Commutee

Wall Street rises, limps across the finish line of a turbulent year

December 31, 2018 by  
Filed under News

Wall Street advanced in low-volume trading on Monday as revelers gathered to ring in 2019, marking the end of the worst year for U.S. stocks since 2008, the height of the financial crisis.


Source: Reuters Business News

After damaging Reuters report, J&J doubles down on talc safety message

December 31, 2018 by  
Filed under News

Johnson & Johnson Inc’s statement was unequivocal.


Source: Reuters Business News

Hertz Global to pay $16 million fine to settle accounting case: SEC

December 31, 2018 by  
Filed under News

Hertz Global Holdings has agreed to pay a $16 million fine to settle a case over accounting misstatement, the U.S. Securities and Exchange Commission (SEC) said in an order filed on Monday.


Source: Reuters Business News

Wall Street limps to end of a tumultuous year on a positive note

December 31, 2018 by  
Filed under News

Wall Street rose solidly in relatively light trading on Monday as revelers gathered to ring in 2019, marking the end of the worst year for major U.S. indexes in a decade.


Source: Reuters Business News

Trade optimism lifts stocks, though 2018 set to end with losses

December 31, 2018 by  
Filed under News

Equities around the world rose on Monday, with Wall Street edging up in choppy trading as hints of progress in the trade dispute between the United States and China provided a rare glimmer of optimism in what has been a punishing end of year for markets.


Source: Reuters Business News

'Pooey Puitton' purse said to irk Louis Vuitton, prompts lawsuit

December 31, 2018 by  
Filed under News

A California toy company has sued Louis Vuitton to stop the French luxury goods maker from interfering with its sales of a slime-filled, poop-shaped toy purse for children, Pooey Puitton.


Source: Reuters Business News

Oil prices slip, set for first annual drop since 2015

December 31, 2018 by  
Filed under News

Oil prices slipped 1 percent on the final day of the year, en route for their first annual drop in three years as fears of a slowing global economy and emerging supply glut outweighed impending production cuts from OPEC nations.


Source: Reuters Business News

Fed Chair Powell's unscripted approach sets up for rocky 2019

December 30, 2018 by  
Filed under News

Jerome Powell had a bumpy first year as Federal Reserve chairman when it came to talking policy, by turns spooking and comforting investors even as economic data offered increasingly mixed signals and President Donald Trump stepped up his attacks on the U.S. central bank.


Source: Reuters Business News

Deutsche Bank is strong, has no need for state aid, merger: chairman

December 30, 2018 by  
Filed under News

Deutsche Bank is strong and its turnaround strategy is bearing fruit, Chairman Paul Achleitner said, ruling out the need for state aid and playing down speculation that the lossmaking German bank should merge.


Source: Reuters Business News

China willing to work with U.S. to implement Argentina talks agreement: Foreign Ministry

December 29, 2018 by  
Filed under News

China is willing to work with the United States to implement the consensus reached during talks between the two countries’ leaders in Argentina, the Chinese foreign ministry said in a statement on Sunday.


Source: Reuters Business News

Next Page »