(Reuters) – American Airlines Group Inc reported a better-than-expected quarterly profit as fuel costs fell and the world’s largest airline said it would defer taking delivery of 22 Airbus planes to be able to adjust capacity according to demand.
NEW YORK (Reuters) – General Electric Co on Friday reported weak demand for new oil, gas and transportation equipment, raising concerns about its full-year performance and sending its shares down as much as 2.8 percent.
LONDON (Reuters) – Britain’s economy is shrinking, the broadest survey of business confidence since last month’s historic vote to quit the European Union showed on Friday, leading finance minister Philip Hammond to pledge a loosening of purse strings i…
BEIJING (Reuters) – MasterCard Inc hopes to apply this year to become a payment service provider in China after the government opened the market, but the company is still weighing whether to do so alone or with a partner, senior executives said on Fri…
SEOUL (Reuters) – Volkswagen will suspend sales of most of its vehicle models in South Korea from July 25, as pressure builds on the German automaker over its falsified emissions tests.
(Reuters) – Syngenta, the world’s largest pesticides maker being taken over by state-owned ChemChina, still expects the deal to close this year despite concerns that U.S. regulators could throw a spanner in the works, it said on Friday.
SAN FRANCISCO/NEW YORK (Reuters) – U.S. companies, facing investors in their first profit reporting season since Great Britain voted to leave the European Union, are broadly conceding that the so-called “Brexit” could weigh on earnings.
SAN FRANCISCO (Reuters) – Silicon Valley investor Peter Thiel, the only big-name supporter of Donald Trump from the country’s technology hub, spoke on Thursday at the Republican National Convention to urge the country to discard petty cultural battles …
SEOUL/HONG KONG (Reuters) – Tech giant Samsung Electronics Co Ltd said on Friday it sued Huawei Technologies Co Ltd [HWT.UL] for patent infringements through multiple courts in China, escalating a legal conflict between the smartphone rivals.
CLEVELAND (Reuters) – Along a cobblestoned row of restaurants near the Cleveland arena hosting this week’s Republican National Convention, the crowds on the sidewalk were shoulder to shoulder.
(Reuters) – Goldman Sachs Group Inc will start marketing a new corporate buyout fund of $5 billion to $8 billion, its first such fund since the 2008 financial crisis, according to a source familiar with the matter.
LONDON (Reuters) – Shares fell on Friday after soft U.S. corporate results pulled Wall Street back from record highs, and sterling slumped as the first snapshot of the UK economy since the vote last month to leave the European Union painted a bleak pic…
NEW YORK (Reuters) – Health insurer Aetna Inc , whose $33 billion purchase of Humana Inc has been spurned by the U.S. government, faces a tough but not impossible legal battle to try to reinstate the deal.
NEW YORK (Reuters) – A federal bankruptcy judge on Thursday narrowed a $905 million lawsuit filed by the trustee seeking money for Bernard Madoff’s victims against executives who ran a now-defunct Florida accounting firm that had close ties to the swin…
(Reuters) – U.S. teen retailer Aeropostale Inc plans to challenge in court private equity firm Sycamore Partners’ claims as a creditor in its bankruptcy, according to a transcript from a court hearing held this week that was seen by Reuters.
NEW YORK (Reuters) – The U.S. government asked a federal appeals court on Thursday to block the release of a report detailing how HSBC Holdings Plc is working to improve its money laundering controls after the British bank was fined $1.92 billion.
(Reuters) – Visa Inc , the world’s largest payments network operator, reported a higher-than-expected quarterly profit and announced a $5 billion share buyback program.
(Reuters) – Starbucks Corp reported quarterly cafe sales growth that fell short of expectations in all major markets as customers made fewer visits, sending its shares down almost 3 percent on Thursday.
(Reuters) – Boeing Co’s second-quarter results will include more than $2 billion in charges related to the 787, 747 and KC-46 tanker aircraft programs, the aerospace and defense company said on Thursday.
NEW YORK/LOS ANGELES (Reuters) – Roger Ailes on Thursday resigned as chairman and chief executive of Fox News Channel following allegations of sexual harassment, an abrupt end to his 20-year rein over America’s most lucrative and powerful cable news ch…
NEW YORK (Reuters) – An Arab-American family whose business and personal bank accounts were closed in 2014 without explanation can sue JPMorgan Chase for racial discrimination, a federal judge in Detroit has ruled.
(Reuters) – Chipotle Mexican Grill Inc reported a bigger-than-expected drop in quarterly comparable sales as food giveaways and enhanced safety measures failed to bring back diners shaken by a string of food-borne illnesses last year.
(Reuters) – JPMorgan Chase and Co is expected to pay about $200 million to settle criminal and civil probes over its Asian hiring practices, according to a person familiar with the matter.
LONDON (Reuters) – HSBC is reviewing a past investigation of forex trades after the arrest on Tuesday night of a senior manager in New York for alleged fraud, according to a source familiar with the matter.
WASHINGTON (Reuters) – General Motors Co said on Thursday it may be forced by U.S. regulators to recall another 4.3 million vehicles for potentially defective Takata air bag inflators, a call-back that would cost the U.S. automaker $550 million.
(Reuters) – ExxonMobil Corp said on Thursday it would buy InterOil Corp for more than $2.5 billion in stock, adding a gas field to expand exports from Papua New Guinea and better positioning it to meet Asian demand for liquified natural gas.