Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the firm following a violation of the company's "relationships at work policy," the world's largest asset manager said in an internal memo on Thursday.
The Victoria, Canada-based company rallied after its trial for drug voclosporin posted positive efficacy and safety results.
Some surprising high-end items, such as expensive skin care, are eligible for flex spending accounts.
General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities.
China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.
Here are the biggest calls on Wall Street on Thursday.
The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a fall in imports of consumer goods hinted at a slowdown in domestic demand.
Luxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.
Wall Street's main indexes opened higher for the second straight session on Thursday on brighter hopes of a preliminary trade deal between the United States and China.
DUBAI/RIYADH Reuters) - State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, three sources told Reuters, raising $25.6 billion and overtaking China's Alibaba to achieve the world's biggest stock market flotation.
Discount store operator Dollar General Corp raised its full-year profit forecast on Thursday after reporting its best quarterly same-store sales rise in nearly five years, benefiting from a wider selection of products and revamped stores.
The Victoria, Canada-based company rallied after its trial for drug voclosporin posted positive efficacy and safety results.
United Airlines UAL.O on Thursday named insider Scott Kirby as its chief executive officer to succeed Oscar Munoz, who will take the role of executive chairman in May 2020.
BP is increasing its stake in solar energy developer Lightsource BP to 50% from 43% and is aiming for rapid growth over the next few years, the two companies said on Thursday.
Goldman also added the stock to the firm's conviction buy list.