PVH Corp cut its full-year profit and revenue forecast on Wednesday, as the Calvin Klein owner sees pressure from the escalating trade tensions between the U.S. and China and the ongoing protests in Hong Kong.
Activist investor Carl Icahn on Wednesday opposed the appointment of two new directors picked by Chief Executive Officer Vicki Hollub for Occidental Petroleum Corp's board.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday the United States does not intend to intervene in currency markets for now, Bloomberg News reported.
PVH Corp cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong.
U.S. President Donald Trump will announce a plan to boost demand for biofuels within weeks, his secretary of agriculture said on Wednesday, as the administration seeks to assuage farmers angered by its expanded use of oil refinery waivers.
U.S. Agriculture Secretary Sonny Perdue ordered an investigation into widening prices between cattle and beef on Wednesday after a recent fire at a Tyson Foods Inc slaughterhouse in Holcomb, Kansas, shut the plant.
Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.
San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut, but said she believes acting early is better than waiting too long.
The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina's Treasury Ministry on Wednesday, an IMF spokesman said.
Tesla Inc said on Wednesday it was launching an insurance service designed to give drivers in California, its biggest market, lower rates because of safety features on its electric vehicles.
Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables.
Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables.
Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.
World stocks will keep rising over the coming year, according to the latest Reuters polls of strategists, but wild gyrations are likely in the lift from expected central bank policy easing and drag from developments in the U.S.-China trade war.
The Trump administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15, prompting hundreds of U.S. retail, footwear, toy and technology companies to warn of price hikes.