Oil markets move little with industry in grip of Caribbean hurricanes
SINGAPORE (Reuters) – Oil prices were little changed on Friday as the international petroleum industry remains in the grip of Caribbean hurricanes which have pummeled the region for the last two weeks.
Asian shares steady, dollar slumps on ECB’s tapering signal
TOKYO (Reuters) – Asian shares edged up on Friday as investors kept a wary eye on another U.S. storm, while the dollar skidded after European Central Bank chief Mario Draghi suggested the bank may begin tapering its massive stimulus program this autum…
DraftKings, FanDuel to pay $2.6 million to resolve Massachusetts probe
BOSTON (Reuters) – Massachusetts Attorney General Maura Healey announced a settlement on Thursday in which fantasy sports companies DraftKings Inc and FanDuel Inc will pay a combined $2.6 million to resolve a probe of what she called unfair and decepti…
TransCanada may abandon Energy East pipe facing tougher review
CALGARY, Alberta (Reuters) – TransCanada Corp seeks to suspend the application for its Energy East pipeline for 30 days and may abandon the project, the company said on Thursday, weeks after Canada’s National Energy Board (NEB) announced a tougher rev…
Wall St. ends flat as media stocks slump, healthcare gains
(Reuters) – Wall Street ended little changed on Thursday after a moderate late-day rally as media stocks, which slumped on negative business updates from Walt Disney and Comcast, were offset by gains in healthcare shares.
Disney, Comcast shares fall on disappointing forecasts
(Reuters) – Shares of Walt Disney Co and Comcast Corp tumbled on Thursday after Disney warned of stagnant earnings and No. 1 cable operator Comcast forecast more subscriber losses.
Wall St. slips as media stocks, Hurricane Irma weigh
(Reuters) – Wall Street edged lower on Thursday as media stocks weighed after negative business updates from Walt Disney and Comcast and as another powerful storm neared the United States.
Whirlpool’s washer battle with Samsung, LG heats up at trade hearing
WASHINGTON (Reuters) – Appliance giant Whirlpool Corp on Thursday called on the U.S. International Trade Commission to impose “global safeguard” restrictions on imported washing machines to stop its South Korean rivals Samsung and LG from flooding the…
Amazon opens bidding to cities for $5 billion ‘HQ2’, a second headquarters
(Reuters) – Amazon.com Inc said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and incentives that could bring 50,000 new jobs.
VW eyes sale of assets accounting for 20 percent of revenues: WSJ
FRANKFURT (Reuters) – Volkswagen is actively working on deals to sell non-core assets accounting for as much as 20 percent of the German carmaker’s annual revenues, The Wall Street Journal quoted its chief executive as saying on Thursday.
