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European stocks under pressure after US rally falters

European stocks under pressure after US rally falters

Xetra Dax down by more than 1% but Wall Street futures point to narrower losses

Published 1 second ago

Tesla’s Elon Musk Regains Bravado With Better Outlook for Model 3

Tesla’s Elon Musk Regains Bravado With Better Outlook for Model 3

Three months ago, Tesla Chief Executive Elon Musk warned of the company’s production issues. On Wednesday, a day after his SpaceX rocket blasted into space, Mr. Musk was upbeat, again boldly predicting his company would make one million vehicles a year in 2020.

Published 6 months ago

Total boosts returns to shareholders after jump in profits

Total boosts returns to shareholders after jump in profits

Oil investors reap benefits of higher crude prices as companies step up buybacks

Published 1 second ago

Spending Deal Signals End to GOP’s Budget Austerity Kick

Spending Deal Signals End to GOP’s Budget Austerity Kick

The spending deal reached by congressional leaders Wednesday marks an end to the budget austerity congressional Republicans sought to advance in Washington in 2011.

Published 6 months ago

U.S. Secretly Offered Iran a Channel for Talks on Prisoners

U.S. Secretly Offered Iran a Channel for Talks on Prisoners

The White House secretly reached out to Iran in December to propose creation of a direct channel to negotiate the release of prisoners held by each side, marking the first U.S. diplomatic overture to Iran on the issue under President Trump.

Published 6 months ago

Getting Your Product on Shelves at Whole Foods Just Got Harder

Getting Your Product on Shelves at Whole Foods Just Got Harder

Whole Foods, which earned its cachet by offering new brands and niche products, now is asking suppliers for higher shelving fees and deeper discounts as it looks to enhance profitability.

Published 6 months ago

​​Is This Obscure Wall Street Invention Responsible for the Market Selloff?

​​Is This Obscure Wall Street Invention Responsible for the Market Selloff?

Critics have pointed to an obscure investment strategy pioneered by the world’s largest hedge fund, Bridgewater Associates, even as some risk-parity strategies outperformed the broader market.

Published 6 months ago

Rohingya Refugees Driven From Myanmar Meet Hostility in Bangladesh

Rohingya Refugees Driven From Myanmar Meet Hostility in Bangladesh

More than 700,000 Rohingya refugees from Myanmar have packed into camps in Bangladesh since last year, dwarfing the local population and triggering an increasingly angry response from some locals who say the influx is causing food shortages, pushing up prices and undercutting wages.

Published 6 months ago

Where Donald Trump’s Border Wall Would Start

Where Donald Trump’s Border Wall Would Start

If President Trump gets the money to build a border wall, construction would start in a south Texas wildlife refuge, on government-owned land. But local opposition is mobilizing, showing the challenges to building the structure.

Published 6 months ago

Why Can’t a City of 8 Million Produce a Single Olympic Athlete?

Why Can’t a City of 8 Million Produce a Single Olympic Athlete?

New York may be the city of dreams but none of its residents will be fulfilling the dream to represent the United States in this year’s winter Olympics; Says the head of its skating club, ‘Nothing in New York City is cheap.’

Published 6 months ago

FBI Agent in Basketball Corruption Probe Is Accused of Misconduct

FBI Agent in Basketball Corruption Probe Is Accused of Misconduct

An undercover agent with the FBI who played a central role in an investigation of alleged corruption in college basketball has been accused of misappropriating government money on gambling, food and beverages during the probe, people familiar with the matter said.

Published 6 months ago

Stocks Hover but Investors Wary of More Swings

Stocks Hover but Investors Wary of More Swings

European stocks fell while Asian markets fluctuated between gains and losses, a sign that investors are still coping with higher bond yields and a raft of misfired bets on low volatility.

Published 6 months ago

U.S. Strikes Pro-Assad Forces in Syria

U.S. Strikes Pro-Assad Forces in Syria

The U.S. military launched an airstrike and aimed artillery fire against forces fighting for the Syrian regime Wednesday, in response to what it called an “unprovoked attack” on U.S. and coalition personnel and the local forces they back.

Published 6 months ago

Chinese Yuan Poised for Biggest One-Day Drop Since 2015 Devaluation

Chinese Yuan Poised for Biggest One-Day Drop Since 2015 Devaluation

The Chinese yuan dropped 1.1% against the U.S. dollar Thursday, on track for its biggest one-day decline since the Chinese central bank devalued the currency in August 2015.

Published 6 months ago

Amazon to Deliver Whole Foods Groceries

Amazon to Deliver Whole Foods Groceries

Amazon.com said it will start delivering Whole Foods groceries via its fastest delivery option in four markets, marking the first major integration between its e-commerce operations and its new brick-and-mortar grocery chain.

Published 6 months ago