Wall Street ends up slightly as Fed minutes support cautious stance

The carrier dragged down shares of other airlines, sending the Dow Jones US Airlines index down 2.6 percent. Advancing issues outnumbered declining ones on the...

Exclusive: Brazil's Odebrecht to propose bondholder losses of over 70 percent – sources

SAO PAULO (Reuters) - Brazilian conglomerate Odebrecht SA next week will ask its bondholders to accept losses of more than 70 percent from...

SK Hynix plans to spend $107 billion building four memory chip plants

The chip fabrication plants will be built on a 4.5 million square meter site south of Seoul beginning 2022, complementing two existing domestic factories...

Google's new cloud boss has big task to catch rivals, Reuters data show

Now comes the hard part: winning over big-spending customers. Alphabet Inc’s cloud computing division remains a distant third behind Amazon.com Inc and Microsoft Corp in...

PG&E extends deadline for board nominations

(Reuters) - PG&E Corp, which filed for bankruptcy last month in the wake of potential liabilities from California’s catastrophic wildfires, on Thursday extended the...

Fed flags end to balance sheet runoff, patience on rates

Research staff presented options at the meeting for “substantially slowing” the runoff of the Fed’s balance sheet, “at some point over the latter half...

Kraft Heinz discloses SEC probe, $15 billion write-down; shares dive 20 percent

The gloomy results and forecast from the company, which is one of billionaire Warren Buffett’s largest investments, reflect changes in consumer trends away from...

Sony to beef up chip business with new engineers

TOKYO (Reuters) - Sony Corp said on Thursday it will assign 40 percent of its new engineer hires in Japan over the next two...

EU trade chief sees EU decision soon to start U.S. trade talks

BUCHAREST (Reuters) - European Trade Commissioner Cecilia Malmstrom said on Friday she expected European Union governments to decide soon to start trade negotiations with...

Volkswagen boss says U.S. tariffs could cost up to 2.5 billion euros: Financial Times

FRANKFURT (Reuters) - The biggest threat to Volkswagen’s 2019 profit is potential tariffs from the United States, Chief Executive Herbert Diess told the Financial...

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