Corporate news

Trader Jonathan Mueller works in his booth on the floor of the New York Stock Exchange, Friday, Oct. 26, 2018. Stocks are opening broadly lower on Wall Street, a day after a massive surge, as a number of big companies reported disappointing results. (AP Photo/Richard Drew)
October 26, 2018 - 3:38 pm
Stocks are back in the red for the year after another wave of selling hit Wall Street Friday. The latest plunge came at the end of an unusually turbulent week of trading that had one huge gain sandwiched between massive losses. A three-week slide has left the benchmark S&P 500 index on track...
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October 26, 2018 - 4:09 am
MILAN (AP) — Italian oil and gas producer Eni said its third-quarter profits tripled as oil prices hit the highest levels in four years. Eni, which is about one-third government-owned, made net income of 1.53 billion euros ($1.74 billion), compared with 344 million euros a year earlier. The company...
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President Donald Trump talks about drug prices during a visit to the Department of Health and Human Services in Washington, Thursday, Oct. 25, 2018. (AP Photo/Susan Walsh)
October 26, 2018 - 12:13 am
WASHINGTON (AP) — Less than two weeks before the midterm elections, President Donald Trump has announced a plan to lower prices for some prescription drugs, saying it would stop unfair practices that force Americans to pay much more than people in other countries for the same medications. "We are...
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October 25, 2018 - 8:18 pm
WASHINGTON (AP) — The United States imposed sanctions Thursday on the Singapore-based director of a commodities company accused of laundering money for North Korea through the U.S. financial system. The Department of Justice also unsealed criminal charges against the person, Tan Wee Beng, accusing...
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FILE- In this Sept. 4, 2018, file photo a Nasdaq employee monitors market activity in New York. Amazon.com Inc. reports earnings Thursday, Oct. 25. (AP Photo/Mark Lennihan, File)
October 25, 2018 - 6:44 pm
NEW YORK (AP) — Amazon reported another record quarterly profit Thursday, fueled by the growth of online shopping and its cloud-computing service. But its revenue grew less than Wall Street analysts expected, and Amazon's shares fell after the results were released. The company, based in Seattle,...
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FILE- In this Feb. 14, 2018, file photo the logo for Alphabet appears on a screen at the Nasdaq MarketSite in New York. Alphabet Inc. reports earnings Thursday, Oct. 25. (AP Photo/Richard Drew, File)
October 25, 2018 - 5:13 pm
MOUNTAIN VIEW, Calif. (AP) — Google's corporate parent boosted its earnings by 37 percent during the third quarter, but it still wasn't enough to reassure investors worried about tougher regulations that could make it harder to collect the personal information that fuels the company's advertising...
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Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, Oct. 25, 2018. Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning as the market found its footing after three weeks of steep declines. (AP Photo/Richard Drew)
October 25, 2018 - 3:31 pm
NEW YORK (AP) — Strong results from major companies including Microsoft and Visa helped U.S. stocks bust out of another losing streak Thursday. The rally wiped out part of the market's plunge from the day before, but stocks are still down sharply over the past three weeks. Technology companies...
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October 25, 2018 - 1:59 pm
WASHINGTON (AP) — Senate Judiciary Committee Chairman Chuck Grassley on Thursday asked for a criminal investigation into whether Julie Swetnick and her attorney, Michael Avenatti, conspired to provide false statements to Congress and obstructed a congressional investigation during the confirmation...
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In this Wednesday evening, Oct. 24, 2018 photo an activist is carried away when police clear a protest camp against lignite coal mining near the Hambach Forest in Kerpen, western Germany. Christophe Gateau/dpa via AP)
October 25, 2018 - 1:55 pm
BERLIN (AP) — A Norwegian pension fund is doubling down on its criticism of German utility firm RWE over the power company's long-term plans to use coal. The chief executive of Storebrand, Jan Erik Saugestad, said Thursday that "continued expansion of coal mines and support of coal-fired power has...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, Oct. 25, 2018 in Tokyo. Shares fell moderately in Asia on Thursday after another torrent of selling gripped Wall Street overnight, sending the Dow Jones Industrial Average plummeting more than 600 points and erasing its gains for the year. Japan’s Nikkei 225 index sank sharply on the open but leveled off, regaining some lost ground. (AP Photo/Eugene Hoshiko)
October 25, 2018 - 5:59 am
BANGKOK (AP) — Stock markets turned higher in European trading Thursday as investors settled somewhat after steep declines in Asia and the U.S. spurred by worries over trade and the U.S. economy. Futures for the Dow Jones Industrial Average and the Standard & Poor's 500 were higher, suggesting...
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