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Corporate America's profit outlook keeps getting worse (SPX, SPY)
Much digital ink has been spilled over corporate earnings this year. Something fishy is happening. The numbers are getting fudged. Companies are hiding things. It's all an illusion. And so on. So let's...
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U.S. law firm says will pursue VW claims in Europe
BERLIN (Reuters) - U.S. law firm Hausfeld said it will pursue claims of European customers harmed by Volkswagen's emissions scandal, adding to the German automaker's mounting legal challenges.On...
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China's ZTE Corp shares to resume trading Wednesday morning: source
By Steve StecklowLONDON (Reuters) - Shares of China’s ZTE Corp are expected to resume trading on Wednesday morning in Hong Kong and the company will appeal new U.S. export restrictions against it,...
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This interactive map of China’s power in the South China Sea is a wake-up...
Slowly but steadily, Beijing has been expanding and developing its military capabilities in the South China Sea.Over the protests of other countries in the region — particularly Vietnam and the...
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Lockheed funds suppliers to keep F-16 fighter line going
By Andrea Shalal and Idrees AliWASHINGTON (Reuters) - Lockheed Martin Corp is using its own funds to pay suppliers and stave off the closure of its F-16 fighter jet production line as it waits to...
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18 books Wall Street will be reading this spring
18 books Wall Street will be reading this springJoin the conversation about this story »NOW WATCH: Here’s why you should never put Q-Tips in your ears
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Stocks and dollar hold breath for Fed, oil bounces
By Wayne ColeSYDNEY (Reuters) - Asian shares were mixed on Wednesday while the dollar dithered as markets waited anxiously for the Federal Reserve to provide guidance on the risk of U.S. rate hikes...
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VW diesel recalls in Germany delayed by weeks: Bild
BERLIN (Reuters) - Volkswagen's modification of about 2.5 million diesel cars in Germany is being delayed by at least six weeks, daily newspaper Bild reported on Wednesday.The carmaker has not yet...
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FCC likely to circulate draft order approving Charter-Time Warner Cable...
(Reuters) - U.S. Federal Communications Commission Chairman Tom Wheeler is likely to circulate a draft order approving Charter Communications Inc's $56 billion deal to buy Time Warner Cable Inc , the...
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'I have the best job in the world': What it takes to be a master taster at...
When the great-grand niece of Jack Daniel, applied to be a whiskey taster at the Jack Daniel Distillery, she had to go through the same rigorous selection process as everyone else."I tried that card...
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Slim companies spend over $200 million on America Movil stock
MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim's bank and his holding company spent over $200 million between November and late February to buy nearly 350 million shares in Slim's America...
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Caesars examiner report finds up to $5 billion in potential damages
CHICAGO (Reuters) - Caesars Entertainment Corp removed assets from its casino operating unit to the detriment of the unit and its creditors, a court-ordered examiner found in a non-binding...
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Fractured electorate hampers efforts to mend 'slow puncture' economy
By Mike DolanLONDON (Reuters) - The combination of a slow-growth world of shrinking policy options and the splintered political voting patterns it's fostered is stifling the global economy at a...
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The 10 most important things in the world right now
Good morning! Here's what you need to know on Wednesday.1. Police faced one or more assailants during a major Franco-Belgian anti-terror operation Tuesday in Brussels linked to the Paris attacks and...
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10 things you need to know in markets today
Good morning! Here's what you need to know in markets on Wednesday.It's budget day. Government plans to turn a budget deficit into a surplus by the end of the decade look off course, and on Sunday...
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FINTECH BRIEFING: UK regulator on robo-advisors — Regtech firm launches in...
Welcome to The Fintech Briefing, a morning email providing the latest news, data, and insight into disruptive fintech in the UK and Ireland, the Continent, and beyond, produced by BI Intelligence.Want...
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The biggest European markets deal in decades is going ahead
The London Stock Exchange (LSE) has agreed merger terms with German stock exchange operator Deutsche Borse.LSE said in a statement on Wednesday that both parties "have reached agreement on the terms of...
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JACK BOGLE: If you own the S&P 500, you're already investing outside the US!...
Jack Bogle, founder of the Vanguard Group, is not a fan of investing abroad.The creator of indexed mutual funds thinks that investing outside of the US is too risky and American investors should keep...
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Volkswagen just blew the doorway open for its competition
Volkswagen Group has been one of the largest and most profitable car companies in the world.In spite of its well-documented struggles in the US market, the German automaker has thrived just about...
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Fast-food CEO says he's investing in machines because he can't afford to pay...
The CEO of Carl's Jr. and Hardee's has visited the fully automated restaurant Eatsa— and it's given him some ideas on how to deal with rising minimum wages. "I want to try it," CEO Andy Puzder told...
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