Indexes decline for third day as healthcare, energy fall
Wall Street’s main stock indexes fell for a third session on Wednesday as healthcare and energy shares slumped and investors sought reasons to buy after the market’s strong rally to start the year.
In Canadian court, Huawei CFO’s lawyer raises Trump comments on case
The lawyer for Huawei Technologies’ Chief Financial Officer Meng Wanzhou told a Canadian court on Wednesday that he has concerns allegations against her have a political character and raised U.S. President Donald Trump’s comments on the case.
Amazon to close all 87 U.S. pop-up stores: WSJ
Amazon.com Inc is closing all 87 of its pop-up stores in the United States, the Wall Street Journal reported on Wednesday, citing a company spokeswoman.
Last Chevrolet Cruze in Ohio built amid GM restructuring
General Motors Co said the last Chevrolet Cruze rolled off the assembly line Wednesday afternoon at its Lordstown, Ohio, assembly plant, the first of five plants in North America to end production this year and ending U.S. production of the Cruze.
Global stocks stay flat, Canadian dollar weakens
A gauge of global stocks sputtered for a third straight session on Wednesday, unable to build on a jump in Chinese equities, while the Canadian dollar weakened after a dovish turn by the Bank of Canada.
Wall Street falls for third day as healthcare, energy slump
Wall Street’s main indexes fell for a third session on Wednesday as healthcare and energy shares slumped and investors sought reasons to buy after the market’s strong rally to start the year.
Trump says China trade talks moving along well
U.S. President Donald Trump said on Wednesday that trade talks with China are moving along well.
Tariffs, government shutdown weigh on still-growing economy: Fed
Slowing global growth and the 35-day partial federal government shutdown weighed on the U.S. economy in the first weeks of 2019, but it continued growing amid still-tight labor markets, the Federal Reserve reported on Wednesday.
Exxon Mobil CEO sets plan to boost spending; shares slide
Exxon Mobil Corp plans to boost capital spending for several years, CEO Darren Woods said on Wednesday, and the largest U.S. oil company’s shares fell after he laid out a strategy to “lean in” while the rest of the industry cuts back.
U.S. extends time for divestment from sanctioned Russian company GAZ
The U.S. Treasury said on Wednesday it was extending by four months the deadline for investors to divest from Russian automaker GAZ, a company linked to Russian tycoon Oleg Deripaska that Washington sanctioned over Russia’s “malign activity.”
