GM offering buyouts to cut North American salaried staff
General Motors Co said on Wednesday it plans to cut its North American salaried workforce, starting with voluntary buyout offers but resorting to layoffs if necessary.
Wall Street opens higher on strong earnings
U.S. stocks opened higher on Wednesday and were set for a second day of gains at the end of a brutal month, as Facebook led a slew of encouraging earnings reports.
Birthday blues for bitcoin as investors face year-on-year loss
Bitcoin was heading towards a year-on-year loss on Wednesday, its 10th birthday, the first loss since last year’s bull market, when the original and biggest digital coin muscled its way to worldwide attention with months of frenzied buying.
Taco Bell, KFC power Yum Brands quarterly results
Yum Brands Inc beat Wall Street estimates for third-quarter revenue and profit on Wednesday, as strong sales at KFC and Taco Bell more than made up for further weakness at Pizza Hut, sending its shares up as much as 5 percent.
Private payrolls rise in October; wages surge in third quarter
U.S. private sector payrolls increased by the most in eight months in October, suggesting overall job growth accelerated this month after Hurricane Florence weighed on restaurant and retail employment in September.
GM sees strong full year, profit races past expectations
General Motors Co on Wednesday posted far higher-than-expected quarterly profit and said its full-year earnings would come in at the high end of its forecast due to strong demand in North America, driven by its new pick-up trucks.
GM profit races past expectations, sees strong full year
General Motors Co on Wednesday posted far stronger-than-expected quarterly profit and said its full-year earnings forecast would come in at the high end of its forecast due to strong demand in North America, driven by its new pick-up trucks.
Airbus in talks to unjam some HNA, Emirates deliveries: sources
Airbus faces new headaches delivering A330s to airlines tied to China’s cash-strapped HNA Group and is in separate talks with Emirates over the timing of undelivered A380 superjumbos.
Shares bounce as bulls fight back after brutal October
Stock markets bounced on Wednesday, bringing some relief after a brutal October in which equities have suffered one of their worst drops in a decade and spooked investors.
Anthem profit beats as insurer reins in costs
Anthem Inc reported quarterly profit that beat Wall Street estimates on Wednesday, helped by lower costs at its commercial insurance business and the company raised its full-year adjusted earnings forecast.
