Google asks U.S. Supreme Court to end Oracle copyright case
Alphabet Inc’s Google on Thursday asked the U.S. Supreme Court to reverse a ruling that resurrected a billion-dollar copyright case brought by Oracle Corp that dates to 2010.
J.P. Morgan pares U.S. first quarter GDP view to 1.75 percent
J.P. Morgan economists reduced their outlook for U.S. economic growth in the first quarter to 1.75 percent from 2.00 percent as the partial U.S. government shutdown has stretched to a second month for the longest one ever, they said on Thursday.
Stocks meander, bonds up after ECB, U.S.-China trade talk
Stocks flitted between positive and negative territory on Thursday while U.S. Treasuries were in demand after the European Central Bank chief said economic growth was likely to be weaker than previously expected and the United States was cautious on pr…
‘Maddening’ U.S. shutdown hangs over airlines even as profits beat
Three major U.S. airlines said on Thursday the U.S. government partial shutdown had not yet had a major financial impact but a tipping point might be near.
S&P 500, Dow sag on trade worries, chipmakers lift Nasdaq
The S&P 500 and the Dow edged lower on Thursday as lingering anxieties about slowing global growth and unresolved trade disputes kept buyers at bay, but chipmakers rallied to push the Nasdaq into the black.
Airbus threatens to shift work if Britain leaves EU with no deal
Airbus warned on Thursday it could shift future wing-building out of Britain in the absence of a smooth exit from the European Union, predicting “potentially very harmful decisions” for its British operations in the event of a ‘no-deal’ Brexit.
Deutsche Bank queried by U.S. House panels on Trump ties
Deutsche Bank AG has received an inquiry from two U.S. House of Representatives committees on the lender’s ties to President Donald Trump, it said on Thursday.
Exclusive: NYC Transit stops Bombardier deliveries until problems fixed
New York City Transit will stop taking new train car deliveries from Bombardier Inc until it fixes existing cars, as the Canadian aerospace and transportation company faces pressure to improve performance at its rail unit, its largest division by reve…
GM to invest $22 million in Tennessee plant
General Motors Co said on Thursday it will invest $22 million at its Tennessee plant to build fuel-efficient engines.
Oil edges higher on Venezuela turmoil, but weighed by U.S. crude stock build
Oil prices rose on Thursday, boosted by the U.S. threat of sanctions on OPEC member Venezuela, but gains were limited by U.S. data showing record high gasoline inventories and an unexpected big build in crude.
