Kroger doubtful about turnaround targets, shares fall
Supermarket chain operator Kroger Co on Thursday raised doubts about its profit targets from an ongoing turnaround plan, sending its shares down as much as 6%.
Supermarket chain operator Kroger Co on Thursday raised doubts about its profit targets from an ongoing turnaround plan, sending its shares down as much as 6%.
A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.
Germany could enjoy a windfall of 5 billion euros or more this year as record-low bond yields slash its borrowing costs, three people familiar with Berlin's budget planning told Reuters on Thursday.
U.S. stocks gained in morning trading on Thursday after the United States delayed scheduled tariff hikes on billions worth of Chinese imports, and the European Central Bank launched a stimulus drive to boost the ailing euro zone economy.
German bond yields and the euro rebounded on Thursday and European banking shares were whipsawed as doubts crept in about the effectiveness of the ECB's decision to cut interest rates and pledge an indefinite supply of asset purchases.
European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump.
One new estimate pegs the Social Security cost-of-living adjustment at 1.6% next year. That means the average benefits would go up by about $23.40 per month.
Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac , becoming the first of 16 financial services companies to settle litigation by investors.
The United States has raised its concerns with Gulf allies over a possible security risk in using Huawei's technology for their 5G mobile infrastructure, U.S. officials said on Thursday.
Trump's spending bill offers a path to loan forgiveness for some people.
Nesta UK | Rosalyn Old and Johnathan Bone | Sep 4, 2019 Earlier in May 2019, Nesta commissioned a report called 'Taking Ownership: Community Empowerment through Crowdfund Investments' that looked at how community-led projects have the power to transform local areas socially, economically and environmentally and how institutions such as local governments, municipal authorities and
Google agreed to pay a 500 million euro ($548 million) fine in France to settle a fiscal fraud probe that began four years ago, the financial prosecutor's office said on Thursday.
Wall Street's main indexes hit a session high on Thursday after a report that said President Donald Trump's advisers were considering offering an interim deal to China that would delay or potentially roll back some U.S. tariffs on Chinese goods.
A driver for Uber has sued the company for misclassifying its drivers as independent contractors, hours after California legislators voted to help thousands of those workers become, and enjoy the benefits of being, employees.
The International Monetary Fund is continuing talks with Argentina as authorities there try to stem a spiraling debt crisis in Latin America's third-largest economy, IMF spokesman Gerry Rice told reporters on Thursday.