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Top News & Analysis United States

  • The platform, called GS Select, will make loans of $75,000 to $25 million using borrowers' investment portfolios as collateral. To find customers, Goldman is partnering with Fidelity Investment's clearing and custody business, which caters to small brokerages and wealth management firms. Goldman is turning to third parties because as a Wall Street bank that...

  • NEW YORK/ ATHENS/ MOSCOW, July 26- A U.S. jury indicted a Russian man on Wednesday as the operator of a digital currency exchange he allegedly used to launder more than $4 billion for people involved in crimes ranging from computer hacking to drug trafficking. Alexander Vinnik was arrested in a small beachside village in northern Greece on Tuesday, according to...

  • SHANGHAI, July 27- Viral photos and news reports in the United States allegedly showing a moldy ice cream maker at a U.S. outlet of McDonald's Corp have prompted swift action from the fast-food giant thousands of miles away: in China. The statement, which also appeared at the top of the burger chain's China website, underlines the sensitivity to potential food...

  • SHANGHAI, July 27- Viral photos and news reports in the United States allegedly showing a mouldy ice cream maker at a U.S. outlet of McDonald's Corp have prompted swift action from the fast-food giant thousands of miles away: in China. The statement, which also appeared at the top of the burger chain's China website, underlines the sensitivity to potential food...

  • SYDNEY, July 27- U.S. wheat rose 1 percent on Thursday to rebound from a near one-month low touched in the previous session, with a widely watched crop tour showing extensive damage to yields from recent hot, dry weather. The most active wheat futures on the Chicago Board of Trade had climbed 1.2 percent to $4.83-1/ 2 a bushel by 0248 GMT. The Wheat Quality Council tour...

  • WAUWATOSA, Wis. _ Waterstone Financial Inc. on Wednesday reported second-quarter net income of $8.9 million. On a per-share basis, the Wauwatosa, Wisconsin- based company said it had net income of 32 cents. Keywords: Waterstone Financial, Earnings Report.

  • COLUMBUS, Ohio _ WP Glimcher Inc. on Wednesday reported a key measure of profitability in its second quarter. The Columbus, Ohio- based real estate investment trust said it had funds from operations of $89.4 million, or 40 cents per share, in the period. For the current quarter ending in October, WP Glimcher expects its per-share funds from operations to range from...

  • July 26- Facebook Inc's mobile advertising business grew by more than 50 percent in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers. Shares in Facebook, owner of four of the most popular mobile services in the world,...

  • *The most active wheat futures on the Chicago Board Of Trade rose 0.5 percent to $4.80-1/ 4 a bushel by 0110 GMT, having closed up 0.8 percent on Wednesday when prices touched a near one-month low of $4.73 a bushel. *The most active corn futures were also little changed at $3.86-1/ 4 a bushel, having gained 1 percent in the previous session after prices had earlier hit a...

  • BENTON HARBOR, Mich. _ Whirlpool Corp. on Wednesday reported second-quarter net income of $189 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.60 per share. Three analysts surveyed by Zacks expected $5.36 billion.

  • SAN FRANCISCO, July 26- Software startup Slack Technologies Inc is raising $250 million in a new funding round, according to people familiar with the matter, boosting the company's valuation as Silicon Valley companies enjoy a surge in venture capital investments. SoftBank has been heavily investing in startups, and it recently launched a $93 billion Vision...

  • WASHINGTON, July 26- A Russian national suspected of being the mastermind behind a crypto-currency exchange has been indicted by a grand jury in California on money laundering charges, the U.S. Justice Department said on Wednesday. Alexander Vinnik, who was arrested in Greece on Tuesday, allegedly operated the BTC-e virtual currency exchange and used it to...

  • *Russia warns of retaliation, damage to U.S.- Russia ties. WASHINGTON/ MOSCOW/ BRUSSELS, July 26- U.S. lawmakers reached an agreement on Wednesday paving the way for the U.S. Senate to pass a bill as soon as this week to impose new sanctions on Russia and bar President Donald Trump from easing sanctions on Moscow without Congress' approval. Earlier on Wednesday, Russia...

  • COLUMBUS, Ohio— A swinging and spinning amusement park ride called the Fire Ball that broke apart on the opening day of the Ohio State Fair on Wednesday, killing one man and injuring seven other people, passed its inspections, officials said at a late-night news conference. Director of Agriculture David Daniels said all of the rides are checked several times when...

  • *Spot gold was nearly unchanged at $1,261.31 per ounce at 0049 GMT. *Republican U.S. Senate leaders, struggling to keep a seven-year-old promise to end Obamacare, turned their focus on Wednesday to passing a slimmed-down "skinny" repeal measure that would throw the issue into negotiations with the House of Representatives. *Russia warned it was edging closer to...

  • SOUDERTON, Pa. _ Univest Corp. of Pennsylvania on Wednesday reported second-quarter net income of $11.8 million. The bank, based in Souderton, Pennsylvania, said it had earnings of 44 cents per share. The holding company for Univest Bank and Trust Co. posted revenue of $56 million in the period.

  • KING OF PRUSSIA, Pa. _ Universal Health Realty Income Trust on Wednesday reported a key measure of profitability in its second quarter. The King Of Prussia, Pennsylvania- based real estate investment trust said it had funds from operations of $10.5 million, or 77 cents per share, in the period. The company said it had net income of $4 million, or 30 cents per share.

  • PLANO, Texas _ Tyler Technologies Inc. on Wednesday reported second-quarter net income of $31.6 million. Tyler Technologies expects full-year earnings in the range of $3.83 to $3.91 per share, with revenue in the range of $844 million to $854 million. Tyler Technologies shares have risen 27 percent since the beginning of the year.

  • SINGAPORE, July 27- Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant's push into populous Southeast Asia and its first head-on battle with its Chinese rival, Alibaba Group Holding. While Amazon does deliver to Singapore, higher-end services had not been available, such as Prime services which...

  • DALLAS _ United States Lime& Minerals Inc. on Wednesday reported second-quarter earnings of $5.3 million. The Dallas- based company said it had net income of 94 cents per share. Keywords: United States Lime& Minerals, Earnings Report.