Fidelity follows rivals in cutting online trading commissions to zero
Fidelity Investments on Thursday eliminated commissions on online trades of U.S. stocks, exchange traded funds (ETFs) and options, becoming the latest brokerage to cut trading fees to compete with new entrants in the market.
Delta looks at faster hiring to meet ‘surprise’ demand, costs rise
Delta Air Lines hopes to speed up the hiring of pilots, flight attendants, reservation and airport staff after “surprise” demand growth fueled better-than-expected third-quarter profit, Chief Executive Ed Bastian told Reuters.
Renault board to meet, as CEO skirts departure reports
Renault’s CEO Thierry Bollore skirted the matter of his potential exit from the firm in a conversation with staff on Thursday, two company sources said, as the carmaker said it was calling a board meeting on Friday to discuss governance matters.
Chinese vice premier arrives at USTR offices for high-level trade talks
U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer greeted Chinese Vice Premier Liu He on the steps of the USTR office on Thursday for the highest-level trade talks between the two countries since late July.
Wall Street set to open weaker as focus turns to high-level U.S.-China trade talks
Wall Street’s main indexes were set to open lower on Thursday, as top negotiators from the United States and China meet for the first time since late July to try to hammer out a deal to end the 15-month long trade war.
U.S. consumer inflation muted; labor market tightening
U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.
WeWork India seeks new backers after talks with local bank collapse
WeWork’s India franchise has seen talks with existing backer ICICI Bank on $100 million in new funding break down since The We Company’s botched stock market launch and is in discussions on raising $200 million from other investors, the venture’s chie…
No-deal Brexit tariffs would be unsustainable for Nissan in Europe
No-deal Brexit tariffs of 10% on cars would be unsustainable for Nissan in Europe, where the carmaker’s operations include a British and Spanish plant, the Japanese firm warned on Thursday.
U.S. weekly jobless claims unexpectedly fall
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains on solid footing even as hiring is slowing in tandem with a moderation in economic growth.
Nissan to start building new Juke car at UK plant as Brexit looms
Nissan said it will begin making the next-generation Juke vehicle at Britain’s biggest car plant on Monday, just over two weeks before a possible no-deal Brexit which the industry has warned could bring production to a halt.
