WASHINGTON (Reuters) – U.S. President Donald Trump and Republicans in Congress would have a hard time slashing the corporate tax rate to below 26 percent, even if they eliminated nearly every business tax preference, according to a study released on We…
(Reuters) – Saudi Arabia is preparing contingency plans for a possible delay to the planned initial public share offering of Saudi Aramco by a few months into 2019, Bloomberg reported on Wednesday, citing people familiar with the matter.
NEW YORK (Reuters) – Wall Street edged up to a record high on Wednesday as gains in consumer discretionary and energy stocks offset losses in technology heavyweight Apple Inc.
WASHINGTON (Reuters) – The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products from their networks, saying it was concerned the Moscow-based cyber security firm was vulnerable to Kremlin influence and that u…
SAN FRANCISCO (Reuters) – Tesla Inc said on Wednesday that long-time executive Diarmuid O’Connell, vice president of business development, had left after more than a decade at the electric car company.
(Reuters) – Boeing will raise its production of 787 Dreamliner passenger jets to 14 a month in 2019, Chief Executive Dennis Muilenberg said on Wednesday, pressing ahead with plans that had been placed on hold as it gauged demand for wide-body jets.
LONDON (Reuters) – Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up”.
(Reuters) – Target Corp said on Wednesday it would hire 100,000 workers for the holiday season, 43 percent more than last year, as the retailer goes all out to attract customers at a time when rivals are closing stores and cutting costs.
(Reuters) – Uber Technology Inc’s attempt to move its high-profile trade secrets dispute with Alphabet Inc’s self-driving car unit Waymo to private arbitration was denied again by a U.S. federal appeals court on Wednesday.
FRANKFURT (Reuters) – Europe shouldn’t rush to abandon the combustion engine and must build up its own production of electric car batteries to compete with China, auto suppliers and manufacturers said at the Frankfurt motor show.
WASHINGTON (Reuters) – A U.S. trucking trade group and truck maker Navistar International Corp urged a U.S. Senate panel on Wednesday to include self-driving commercial trucks in proposed legislation intended to speed autonomous vehicles to market.
MEXICO CITY (Reuters) – Amazon.com Inc is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry.
(Reuters) – Apple Inc’s highly anticipated iPhone X features a slew of innovations but delayed availability could hurt holiday-quarter sales.
SAO PAULO (Reuters) – Brazil’s federal police on Wednesday detained the chief executive officer of JBS SA, the world’s No. 1 meatpacker, saying he used insider information to avoid hefty losses related to a plea bargain signed earlier this year.
WASHINGTON (Reuters) – U.S. producer prices rebounded in August, driven by a surge in the cost of gasoline, and there were also signs of a pickup in underlying producer inflation.
(Reuters) – Wall Street was set to open slightly lower on Wednesday, after a two-day rally, weighed down by a drop in Apple and as North Korea showed a trademark defiance over new U.N. sanctions.
NEW YORK (Reuters) – Comcast Corp, the largest U.S. cable provider, on Wednesday launched a new business application and platform with faster connections in its push to boost sales to commercial customers as more consumers drop traditional cable servic…
(Reuters) – Target Corp said on Wednesday it would hire about 100,000 workers for the holiday season, a 43 percent increase from last year, after keeping seasonal hiring flat for the last four years.
FRANKFURT (Reuters) – Volkswagen wants German and European industry to come together to help create a regional supplier of electric car batteries to provide competition to Asian manufacturers, the head of its core autos division told Reuters.
BELFAST (Reuters) – A dispute between Boeing Co and Canadian rival Bombardier that risks thousands of jobs in Northern Ireland could impact peace in the region, the leaders of its two main parties warned U.S. Vice President Mike Pence.
LONDON (Reuters) – Mark Tucker, the incoming chairman of HSBC , will likely face questions over who will take over as CEO when he meets investors in Europe’s biggest bank ahead of taking up his post at the lender in October.
(Reuters) – Viacom Inc’s MTV network had its first summer of ratings growth in six years, the network told Reuters this week, a sign that the company is seeing progress wooing back coveted younger viewers who watch shows online.
FRANKFURT (Reuters) – Volkswagen wants industrial players in Germany and Europe to help shoulder the costs for battery technology needed to power carmakers’ electric-vehicle offerings, the head of its core autos division said.