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Retail sales rise on strong auto demand

January 13, 2017 by · Leave a Comment 

WASHINGTON, Jan 13 (Reuters) – U.S. retail sales rose solidly in December amid strong demand for automobiles, providing further evidence that the economy ended the fourth

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Retail sales rise on strong auto demand

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Wells Fargo reports fifth straight decline in profit

January 13, 2017 by · Leave a Comment 

(Reuters) – Wells Fargo & Co , the largest U.S. mortgage lender, reported its fifth straight decline in quarterly profit on Friday as it tries to recover from a bogus-accounts scandal.

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Wells Fargo reports fifth straight decline in profit

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U.S. loses bid to overturn AmEx antitrust decision

January 6, 2017 by · Leave a Comment 

A federal appeals court on Thursday rejected the U.S. government's request that it reconsider its decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees. Without comment, the 2nd U.S. Circuit Court of Appeals let stand its Sept. 26 reversal of

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U.S. loses bid to overturn AmEx antitrust decision

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

January 6, 2017 by · Leave a Comment 

(Reuters) – Indian budget airline SpiceJet Ltd is expected to order at least 92 Boeing Co 737 jetliners, as it looks to bolster its presence in the world's fastest growing aerospace market, Bloomberg reported on Thursday.

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

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Goldman names former DuPont CEO Kullman to board of directors

December 23, 2016 by · Leave a Comment 

(Reuters) – Goldman Sachs Group Inc named former chair and chief executive officer of E.I. du Pont de Nemours and Co Ellen Kullman to its board of directors, according to a filing

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Goldman names former DuPont CEO Kullman to board of directors

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U.S. mortgage activity edges up even as rates head higher

December 21, 2016 by · Leave a Comment 

NEW YORK (Reuters) – U.S. mortgage application activity rebounded from its lowest level since January despite interest rates on 30-year fixed-rate home loans hitting their highest levels in over 2-1/2 years, Mortgage Bankers Association data released on Wednesday showed.

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U.S. mortgage activity edges up even as rates head higher

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Wife of billionaire Pimco co-founder Bill Gross files for divorce

December 9, 2016 by · Leave a Comment 

NEW YORK (Reuters) – The wife of Pacific Investment Management Co co-founder Bill Gross is seeking a divorce after 31 years of marriage.

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Wife of billionaire Pimco co-founder Bill Gross files for divorce

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Lower food prices weigh on Kroger’s profit forecast

December 1, 2016 by · Leave a Comment 

(Reuters) – Kroger Co , the biggest U.S. supermarket chain, lowered the higher end of its full-year adjusted profit forecast amid falling food prices and increasing competition from rivals such

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Lower food prices weigh on Kroger’s profit forecast

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November U.S. auto sales seen rising about 4 percent by analysts

December 1, 2016 by · Leave a Comment 

DETROIT (Reuters) – Hefty consumer discounts during a robust Black Friday weekend helped boost November U.S. auto sales between 4 percent and 5 percent, which could catapult results this year above a record high in 2015, economists and industry analysts said.

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November U.S. auto sales seen rising about 4 percent by analysts

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BMW recalling 154,472 vehicles in U.S., Canada over fuel pumps

October 29, 2016 by · Leave a Comment 

DETROIT (Reuters) – BMW is recalling 154,472 vehicles registered in the United States and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and BMW.

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BMW recalling 154,472 vehicles in U.S., Canada over fuel pumps

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