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Surging Greenback Weighs On Corporate Profits

Surging Greenback Weighs On Corporate Profits

The surging U.S. dollar is likely to dent third-quarter earnings at big multinationals and stir consternation in a stock market already grappling with trade tensions and higher interest rates.

Published 2 months ago

Procter & Gamble Tries to Break a Cycle of Stagnation

Procter & Gamble Tries to Break a Cycle of Stagnation

The 181-year-old consumer-products giant has tried again and again to revive growth and reignite its shares. After a costly board battle with activist investor Nelson Peltz, will this be the year P&G turns the tide?

Published 2 months ago

Earthquake, Tsunami Kill Hundreds in Indonesia

Earthquake, Tsunami Kill Hundreds in Indonesia

The magnitude-7.5 earthquake and tsunami that hit the Indonesian island of Sulawesi killed at least 384 people, and disaster officials warned that the death toll could rise sharply.

Published 2 months ago

Labor Market Opens Up for Part-Time Workers

Labor Market Opens Up for Part-Time Workers

A decline in part-time employment points to disappearing slack in the labor market, which has important implications for wages and Federal Reserve policy.

Published 2 months ago

Harvard’s Investment Gain Trails Rivals

Harvard’s Investment Gain Trails Rivals

Harvard University’s endowment gained 10% in the latest fiscal year, a lukewarm showing as it plays catchup with Ivy League schools and other top endowments.

Published 2 months ago

Elon Musk Can Remain Tesla CEO but Must Step Aside as Chairman in SEC Settlement

Elon Musk Can Remain Tesla CEO but Must Step Aside as Chairman in SEC Settlement

Elon Musk has reached a settlement with the SEC that allows him to stay on as Tesla CEO but requires that he step aside from the chairman role for three years. He has agreed to pay a $20 million fine.

Published 2 months ago

White House Directs FBI to Interview First Two Kavanaugh Accusers, But Not the Third

White House Directs FBI to Interview First Two Kavanaugh Accusers, But Not the Third

The FBI has been instructed by the White House to interview two of the women who have alleged sexual misconduct by Brett Kavanaugh, but not the third accuser.

Published 2 months ago

Canadian Negotiators Locked in Nafta Talks With U.S. as Deadline Looms

Canadian Negotiators Locked in Nafta Talks With U.S. as Deadline Looms

The Canadian government has entered intensive weekend trade talks with the Trump administration in hopes of reaching an agreement on a revised North American Free Trade Agreement before a U.S.-imposed Sunday deadline.

Published 2 months ago

Earthquake, Tsunami Kill Hundreds in Indonesia

Earthquake, Tsunami Kill Hundreds in Indonesia

The magnitude-7.5 earthquake and tsunami that hit the Indonesian island of Sulawesi killed at least 384 people, and disaster officials warned that the death toll could rise sharply.

Published 2 months ago

Surging Greenback Weighs On Corporate Profits

Surging Greenback Weighs On Corporate Profits

The surging U.S. dollar is likely to dent third-quarter earnings at big multinationals and stir consternation in a stock market already grappling with trade tensions and higher interest rates.

Published 2 months ago

Facebook Finds Security Flaw Affecting Almost 50 Million Accounts

Facebook Finds Security Flaw Affecting Almost 50 Million Accounts

Facebook discovered a security flaw affecting almost 50 million accounts, the company said Friday. A problem in its code allowed outsiders to take over users’ accounts.

Published 2 months ago

The Rising Costs of Hurricanes

The Rising Costs of Hurricanes

Storms are getting deadlier and causing more damage as more Americans live on the coasts.

Published 2 months ago

Harvard’s Investment Gain Trails Rivals

Harvard’s Investment Gain Trails Rivals

Harvard University’s endowment gained 10% in the latest fiscal year, a lukewarm showing as it plays catchup with Ivy League schools and other top endowments.

Published 2 months ago

The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart.

The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart.

Now more than ever, investors need to consider investing in overseas stock markets.

Published 2 months ago

Musk to step down as Tesla chairman in SEC settlement

Musk to step down as Tesla chairman in SEC settlement

Regulator demands governance changes and fines after controversial tweet

Published 1 second ago