WASHINGTON: US home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an obstacle to continued strong ......
Third-generation Philadelphia oil refinery worker Lee Murray wore his late father's hard hat every day of the 25 years he spent there.
Netflix Inc acknowledged pressure from Disney+ after the company reported its quarterly results. But executives largely brushed off the long-term global impact of rivals that also include Apple, Comcast Corp's NBCUniversal and AT&T Inc.
Renault on Wednesday said that France's anti-corruption agency was carrying out checks at the firm, confirming a French media report, though a source at the carmaker said the inspection was a routine matter.
DAVOS, Switzerland: US President Donald Trump on Wednesday (Jan 22) threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn't agree to a trade deal. Trump has previously made threats to place duties on European automobile imports, with the intent of receiving ......
Semiconductor equipment maker ASML Holding NV on Wednesday forecast double digit growth in sales and profits for 2020, saying it did not expect any financial impact from being swept up in the trade war between the United States and China.
Boeing Co's bill for the 737 MAX grounding could balloon to more than US$25 billion, analysts estimated on Wednesday, a day after the U.S. planemaker warned of further delay in returning its once best-selling jet to service.
European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros (US$2.22 billion), three sources told Reuters.
REUTERS: Sonos Inc is facing a social media firestorm after the wireless speaker pioneer decided to stop software updates for some of its older products. Hours after the company made the announcement on Tuesday, customers went on Twitter using the trending hashtag #SonosBoycott and tagging the ...
REUTERS: U.S. stock index futures pointed to fresh highs for the S&P 500 on Wednesday, as investors took heart from China's efforts to contain a deadly virus outbreak, while strong results from IBM and Netflix boosted earnings optimism. Wall Street's main indexes slipped from record highs on ...
