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NEW YORK (AP) - Brazilian construction conglomerate Odebrecht has been ordered to pay $2.6 billion in fines to settle charges it bribed officials in a dozen countries. The payout ordered by Judge Raymond Dearie in New York City came after a plea...
Following the market opening Thursday, the Dow traded up 0.08 percent to 20,991.12 while the NASDAQ climbed 0.30 percent to 6,043.52. The S&P also rose, gaining 0.11 percent to 2,389.97. read more
Tax expert Jack Mintz warns the U.S. move would entice businesses to move investments and profits south of the border and starve public treasuries of up to $6 billion per year in revenues
Shares of the Saskatoon, Saskatchewan- based fertilizer producer rose 1.6 percent in early New York trading, touching a three-week high. Potash said it expected full-year earnings of 45 cents to 65 cents per share, up from its prior forecast of 35...
NEW HAVEN, Conn. (AP) - A former securities trader in Connecticut has been sentenced to two years in prison for fraud. Forty-two-year-old Jesse Litvak also was ordered to pay a $2 million fine at his sentencing Wednesday in federal court in New...
Mercedes-Benz says authorities may investigate their vehicles for emissions violations, NBC News reports.
United Parcel Service Inc. reported first-quarter net earnings that rose to $1.16 billion, or $1.32 a share, from $1.13 billion, or $1.27 a share, in the same period a year ago. That beat the FactSet consensus of $1.29 a share. Revenue increased 6.2%...
Ford Motor Co.'s net income fell by 35 percent to $1.6 billion in the first quarter as results were hit by costly recalls, lower sales and rising prices for steel and other materials
*Q1 net sales up 23.6 pct to $13.23 bln vs est $13.21 bln. Operating EPS $1.04 vs est $0.99. Sales at Dow's agriculture business slipped 5 percent to $1.6 billion on lower sales of herbicides and insecticides in Asia Pacific and weak demand for...
Housebuilder was criticised after some its new-build leasehold properties were left near-worthless due to spiralling chargesTaylor Wimpey is to pay out up to £130m to buyers of some its new-build leasehold properties left near-worthless after they...
Southwest Airlines reported a lower-than-expected quarterly profit, hit by higher operating expenses and a 2.6-percent decline in average fares.
Bristol-Myers Squibb Co. shares surged 3.2% in premarket trade Thursday after the company reported first-quarter profit and revenue beats. Earnings for the latest quarter rose to $1.57 billion, or 94 cents per share, from $1.20 billion, or 71 cents...
* KKR & CO LP says aum was $137.6 billion as of march 31, 2017, an increase of $8.0 billion, compared to aum of $129.6 billion as of december 31, 2016
The European Central Bank left its key refi rate at zero. The ECB also left its deposit rate at a negative 0.40%. That means banks continue to pay to have their money parked at the bank. Asset purchases remain at 60 billion euros per month until end...
MUMBAI, April 27 (Reuters) - India's antitrust regulator has ordered a probe into Swiss drugmaker Roche for allegedly using anti-competitive practices to restrict cheaper copies of a blockbuster cancer drug from reaching patients.
Didi Chuxing, China's top ride-hailing firm, is set to raise up to $6 billion with a fresh injection of capital from investors including Softbank Group Corp, valuing the company at over $50 billion, Reuters reported.
Getty ImagesGood morning. Here's everything you need to know in the world of advertising today.1. Instagram now has 700 million users. The app said it had 600 million users in December.2. P&G wants to cut $2 billion of its marketing spend...
A Texas judged ordered Exxon Mobil to pay $19.9 million in fines on Wednesday after finding one of the company’s refining and chemical plants illegally spewed millions of pounds of pollutants into the air. Conservation groups Environment Texas and...
Biogen (BIIB) reported its 1Q17 results on April 25, 2017. Its revenues were about $2.8 billion, which is a YoY (year-over-year) rise of about 3.0%.
April 27 (Reuters) - Britain's FTSE 100 index is seen opening down 0.42 percent on Thursday, according to financial bookmakers. * HENDERSON: Shareholders of British asset manager Henderson Global Investors backed its $6 billion merger with U.S....
CASPER, Wyo. (AP) - The state of Wyoming is asking the public how it should spend about $7.5 million from a multibillion-dollar settlement stemming from a class-action lawsuit against Volkswagen. The German car company reached a $4.3 billion...