VW board to discuss brand overhaul on November 4: sources
BERLIN (Reuters) – Volkswagen’s supervisory board will hold an extraordinary meeting on Friday, Nov. 4, to consult on a wide-ranging restructuring of the carmaker, two sources close to the board told Reuters on Wednesday.
Pentagon, Lockheed finalize talks on ninth lot of F-35 jets
WASHINGTON (Reuters) – The U.S. Department of Defense and Lockheed Martin Corp concluded negotiations on their ninth contract for F-35 fighter jets after 14 months of negotiations on the more than $6.1 billion deal, the Pentagon said on Wednesday.
Pentagon, Lockheed finalize talks on ninth lot of F-35 jets
WASHINGTON (Reuters) – The U.S. Department of Defense and Lockheed Martin Corp concluded negotiations on their ninth contract for F-35 fighter jets after 14 months of negotiations on the more than $6.1 billion deal, the Pentagon said on Wednesday.
Twenty-First Century Fox beats Wall Street expectations
(Reuters) – Twenty-First Century Fox Inc reported first-quarter profits on Wednesday that beat Wall Street’s expectations, as the company’s cable channels and box office saw a boost in revenues.
Fed holds rates steady, sets stage for December hike
WASHINGTON (Reuters) – The Federal Reserve kept interest rates unchanged on Wednesday in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up.
Patience an asset for U.S. businesses seeking opportunities in Cuba
HAVANA (Reuters) – Red tape and slow approvals from Washington and Havana make it hard for U.S. companies to do business in Cuba despite a detente between the U.S. and Cuban governments, according to American executives in Havana for an annual trade fa…
Patience an asset for U.S. businesses seeking opportunities in Cuba
HAVANA (Reuters) – Red tape and slow approvals from Washington and Havana make it hard for U.S. companies to do business in Cuba despite a detente between the U.S. and Cuban governments, according to American executives in Havana for an annual trade fa…
Whole Foods sales decline easing, Mackey to become sole CEO
(Reuters) – Whole Foods Market Inc on Wednesday reported a better than-expected profit for the fiscal fourth quarter and said declines in same-store sales are easing, sending its shares up 4.7 percent to $29.84 percent in extended trading.
Higher investment returns, lower costs drive AIG’s profit
(Reuters) – American International Group Inc , the largest commercial insurer in the United States and Canada, reported a net income versus a loss last year, when tumultuous markets gutted returns from its investments.
S&P 500 ends down for seventh straight session
(Reuters) – The S&P 500 ended lower on Wednesday for a seventh straight session, its longest such streak in five years, as the Federal Reserve signaled it could hike interest rates in December and the uncertain U.S. election continued to cloud the market’s outlook.
