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Dow opens above 24,000 ahead of tax vote

Dow opens above 24,000 ahead of tax vote

The Dow Jones Industrial Average opened above 24,000 for the first time on Thursday, as Wall Street hit record highs with the Senate nearing a vote on tax legisltation.

Published 6 months ago

Theresa May says Trump’s Britain First retweet ‘was wrong’

Theresa May says Trump’s Britain First retweet ‘was wrong’

US president widely condemned in Commons debate for retweeting anti-Muslim videos

Published 6 months ago

30 for 30: DJIA Reaches 24000 in Just 30 Days

30 for 30: DJIA Reaches 24000 in Just 30 Days

It took only 30 trading sessions for the 30 stocks in the Dow to reach their latest round-number mark.

Published 6 months ago

Verizon to Sell Wireless Home Broadband, Challenging Cable

Verizon to Sell Wireless Home Broadband, Challenging Cable

Verizon Communications plans to start selling home broadband service over its wireless network in some cities in late 2018, a move to challenge the cable industry’s grip on Americans’ internet access.

Published 6 months ago

Legg Mason launches ‘cutting edge’ parental leave plan

Legg Mason launches ‘cutting edge’ parental leave plan

Men and women in asset manager’s US workforce offered three months paid in full

Published 6 months ago

Barcelona brand suffers after independence turmoil

Barcelona brand suffers after independence turmoil

Urban hub of Spain’s richest region threatened by political upheaval

Published 6 months ago

Matt Lauer Apologizes Amid Sexual-Harassment Claims

Matt Lauer Apologizes Amid Sexual-Harassment Claims

Former NBC ‘Today’ show co-anchor Matt Lauer apologized a day after being fired for alleged sexual harassment, but he contested some accounts of his behavior.

Published 6 months ago

Credit Suisse to give half its profits to shareholders

Credit Suisse to give half its profits to shareholders

Swiss bank unveils profit and cost-cutting targets for the next three years

Published 6 months ago

Oil production cuts set to be extended throughout 2018

Oil production cuts set to be extended throughout 2018

Opec ministers believe Russia will now back the cuts in their entirety at today’s meeting

Published 6 months ago

Electricity Prices Plummet as Gas, Wind Gain Traction and Demand Stalls

Electricity Prices Plummet as Gas, Wind Gain Traction and Demand Stalls

The rapid rise of wind and natural gas as sources of electricity is roiling U.S. power markets, forcing more companies to close older generating plants.

Published 6 months ago

U.S. Tax Overhaul Raises Alarms Among Foreign Executives

U.S. Tax Overhaul Raises Alarms Among Foreign Executives

Tax overhaul proposals winding their way through Congress may look great for U.S. corporations. For foreign firms, not so much.

Published 6 months ago

The office Christmas party is an existential exercise

The office Christmas party is an existential exercise

Uninhibited celebrations are good for distilling workplace culture

Published 6 months ago

Six Minutes to Counterattack: South Korea Shows Plan to Strike Back at North’s Missiles

Six Minutes to Counterattack: South Korea Shows Plan to Strike Back at North’s Missiles

Within minutes of North Korea’s missile launch, the South Korean military began firing missiles into the waters off the eastern coast, a demonstration of Seoul’s readiness for conflict and its ability to hit back.

Published 6 months ago

Charlottesville Residents Unite to Protest Likely Surge in Health-Insurance Premiums

Charlottesville Residents Unite to Protest Likely Surge in Health-Insurance Premiums

The college town of Charlottesville, Va., is fast becoming the exemplar for millions of people without federal subsidies whose health-insurance premiums will rise sharply next year.

Published 6 months ago

OPEC Is Expected to Extend Output Cuts, but Questions Remain Over Length

OPEC Is Expected to Extend Output Cuts, but Questions Remain Over Length

OPEC, Russia and other big oil producers are expected to extend their efforts to cut crude production and reduce a swollen oversupply of petroleum, a crucial juncture for an oil industry in the midst of a fragile recovery.

Published 6 months ago