The rally in U.S. equities took a pause and the strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partner currencies, after a steep slide in the Japanese yen called into question its safe-haven status.
U.S. department store operator Sears has reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management LP, as it tries to stabilize after bankruptcy, people familiar with the matter said on Thursday.
Morgan Stanley's takeover of brokerage E*Trade Financial Corp reflects a more relaxed regulatory mood in Washington, but it is still a gamble in an election year that will see Democrats continue to shine a spotlight on Wall Street excesses, said analysts.
Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a $600 million share buyback, sending its shares up 11% in trading after the bell.
T- Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms and were looking to close the deal as early as April 1.
Airbus SE plans to invest between 500 million euros and 1 billion euros ($539 million-$1.08 billion) this year on its A220 passenger jet program, Chief Executive Guillaume Faury said on Thursday at the company's A220 factory in Canada.
New Mexico Attorney General Hector Balderas on Thursday filed a lawsuit against Alphabet Inc's Google, alleging that it acquired personal information from school children in the state violating their privacy rights.
British entrepreneur Richard Branson will unveil the "Scarlet Lady" on Friday, a 60,000 tonne cruise liner complete with a tattoo studio and yoga deck aimed at drawing in a younger generation of holiday-makers.
The U.S. government expects China to honor its commitments to buy more U.S. goods under a trade deal signed by the world's two largest economies in January despite the fast-spreading coronavirus outbreak, a senior U.S. official said on Thursday.
Airbus SE plans to invest between 500 million euros and 1 billion euros ($539 million-$1.08 billion) this year on its A220 passenger jet program, Chief Executive Guillaume Faury said on Thursday at the company's A220 factory in Mirabel, just outside Montreal.
Asian shares were cast adrift on Friday as fears over the creeping spread of the coronavirus sent funds fleeing to the sheltered shores of U.S. assets, lofting the dollar to three-year highs.
T-Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBank, while leaving the offer to other shareholders unchanged.
New Mexico Attorney General Hector Balderas on Thursday sued Alphabet Inc's Google search engine, alleging that its educational software collects young students' personal information without the required parental consent.
Telus Corp could cut 5,000 jobs and C$1 billion in investments over the next five years if the Canadian telecom operator is forced to slash prices by 25% or open its network to wireless resellers, The Globe and Mail reported https://tgam.ca/39JGaRY on Thursday.
Oil prices fell on Friday with fears for fuel demand growing as the coronavirus epidemic that originated in China spread further beyond the country, while major crude producers stood pat on taking early action to cut output to support the market.