A big day for GE as new CEO rolls out turnaround plan
Newly installed General Electric CEO John Flannery is expected to announce layoffs, a cut in the dividend, and the planned sale of several units and tries to put the 125-year-old company back on the r ...
Wall Street ends little changed
Concerns over the prospects for corporate tax cuts weighed on the markets Friday. Fred Katayama reports.
Capitalize on China’s consumers with Alibaba and JD.com, says Kevin Kelly
Kelly & Co's managing partner tells Reuters' Fred Katayama about the attractiveness of the consumer markets as Alibaba racks up $1.5 billion in sales in 3 minutes on Single's Day.
Wall Street ends lower
Tech stocks dragged down Wall Street as investors grew skeptical over the U.S. tax bill's prospects. Fred Katayama reports.
Inspection scandal hits Nissan profits
Japan’s Nissan Motor Co reported its smallest quarterly profit in three years and cut its annual outlook, hurt by rising expenses in a competitive North American market and costs stemming from imprope ...
Maersk steers shipping profit forecast lower
Danish shipping group A.P. Moller Maersk reported third quarter core profit below expectations on Tuesday and said it now expects only a positive underlying profit, backing away from a previous foreca ...