Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
General Motors stands to lose hundreds of millions of dollars in lost production as a United Auto Workers union strike against the automaker enters its second day, but Wall...Autosread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
The White House and General Motors on Tuesday are decrying a Politico report that the Trump administration has gotten involved with the automaker's contract negotiations with...Autosread more
WeWork hopes to sharpen its story for investors as it works to get its on-again, off-again IPO back on track.Technologyread more
The Justice Department said it was seeking to recover "all proceeds earned by Snowden because of his failure to submit his publication for pre-publication review in violation...Politicsread more
"It is really a tale of pretty failed governance, almost of the highest order, short of something fraudulent," says the tech investor.Deals and IPOsread more
Private equity firm 3G Capital Partners discloses that it sold 25.1 million shares of Kraft Heinz, bringing its stake down by about 9%.Marketsread more
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.Economyread more
As the yen cracks below 100 for the first time since the Brexit vote, Japan's largest companies are betting the currency will recover and boost profits.
For 20 Japanese companies with a market cap of more than $15 billion, the average forecast for was 107.2 by March 31, 2017, according to analysis of their latest earnings reports by AlphaSense, a financial search engine.
Some on Wall Street agree with that view. UBS expects the yen to reach 104 versus the U.S. dollar in the next three to six months, and 107 in the next 12 months. Bank of America Merrill Lynch is even more optimistic with expectations the Japanese currency will reach 105 by year-end and 115 by the end of next year. The yen briefly fell below 100 against the dollar Tuesday morning to hit its lowest since June 24, after the surprise U.K. vote to leave the European Union.