GM lays off over 1,000 salaried software, services employees
General Motors said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.
August 19, 2024General Motors said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.
August 19, 2024Canada's Alimentation Couche-Tard confirmed on Monday it has made an offer to buy Japan's Seven & i.
August 19, 2024Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China
August 19, 2024Estee Lauder forecast annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO
August 19, 2024Minneapolis Fed President Neel Kashkari said it was appropriate to discuss potentially cutting U.S. interest rates in September because of the rising possibility of a weakening labor market
August 19, 2024A look at the day ahead in U.S. and global markets from Samuel Indyk The volatility that rocked markets in early August appears to be back under control, and with the Kansas City Fed's Jackson Hole
August 19, 2024Southwest Airlines is girding itself for a fight with Elliott Investment Management, rallying support from investors and employees to face
August 19, 2024Hedge funds sold industrial stocks at the fastest pace since December, while buying energy stocks for the fourth straight week last week, a Goldman Sachs note seen
August 19, 2024U.S. stocks advanced on Monday, building on their largest weekly percentage gain of the year as investors focused on the Democratic National Convention and the
August 19, 2024Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a
August 19, 2024Grenada has become the first country in the world to use a so-called hurricane clause in a government bond - a special feature that allows authorities to postpone debt
August 19, 2024Stock markets in the Gulf ended mixed on Monday on rising expectations of a U.S. interest rate cut next month, and amid weak oil demand.
August 19, 2024European shares climbed on Monday, led by retail and basic resources stocks, with investors bracing for a data-heavy week with a focus on U.S.
August 19, 2024London stocks ended higher on Monday, boosted by a rise in metal mining shares as prices of most base and precious metals advanced, while homebuilder
August 19, 2024Canada's Alimentation Couche-Tard has sounded out Japan's Seven & i about a potential takeover, the two companies said on Monday, making
August 19, 2024Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25% following the latest weekly jobless claims and retail sales reports.
August 19, 2024Australia's Lendlease on Monday reported a wider annual loss as the real estate developer grappled with the impact of an operational strategy shift and delays in
August 19, 2024A look at the day ahead in European and global markets from Wayne Cole.
August 19, 2024U.S. stocks climbed, and Wall Street pulled closer to its record heights following its roller coaster of a summer
August 19, 2024The yuan headed for its sharpest gain in two weeks on Monday, riding a wave of broad dollar selling as investors bet on U.S. rate cuts, but slid against a resurgent yen.
August 19, 2024Canada is seeing an unprecedented simultaneous stoppage at its two main freight rail operators that could inflict billions of dollars worth of economic damage.
August 19, 2024Japan's national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subway
August 19, 2024Australian corporate earnings have been a "positive surprise" amid investor euphoria over estimate-beating margins, but historical trends suggest results could take a turn as the earnings
August 19, 2024The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited comments from Federal Reserve Chair Jerome Powell this
August 19, 2024By one measure, the speculative Japanese yen-funded carry trade has been completely unwound.
August 19, 2024