Thursday, July 19, 2018

Tax cut triggers $437 billion explosion of stock buybacks

Corporate America threw Wall Street a record-shattering party last quarter. Flooded with cash from the Republican...

Wall Street has Trump whiplash

President Donald Trump's pro-business agenda is in an epic battle with his anti-business instincts. These contradictory...

Smucker is saying goodbye to Pillsbury and its doughboy

J.M. Smucker is offloading Pillsbury and other baking brands. The company -- known for products like...

Twitter stock tanks on fears of fake account crackdown

Washington wanted Twitter to crack down on fake accounts. Now Wall Street is worried Twitter has gone...

House Republicans question Apple, Google on smartphone data privacy

Apple and Google are facing questions from House Republicans over smartphone data privacy, suggesting members of Congress...

Sell tech! Morgan Stanley's warning to investors

The tech sector has been mostly spared from the stormy financial weather of 2018. But deepening trade...

Plunging Fiat sales leave its American future in doubt

Hardly anyone in America wants to buy a Fiat. Fiat's US sales are down 44% this...

The new Fox will be a sports and entertainment hub

The future of Rupert Murdoch's Fox is live TV. Last week, Fox bought the rights to...

Jaguar Land Rover: Brexit threatens plan to spend $100 billion in UK

Britain's biggest auto manufacturer is warning that a bad Brexit would blow a hole in the company's...

Boeing and Brazil's Embraer form $4.75 billion commercial jet venture

Boeing will take over the commercial aircraft division of Embraer, the Brazilian regional jet manufacturer. The...
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NEWS

America’s chemicals industry is booming. But politics may get in its...

“THIS is what $3bn looks like.” So beams a manager at Chevron Phillips Chemical (CPC), a petrochemical company jointly owned by Chevron and...