Carmaker Rolls-Royce urges UK’s May to avoid a hard Brexit
Carmaker Rolls-Royce called on the British government to avoid a disorderly Brexit and said it was building up some stock, expanding warehouse capacity and training suppliers for customs changes in case Britain leaves the EU without a deal.
Exclusive: Sears Chairman Lampert submits new roughly $5 billion bid for retailer – sources
Sears Holding Corp Chairman Eddie Lampert submitted a revised roughly $5 billion takeover bid for the company on Wednesday, people familiar with the matter said, boosting the chances that the U.S. department store operator will escape liquidation.
Bed Bath & Beyond forecasts 2019 profit ahead of estimates, shares jump
Home furnishing retailer Bed Bath & Beyond Inc on Wednesday reported a better-than-expected quarterly profit and forecast earnings for 2019 above Wall Street estimates, sending its shares up 16 percent in extended trading.
Skydance hires ousted Disney animation head John Lasseter
U.S. film production company Skydance Media on Wednesday named Walt Disney Co’s former animation head and co-founder of Pixar, John Lasseter, as head of its animation division.
In Beijing talks, U.S. seeks details on Chinese goods purchases, trade promises
U.S. officials used three days of trade talks in Beijing to demand more details on China’s pledge to make big purchases of American goods, as well as to push for ways to hold China to any commitments on changes to industrial policies.
Stocks boosted by U.S.-China trade hope, oil prices soar
Stocks around the world extended recent gains and oil prices jumped on Wednesday on optimism the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war and its possible impact on global growth.
Wall Street extends rally as chipmakers rebound
Wall Street rallied for a fourth session on Wednesday, propelled by Apple, chipmakers and other trade-sensitive stocks after signs of progress in trade talks between the United States and China.
Bed Bath & Beyond posts better-than-expected profit, shares soar
Home furnishing retailer Bed Bath & Beyond Inc on Wednesday reported a better-than-expected quarterly profit, bolstered by its online business, and forecast earnings for 2019 above Wall Street estimates.
Fed policymakers say U.S. rate hikes can wait, for now
U.S. Federal Reserve policymakers say they will wait to deliver more interest rate hikes until they have a better handle on whether slowing global growth and financial market volatility will undercut an otherwise solid U.S. economic outlook.
Skydance hires ousted Disney animation head Lasseter
U.S. film production company Skydance Media on Wednesday named Walt Disney Co’s former animation head and co-founder of Pixar, John Lasseter, as head of its animation division.
