Result Page 11 for Latest Markets News & Archive

Markets

Toshiba looking to sell controlling stake in Westinghouse Unit

Toshiba president Satoshi Tsunakawa sidesteps questions for a Chapter 11 filing for Westinghouse and says there are various options.

Mar 15, 2017 7:11 AM EDT

News

Intel buys Israeli tech, self-driving car company Mobileye in a $15.3 billion deal

Intel is moving into self-driving cars as part of its strategy to build up its position in emerging areas of computer technology.

News

Trump banks on big tech investment from Middle East

US President Donald Trump met SoftBank Vision Fund Masayoshi Son just weeks after taking his seat on the presidency to discuss a huge new technology fund and investment.

News

Sears posts another quarterly operating loss

Embattled US department store operator posts another quarterly operating loss that is even worse than the previous corresponding period which the company attributes to having fewer Kmart and Sears Full-line stores in operation.

Staples closes 70 stores amid disappointing stocks and sales

Traditional brick-and-mortar stores have been under pressure for some time due to greater online competition, which led Staples to close 4.5 percent of its store in 1,600 locations.

Mar 11, 2017 9:13 AM EST

Airbnb closes $1 billion round of investment funding making it second most valuable start-up in US

The San Francisco-based firm offered not to comment further on how it would use the investment funding, instead it expressed its intention to expand operations globally.

Mar 10, 2017 9:06 AM EST

Swedish retailer H&M joins Better Than Cash Alliance

Swedish retailer, H&M, joins the United Nations' Better Than Cash Alliance, a partnership of governments, companies and international organisations which aims to accelerate the transition from cash to digital payments.

Mar 09, 2017 7:49 PM EST

Samsung expands manufacturing in the US to produce home appliances

The South Korea-based technology giant will spend at least $300 million on the manufacturing project and is already discussing plans with five states.

Mar 09, 2017 9:05 AM EST

US oil output set to break records in 2018

The EIA has ramped up its US forecasts and predicts daily domestic oil output of 9.2 million barrels for this year and 9.7 million barrels in 2018.

Mar 09, 2017 9:04 AM EST

China gives preliminary approval for dozens of Trump-related trademarks in businesses

Trump's lawyers in China say the business is simply trying to protect Trump trademark from anyone who might try to use the name to its advantage.

Mar 09, 2017 9:04 AM EST

General Motors lays off 1,100 employees in Lansing plant

The workers keeping their jobs now are still safe from any employment actions as General Motors just invested $583 million in the plant.

Mar 08, 2017 8:55 AM EST

Snapchat parent company's IPO gains just disappeared

Analysts are concerned over Snapchat's sudden growth, valuation and hype for the past weeks and claim its IPO gains as overpriced.

Mar 08, 2017 8:54 AM EST

Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses

French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.

Mar 07, 2017 9:42 AM EST

German tycoon Schlecker faces fraud trial with family

Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.

Mar 07, 2017 9:42 AM EST

Luxury automakers drive online sales on Tmall.com

China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.

Mar 06, 2017 5:58 AM EST