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Top News & Analysis Cleveland

  • Jan 25- The Dow Jones Industrial Average marched higher after hitting 20,000 for the first time on Wednesday as strong earnings and President Donald Trump's pro-growth initiatives reignited a post-election rally. The Dow came within a point of the historic mark on Jan. 6, as investors banked on pro-growth policies and tax cuts many expect from the new...

  • AMSTERDAM, Jan 24- Medical equipment maker Philips missed forecasts for fourth-quarter earnings on Tuesday and disclosed a dispute with the U.S. Justice Department over heart defibrillators it had sold until 2016, but said the matter would not alter its medium term outlook. Van Houten said Philips' defibrillator business would be "impacted" but the scope was...

  • Jan 18- While environmental pollution and risks persist in the United States, as seen most recently with the Flint water crisis, many Americans today take clean air and water for granted. With Donald Trump two days from his inauguration as the country's president, it is a good time-- as Congress considers his nominee to lead the Environmental Protection Agency,...

  • ST. JOSEPH, Missouri, Dec 19- On a sunny November afternoon in this historic city, birthplace of the Pony Express and death spot of Jesse James, Lauranda Mignery watched her son Kadin, 2, dig in their front yard. In the year after Flint switched to corrosive river water that leached lead from old pipes, 5 percent of the children screened there had high blood lead levels.

  • *Deal for $83/ share, or $4.3 bln, including debt. Dec 1- Parker-Hannifin Corp, whose motion and control systems are used in a variety of industries, said on Thursday it would buy Clarcor Inc for about $4.3 billion, including debt, to double the size of its filtration systems business. Clarcor's high percentage of recurring after-market sales would make...

  • WASHINGTON, Nov 30- The U.S. economy continued to expand in October and November, the Federal Reserve said on Wednesday, but there were only modest gains in wages and prices and the strong dollar was weighing on manufacturers. "As in the past four Beige Books, wage growth was characterized generally as modest, on balance, by district contacts," the Fed said.

  • LAUNCESTON, Australia, Nov 24- As the once-in-a-lifetime commodity boom winds down, a key concern has been what is going to replace the mega-projects built to feed China's appetite for natural resources. The huge minerals and energy projects that were both the solution and the demise of the China- inspired commodity super-cycle are unlikely to be repeated any...

  • LAUNCESTON, Australia, Nov 24- As the once-in-a-lifetime commodity boom winds down, a key concern has been what is going to replace the mega-projects built to feed China's appetite for natural resources. The huge minerals and energy projects that were both the solution and the demise of the China- inspired commodity super-cycle are unlikely to be repeated any...

  • MANCHESTER, N.H./ STERLING HEIGHTS, MICHIGAN, Nov 7- A s Donald Trump and Hillary Clinton criss-crossed the United States on Sunday in a final, frenzied burst of campaigning, the Republican said he was the "last chance" to fix a broken country while his Democratic rival said a "moment of reckoning" had arrived. Supporters near Pittsburgh booed a song by musician Bruce...

  • Chicago Cubs win 2016 World Series, ending the curse

    The Cubs defeated the Cleveland Indians in extra innings Wednesday night to clinch their first championship title since 1908.

  • MELBOURNE, Nov 3- After years of hard times, tin miners say they are starting to see interest from investors as global inventories fall and expectations grow that a wave of new mine supply from Myanmar will tail off, tightening supply. Private equity, funds and trade houses have begun to show interest in small scale tin miners, industry sources said in Melbourne...

  • A Cleveland Indians fan reacts during Game 6 of the 2016 World Series between the Chicago Cubs and the Cleveland Indians at Progressive Field on Nov. 1, 2016 in Cleveland.

    New data from TicketIQ shows Indians fans are flooding the market with tickets for Game 7. The ticket reseller calls it “the most interesting narrative we've ever seen."

  • NEW YORK, Oct 14- A heavy slate of U.S. corporate earnings could set the course next week for a wavering U.S. stock market. Mixed initial results have added to other concerns in recent days that hurt equities, including weak economic data in China, worries over Britain's exit from the European Union, and the likelihood of a Federal Reserve interest rate hike before...

  • FRIDAY, OCTOBER 14 BOSTON- Federal Reserve Chair Janet Yellen speaks on "Macroeconomic Research After the Crisis" before "The Elusive' Great' Recovery: Causes and Implications for Future Business Cycle Dynamics" conference hosted by the Federal Reserve Bank of Boston- 1730 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and...

  • THURSDAY, OCTOBER 13 PHILADELPHIA- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the World Affairs Council of Philadelphia- 1615 GMT. BRUSSELS- EU top regulators/diplomats speak at a banking union conference. KARLSTAD, Sweden- Sweden Riksbank Governor Stefan Ingves is talking at Karlstad University...

  • NEW YORK, Oct 7- Even with a good salary as a data scientist at a San Francisco technology firm, Yang Guo, 30, knew he couldn't afford a home in the Bay Area, among the priciest U.S. markets. He still wanted to own property in addition to stocks, however, and soon found a way to buy cheap rental houses in faraway cities- and to outsource the associated hassles to HomeUnion, a...

  • Oct 4- Wall Street edged higher on Tuesday morning, helped by a rise in technology stocks and a rebound in Deutsche Bank. The benchmark S&P 500 index has been swinging between gains and losses in the past few days as investors await the upcoming corporate earnings season and the outcome of a tight race for the White House. At 9:44 a.m. ET Dow Jones industrial...

  • Oct 4- Wall Street looked set for a subdued start on Tuesday as investors awaited more news on Deutsche Bank and assessed the chances of a U.S. interest rate hike in the coming months. "It looks like we have one of those choppy, directionless days unless we get something from Deutsche Bank," said Matthew Tuttle, chief investment officer at Tuttle Tactical Management...

  • ST. LOUIS, Sept 28- Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between. "The low interest rate environment is not just a U.S. phenomenon, or simply a situation engineered by...

  • ST. LOUIS, Sept 28- Investors may be expecting a U.S. interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between. "The low interest rate environment is not just a U.S. phenomenon, or simply a situation engineered by...