Tesla critic Citron makes U-turn ahead of results
NEW YORK (Reuters) - Tesla Inc shares jumped more than 12 percent on Tuesday after long-time critic and short-seller Citron Research said it had a change of heart and is now betting the electric automaker's stock will rise.
For Fed, sell-off could point to fading Trump stimulus
NEW YORK/BATON ROUGE, La. (Reuters) - A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes.
Saudi crown prince proclaims investment conference despite boycott
RIYADH (Reuters) - Saudi Arabia's crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal Khashoggi, declaring the event as "great - more people more money".
Target's two-day holiday shipping option beats Amazon, Walmart
NEW YORK (Reuters) - Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at local stores.
Ford appoints new China chief to tackle sales slump
BEIJING/SHANGHAI (Reuters) - Ford Motor Co
has appointed a new head of China operations to help turn around flagging sales in the world's largest auto market, filling a post that had been vacant since January after the firm's previous China chief suddenly quit.
Asia stocks struggle as global woes persist, oil near two-month lows
TOKYO (Reuters) - Asian stocks edged lower on Wednesday as concerns, ranging from worries about U.S. corporate earnings to Middle East tensions, weighed on sentiment while crude oil approached two-month lows after Saudi Arabia flagged possible supply increases.
Apple's Cook set to back strong privacy laws in Europe, U.S. at Brussels event
BRUSSELS/SAN FRANCISCO (Reuters) - Apple
Chief Executive Tim Cook is expected to praise new European privacy rules and to voice the company's support for strong laws in Europe and the United States to protect the use of data, according to prepared remarks for delivery at a Brussels event.
Tariffs begin to take bite out of U.S. corporate earnings growth
NEW YORK (Reuters) - The easy money may be over.
South Korea's LG Display says trade wars weigh on global panel business
SEOUL (Reuters) - South Korea's LG Display Co Ltd <034220.KS> said trade conflicts would undermine the global panel business, as it posted a 76 percent fall in third-quarter profit on Wednesday despite a seasonal price boost.
Union Pacific to cut 475 jobs in first wave of planned reductions
(Reuters) - Railroad operator Union Pacific Corp
said on Tuesday it would cut 475 jobs in the fourth quarter and signaled more workforce reductions to come as it seeks to boost profitability by the end of 2020.