Wall Street rebounds, worries over Italy ease
U.S. stocks bounced back on Wednesday as signs emerged of an easing of political turmoil in Italy, and a surge in oil prices boosted energy stocks. Fred Katayama reports.
Dixons Carphone warns on profit, to close stores
Dixons Carphone warned profits were likely to plunge by a fifth this year and its new CEO said he would have to close shops to fix a company struggling in a difficult market for selling phones and ele ...
White House reveals ZTE deal to lawmakers -source
Ahead of next week's U.S-China trade talks, The Trump administration told lawmakers a deal has been reached to put Chinese telecommunications company ZTE Corp back in business, a senior congressional ...
Falling oil prices weigh on S&P 500, Dow
The S&P 500 and Dow eased on Friday after a steep drop in oil prices pressured energy stocks. Fred Katayama reports.
“Sweet spot” for equity investors is now, says Ken Kamen
The president of Mercadien Asset Management tells Reuters' Fred Katayama he likes equities for now but adds that investors may reposition their portfolios at year's end as yields climb higher.
Netflix tops Disney as most valuable media property
Netflix, the steaming movie service once left for dead, has completely won over fans in living rooms and Wall Street, giving the company a bigger stock market value than media and entertainment giants ...