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Monday, August 20, 2018
Nordstrom on Thursday reported earnings and sales for the second quarter that topped analysts' expectations and also raised its outlook for the full year, citing momentum in its online business and robust traffic at Nordstrom Rack. Its shares soared more than 13 percent in after-hours trading on the news. ...
Cisco stock rose more than 6 percent on Wednesday after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on July 28. Here's how the company performed: Earnings: 70 cents per share, excluding certain items, vs. 69 cents per...
NEW YORK -- Starbucks says an employee in Philadelphia has been fired after allegedly mocking a customer with a stutter. The coffee chain says the behavior did not reflect the experience customers should have and the employee is no longer...
BEIJING/WASHINGTON (Reuters) - China accused the United States on Thursday of “opening fire” on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in. U.S. President Donald Trump has threatened to...
NEW YORK (Reuters) - Oil prices rose on Tuesday on growing supply disruptions in Norway and Libya, but gains were pared after the United States said it would consider requests for waivers from Iranian oil sanctions. FILE PHOTO: An oil pump jack is seen at sunset near Midland,...
WASHINGTON (Reuters) - Tesla Inc’s (TSLA.O) handling of Chief Executive Elon Musk’s proposal to take the carmaker private and its failure to promptly file a formal disclosure has raised governance concerns and sparked questions about how companies use social media. FILE PHOTO: Tesla CEO Elon Musk at a...
ZURICH (Reuters) - Fiat Chrysler Chief Executive Sergio Marchionne was being treated in a Zurich hospital on Sunday with a serious illness after suffering complications following shoulder surgery. FILE PHOTO: Fiat Chrysler Automobiles CEO Sergio Marchionne jokes with a tie next to chairman John Elkann during media conference...
SYDNEY (Reuters) - Asian share markets were under pressure on Wednesday as weakness in Chinese stocks and the yuan weighed on sentiment in the region, while oil climbed as the United States pressured allies to stop buying Iranian crude. FILE PHOTO: A man looks at an electronic board...
MILAN (Reuters) - Fiat Chrysler (FCA) (FCHA.MI) said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill. Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo PincaIn addition to being FCA chief executive, Marchionne...

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