Street indexes rose more than 1 percent on Tuesday as upbeat earnings from blue-chips such as Johnson & Johnson and Goldman Sachs eased jitters over the impact of rising interest rates and tariffs on corporate profits.
Posted on : 2018-10-16 21:21:08
U.S. judge approves SEC settlement with Tesla, shares jump
A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors.
Posted on : 2018-10-16 20:55:30
Tough markets hit BlackRock results; shares slump 4 percent
BlackRock Inc's quarterly revenue fell short of Wall Street's expectations on Tuesday as the world's biggest asset manager reported its lowest sales of equity, bond and other long-term investments since the second quarter of 2016.
Posted on : 2018-10-16 20:53:44
Walmart warns investors it will 'test a lot and fail a lot;' cuts profit forecast
Walmart Inc's chief executive officer on Tuesday urged investors to rethink the company's business, touting its various tech investments to grow online sales at a time it is battling Amazon.com for market share.
Posted on : 2018-10-16 20:51:19
Uber IPO proposals value company at $120 billion: WSJ
Ride-hailing giant Uber Technologies Inc could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday.
Posted on : 2018-10-16 20:46:13
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