By Tim Hepher, David Shepardson and Rajesh Kumar Singh (Reuters) – Boeing has embarked on a high-risk waiting game over…
Traders scramble for protection after Fed spooks markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors rushed to guard against further declines in U.S. stocks on Thursday,…
Lyft to lay off 683 employees in cost-cutting push
(Reuters) – Lyft Inc said on Thursday it would lay off 13% of its workforce, or about 683 employees, in…
Cheniere’s adjusted profit, revenue more than double on soaring LNG demand
(Reuters) -U.S. liquefied natural gas (LNG) company Cheniere Energy Inc on Thursday reported a third-quarter loss on derivative contracts while…
U.S. crude oil exports to Asia poised to hit record high
By Arathy Somasekhar and Muyu Xu HOUSTON/SINGAPORE (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch…
Wall Street sees little respite to Qualcomm’s smartphone gloom
(Reuters) – Sales at Qualcomm Inc are slowing as the smartphone market heads for its worst contraction in years, and…
Amazon.com to freeze hiring in corporate workforce
(Reuters) – Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic…
Agency powers under threat in U.S. Supreme Court FTC and SEC cases
By Diane Bartz WASHINGTON (Reuters) – Two cases that give the U.S. Supreme Court’s conservative majority another opportunity to restrain…
Exclusive-Morgan Stanley to start layoffs in coming weeks as dealmaking slows -sources
By Kane Wu, Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Wall Street major Morgan Stanley is expected to…
Cigna lifts profit forecast again on strength in pharmacy benefits business
By Raghav Mahobe and Leroy Leo (Reuters) -Cigna Corp on Thursday raised its annual adjusted profit forecast for the third…