With global markets flashing concern about the fallout from the U.S.-China trade war and the near-term strength of the American economy, U.S. President Donald Trump on Wednesday targeted Federal Reserve policy as the culprit for recent market turmoil.
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Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Focus and Fiesta cars in the United States and Canada after reports of problems with their six-speed transmission.
Austrian sensor specialist AMS plans to buy Osram Licht in a deal that would value the bigger, German group at 4.3 billion euros ($4.8 billion).
Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon.
Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years and hire dozens of bankers in Hong Kong and Singapore toward that goal, a senior executive of the lender said.
Sierra Nevada Corp, a privately owned defense contractor with spaceflight ambitions, said on Wednesday it picked United Launch Alliance's Vulcan rocket to launch its Dream Chaser space plane on cargo missions to the International Space Station.
Osram and AMS said on Wednesday that talks about a takeover of the German lighting group by the Austrian sensor maker were progressing.
Franklin Templeton fund manager Michael Hasenstab lost $1.8 billion on Monday due to the market slide in Argentina, according to the Financial Times.
Oil prices sank roughly 5% on Wednesday after disappointing economic data from China and Europe revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row.
Market declines don't have to be a horror show. Here's the upshot: Lower portfolio values make it cheaper to convert your IRA to a Roth IRA.
WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month.
China is asking that it and the United States remove all additional tariffs in line with a consensus reached between the two sides in Osaka, Japan, at the G20 summit at the end of June, the editor in chief of China's Global Times newspaper wrote on Wednesday.
China made no concessions to the United States after President Donald Trump postponed threatened tariffs on some Chinese imports until mid-December, senior U.S. officials said on Wednesday, adding that talks aimed at resolving the trade fight would continue and markets should be patient.
Forbes | Biser Dimitrov | Aug 13, 2019 2019 is the year when the blockchain ecosystem and the crypto industry as a whole had to get sober. After a wild 2017 and a bear 2018, the blockchain space is back on an upwards trajectory with new developments. There are no more Initial Coin Offerings (ICOs)