JPMorgan’s private bank expands business in Mexico: regional CEO
JPMorgan Chase & Co’s private bank is expanding in Mexico and elsewhere in Latin America, the unit’s regional CEO said on Wednesday, as wealth creation and political changes bolster the sector’s prospects.
Citadel’s Griffin buys New York condo for record $238 million
Ken Griffin, the billionaire founder of hedge fund Citadel, has paid $238 million for a penthouse condominium overlooking Manhattan’s Central Park, a spokesman for Griffin said on Wednesday, in a deal that sets a record for a U.S. home sale.
Boeing says prolonged government shutdown could hurt business: CNBC
Boeing Co has warned that a prolonged U.S. government shutdown could hurt its business as well as the broader aviation industry, CNBC reported on Wednesday, citing an emailed statement from the plane-maker.
Boeing’s flying car lifts off in race to revolutionize urban travel
Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world’s largest planemaker bids to revolutionize urban transportation and parcel delivery services.
Overseas losses drag down Ford fourth-quarter results
Ford Motor Co on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except North America weighed on results.
Wall Street edges higher as upbeat earnings dampened by trade, shutdown woes
Wall Street ended slightly higher on Wednesday after a spate of upbeat earnings reports, but lingering concerns about trade tensions and the longest U.S. government shutdown ever limited the advance.
Stocks seesaw, dollar off; global, U.S. worries weigh
The MSCI global stock index ended Wednesday’s choppy trading session with a small gain as worries over U.S. politics, global economic growth and trade tensions were countered by a boost from quarterly earnings reports.
Verizon cuts 7 percent of jobs in media unit
Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday.
Lawyers suing Fiat Chrysler in U.S. diesel case seek over $100 million
Lawyers representing owners of Fiat Chrysler diesel vehicles told a U.S. judge they are seeking up to $106.5 million in legal fees and out-of-pocket costs in connection with a settlement over excess vehicle emissions, but they are in talks to finalize …
Facebook takes steps to prevent removed pages from duplicating content
Facebook Inc will make changes to better prevent users who have had their organization’s pages removed for violating its rules from using duplicate pages to continue the same activity, it said on Wednesday.
