Insurer AIG’s quarterly loss narrows on reinsurance benefit
American International Group Inc reported a smaller quarterly loss on Wednesday as reinsurance pacts helped offset steep catastrophe losses in Japan and North America.
Asia starts new month up on strong Wall Street after brutal October
Asian stocks rose on Thursday as bruised investor sentiment got some relief from another robust Wall Street session, while the pound rallied on a report Britain has secured a deal that would give its financial services firms continued access to Europea…
Wall St. ends last day of haunted October in the black
U.S. stocks rebounded for a second day on Wednesday as investors snapped up beaten-down technology and internet favorites and strong company results lifted spirits, even as the S&P 500 closed out its worst month in seven years.
VW and Ford in talks on self-driving and electric vehicles: source
Volkswagen AG and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter.
Wall Street closes out brutal month with tech-led gains
U.S. stocks rebounded for a second day on Wednesday, as investors snapped up beaten-down technology and internet favorites and strong company results lifted spirits, even as the S&P 500 closed out its worst month in seven years.
Wall Street jumps as tech bounces back at end of blistering month
U.S. stocks rebounded for a second day on Wednesday, as investors snapped up beaten-down technology and internet favorites and strong company results lifted spirits after equities had been spooked this month.
Federal Reserve unveils proposal to ease regulations for larger banks
The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses.
Hyundai, Kia Motors to develop new solar charging tech for vehicles
Hyundai Motor Co and its affiliate Kia Motors Corp are planning to launch a solar charging technology for some Hyundai vehicles to meet global emission regulation targets, the South Korean automakers said on Wednesday.
Tech resurgence, earnings lift mood at end of brutal month
U.S. stocks rose for a second day on Wednesday, as investors snapped up beaten-down technology favorites and strong results for General Motors and a host of other companies lifted spirits at the end of a torrid month for global equities.
U.S. Supreme Court divided over Google privacy settlement
U.S. Supreme Court justices, in an internet privacy case involving Google, disagreed on Wednesday over whether to rein in a form of settlement in class action lawsuits that awards money to charities and other third parties instead of to people affected…
