Business RSS

-A A +A
Subscribe to Business RSS feed Business RSS
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 28 min 53 sec ago

J.Crew CEO James Brett steps down after short tenure

5 hours 44 min ago
J.Crew Group Inc, known for its preppy men's and women's clothing, said on Saturday that its Chief Executive Officer James Brett is leaving the company, effective immediately.

German transport minister wants to welcome Uber, others by 2021

18 hours 55 min ago
Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday.

S&P 500 buybacks set another quarterly record: S&P Dow Jones

Fri, 11/16/2018 - 7:19pm
S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break above $200 billion in buybacks for the quarter, according to an S&P Dow Jones Indices analysis.

Regulator 'stunned and terrified' after causing PG&E stock surge

Fri, 11/16/2018 - 6:16pm
The chief of California's top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes.

Burke to replace Dungey as ABC Entertainment chief

Fri, 11/16/2018 - 5:47pm
Karey Burke will replace Channing Dungey as president of Walt Disney's ABC Entertainment, the company said on Friday.

Bombardier CEO meets investors as stock dives 20 percent

Fri, 11/16/2018 - 5:20pm
Bombardier Inc's top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and train maker's shares down 20 percent, sources familiar with the matter said.

California regulator stunned by impact of his reassurance on PG&E

Fri, 11/16/2018 - 5:13pm
The chief of California's top utilities regulator said on Friday he was "stunned and terrified" to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes.

Gubitosi seen as favorite to become Telecom Italia CEO: sources

Fri, 11/16/2018 - 4:57pm
Veteran Italian manager Luigi Gubitosi is seen ahead in the race to become the new chief executive of Italy's biggest telecoms group Telecom Italia (TIM) , two sources familiar with the matter said.

Oil edges up in volatile session but falls for sixth straight week

Fri, 11/16/2018 - 4:56pm
Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices fell for the sixth straight week amid global oversupply concerns.

PG&E shares rebound as regulator soothes bankruptcy fear

Fri, 11/16/2018 - 4:35pm
The head of California's top utilities regulator said on Friday that utilities must be able to borrow money cheaply in order to properly serve ratepayers, affirming comments about PG&E Corp that sent its stock surging 37 percent.

S&P, Dow advance on trade optimism; Nvidia sinks Nasdaq

Fri, 11/16/2018 - 4:34pm
The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp dragged down the Nasdaq.

Dollar, U.S. yields slide on Fed official rate talk

Fri, 11/16/2018 - 4:28pm
The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties.

Bombardier CEO meets investors as stock dives 21 percent

Fri, 11/16/2018 - 3:42pm
Bombardier Inc's top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and train maker's shares down 23 percent in afternoon trading, two sources familiar with the matter said.

Wall Street advances on trade optimism; Nvidia, Facebook lag

Fri, 11/16/2018 - 3:31pm
The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods.

Dollar falls as Fed officials ring note of caution, pound bounces

Fri, 11/16/2018 - 3:30pm
The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal.

Trump says U.S. may not impose more tariffs on China

Fri, 11/16/2018 - 3:01pm
U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list.

Delta adds 10 A330neo in boost to Airbus' slow-selling jet

Fri, 11/16/2018 - 2:24pm
U.S. carrier Delta Air Lines said on Friday it ordered 10 Airbus A330neo long-haul jets, reinforcing its position as the first U.S. airline to operate the upgraded jet and lending its influential support to a slow-selling model.

Google Cloud names Thomas Kurian to replace CEO Diane Greene

Fri, 11/16/2018 - 2:13pm
Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc's Google in the coming weeks, Greene announced in a blog post on Friday, after a tumultuous year for the business.

S&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq

Fri, 11/16/2018 - 1:50pm
The S&P 500 swung between gains and losses on Friday following conflicting reports on a U.S. trade deal with China, while weakness in chipmaker Nvidia weighed on the Nasdaq.

PG&E shares, debt rebound as regulator soothes bankruptcy fear

Fri, 11/16/2018 - 1:46pm
Shares of embattled utility PG&E Corp surged 37 percent on Friday as fears it could be bankrupted by potential liability from California's deadliest-ever wildfire were assuaged by signs of support from a regulator.

Pages