Volkswagen has attracted bids from Europe's Innio, Japan's Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people close to the matter said.
The U.S. House of Representatives is set to approve a rewritten North American trade deal on Thursday that includes tougher new labor and automotive content rules than its predecessor but leaves $1.2 trillion in U.S.-Mexico-Canada trade flows largely unchanged.
When times get tough, go with what you know. Members of TIGER 21, an investment club for wealthy people, have ticked up their allocation in real estate. They're also paying closer attention to startups and venture capital.
Wall Street hit fresh all-time highs on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January, adding to optimism that has been fueled by a breakthrough in talks last week.
Bond yields rose after Sweden stopped five years of negative interest rates, signaling an era of sub-zero rates may be near an end, while global equity markets extended a rally that has pushed U.S. and global stock benchmarks to record highs.
The number of Americans filing applications for unemployment benefits dropped from a more than two-year high last week, pointing to sustained labor market strength that should continue to underpin consumer spending and the economy.
Starbucks Corp agreed on Thursday to pay restitution and accept greater oversight to settle a multi-year probe finding that it had illegally required New York City employees to find substitutes when they needed to use sick leave.
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OSC LaunchPad | Jonathan Yeung | Dec 19, 2019 You're Invited to Participate in an OSC LaunchPad Survey We invite you to participate in an OSC LaunchPad survey that solicits feedback on the regulatory and capital raising challenges faced by innovative businesses at various stages of development. The survey was developed in collaboration with two
Wall Street hit all-time highs again on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January, adding to optimism that was fueled by a breakthrough in trade talks last week.
Agreements that let Facebook and other firms send European citizens' data to the United States and other countries are valid, a key EU court adviser said on Thursday, although he left room for such transfers to be blocked if European data protection standards are not met in countries receiving the information.
Boeing Co is set to launch its new astronaut capsule on Friday on its first unmanned journey to the International Space Station, a milestone test for the U.S. aerospace firm that is vying with SpaceX to revive NASA's human spaceflight capabilities.
Amazon.com Inc said on Thursday it was on track to deliver 3.5 billion customer packages globally this year through its in-house delivery network.
Lawmakers are severely curtailing the "stretch IRA," a strategy allowing wealthy Americans to leave sizable inheritances to beneficiaries who can then tap those assets for decades.
The U.S. House of Representatives is set to approve a rewritten North American trade deal on Thursday that includes tougher labor and automotive content rules than its predecessor, but leaves $1.2 trillion in U.S.-Mexico-Canada trade flows largely unchanged.
With the Senate's approval on Thursday of a 2020 spending bill that includes the bipartisan Secure Act, big changes to the nation's retirement system are on their way.