Asian stocks rally as Mideast tensions ease, oil retreats
Asian stocks rebounded on Thursday and oil beat a retreat, as the United States and Iran backed away from the brink of further conflict in the Middle East and investors reversed their safety plays.
Japan justice minister calls Ghosn’s accusations ‘absolutely intolerable’
Carlos Ghosn’s accusations against Japan’s legal system are “absolutely intolerable”, Justice Minister Masako Mori said on Thursday, firing back at the auto executive-turned-fugitive shortly after his highly anticipated media appearance in Beirut.
Uber stops upfront ride pricing in response to California worker law
Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response to a new law that makes it harder to qualify its drivers as contractors.
Tesla’s market value zooms past that of GM and Ford – combined
For the first time, Tesla Inc’s stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co .
Walmart opened 134 stores in Mexico in 2019, biggest expansion in six years
Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly 5%, the retailer said Wednesday.
Wall Street rises but ends well off day’s highs amid renewed Middle East jitters
U.S. stocks ended higher on Wednesday, but the day’s uneven path showed investors’ sensitivity to any signs of turmoil in the Middle East, with stocks rising on comments by President Donald Trump and paring gains on reports of blasts in Baghdad.
U.S. outlines strong support for self-driving cars at CES
The Trump administration on Wednesday signaled strong support for self-driving vehicles as it released new guidance from federal agencies at the annual CES tech conference.
Oil slides, stocks soar as Mideast conflict worries fade
Oil prices tumbled and equity markets soared on Wednesday after U.S. President Donald Trump said an Iranian missile strike on bases in Iraq had not harmed American troops and damage was minimal, showing Tehran wanted to de-escalate the Middle East stan…
Wall Street rises but pares gains as Middle East concerns persist
U.S. stocks ended higher on Wednesday after comments by President Donald Trump eased fears of an all-out conflict in the Middle East, but the market sharply pared gains late in the session following reports of blasts in Baghdad.
Deere bets on cost cuts, services push to boost profits
Deere & Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable.
