Equifax, reeling from hack, still has no earnings report date
NEW YORK (Reuters) – Equifax Inc is running out of time to schedule its first quarterly results report since the massive breach that exposed sensitive data on 145.5 million people and erased more than $4 billion of the credit reporting firm’s market v…
Uber and Barclays team up to compete in U.S. card rewards war
(Reuters) – Uber Technologies Inc and a unit of Barclays plc are teaming up to offer a rewards-enriched credit card in the United States through the ride-service company’s mobile phone app.
Apple disputes Bloomberg report that it reduced Face ID accuracy
(Reuters) – Apple Inc disputed a report by Bloomberg News on Wednesday that it recently allowed suppliers to reduce the accuracy of the iPhone X’s facial recognition system to speed output of the phone.
Tax plan worries, tepid earnings halt rally
(Reuters) – Wall Street’s benchmark S&P 500 index was headed for its worst loss in seven weeks on Wednesday, with downbeat corporate earnings and contradicting signals on Republican plans for a popular retirement scheme weighing on sentiment.
Deutsche Bank to pay $220 million in U.S. Libor probe
(Reuters) – Deutsche Bank AG has agreed to pay $220 million to settle U.S. regulatory charges that it defrauded government and nonprofit entities by manipulating Libor and other benchmark interest rates.
Deutsche Bank to bolster asset management with Sal. Oppenheim ops: source
FRANKFURT (Reuters) – Deutsche Bank plans to integrate parts of its Sal. Oppenheim subsidiary into its asset management division ahead of that division’s planned spin-off, a person familiar with the matter told Reuters.
U.S. business spending on equipment robust, new home sales surge
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods increased more than expected in September and shipments rose for an eighth straight month, pointing to robust business spending that should help to mitigate the impact on the economy fro…
U.S. House speaker says tax plan entering most difficult phase: Reuters interview
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Paul Ryan said on Wednesday that Republican plans to enact sweeping tax cuts are entering their choppiest waters as corporate lobbyists try to pressure lawmakers to protect tax breaks.
Lackluster earnings cool Wall St. rally
(Reuters) – Wall Street’s rally paused on Wednesday after the latest bunch of earnings from companies, including AT&T and Boeing, failed to impress investors.
U.S. durable goods data suggests strong business equipment spending
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods increased more than expected in September and shipments rose for an eighth straight month, pointing to robust business spending that should help to mitigate the impact on the economy fro…
