U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China "Phase 1" trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.
Britain's government should extend a costly job support programme until the end of the year for retail and hospitality workers hit hardest by the coronavirus, a think tank said on Tuesday, ahead of an expected government announcement.
PNC Financial Services Group Inc plans to sell its entire 22% stake in the world's largest asset manager BlackRock Inc, the U.S. bank said on Monday, exiting one its most attractive investments after more than two decades.
(RTTNews) - The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had collected almost 60 points or 3.1 percent. The KOSPI now rests just above the 1,935-poi
None of the big oil companies currently meet U.N. targets to limit global warming despite the most ambitious targets set by Royal Dutch Shell and Eni, investors managing $19 trillion said on Tuesday.
As Kroger's (NYSE: KR) $2 hourly bonus to its workers nears its end, a pair of unions have opened negotiations with the grocery and drugstore chain in a bid to prolong the extra pay past its scheduled May 17 ending date. At this point, Kroger has already extended the bonus twice
Energy Transfer (NYSE: ETP) isn't immune to the impact of falling oil prices. That was evident in its first-quarter report, where the master limited partnership (MLP) posted lower earnings and cash flow. While the company expects this trend to continue over the coming quarters
What happened
One of the businesses sustaining the most economic damage from the SARS-CoV-2 coronavirus outbreak is the automobile industry, since "stay in place" mandates have drastically reduced the need to drive anywhere.
Despite a sizable stock market rebound in April, Hyatt Hotels (NYSE: H) announced in a press release today that it's terminating 1,300 employees on June 1 as part of a restructuring plan. While the terminations are referred to as "layoffs," the press release refers to the emplo
Global investment manager First State Investments will buy New Zealand's Ultrafast Fibre Ltd for NZ$854 million ($518.63 million) from WEL Networks Ltd and Waipa Networks Ltd, the electricity distributors said on Tuesday.
In this edition of MarketFoolery, Mac Greer chats with Motley Fool analyst Jason Moser about the latest news from the markets. They discuss the earnings results of a home furniture and home decor e-commerce retailer, an online education company, and a restaurant chain. Learn how