Business
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P&G hits two-year high as Trian stake sparks hopes of cost cuts, breakup
(Reuters) - Procter & Gamble Co's shares hit a two-year high at open on Wednesday after activist investor Nelson Peltz-led hedge fund disclosed...
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Trump to meet with retail CEOs who oppose border tax
By Ginger Gibson WASHINGTON (Reuters) - U.S. President Donald Trump will welcome the chief executive officers of Target Corp , Best Buy Co Inc...
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Fed's Yellen to repeat testimony pointing to rate hike: House aide
Federal Reserve Chair Janet Yellen testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on the “Semiannual Monetary...
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U.S. retail sales beat expectations in January
WASHINGTON, Feb 15 (Reuters) - U.S. retail sales rose more than expected in January as households bought electronics and a range of other goods,...
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Consumer prices post largest gain in nearly four years
WASHINGTON, Feb 15 (Reuters) - U.S. consumer prices recorded their biggest increase in nearly four years in January as households paid more for...
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Stock futures flat, digesting record run and before data blast
By Yashaswini Swamynathan (Reuters) - U.S. stock index futures were little changed on Wednesday, ahead of a blast of economic data and a day...
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Toyota sees plug-in hybrids catching on faster than conventional hybrids
By Naomi Tajitsu TOKYO (Reuters) - Toyota Motor Corp's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid...
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Anthem sues Cigna to block deal termination
(Reuters) - Anthem Inc said on Wednesday it has filed a lawsuit seeking to block smaller rival Cigna Corp from terminating their proposed $54...
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Big banks avoid hiring spree despite trading boom
By Jamie McGeever and Anjuli Davies LONDON (Reuters) - Market trading is booming at U.S. and European banks thanks to Donald Trump and Brexit,...
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PepsiCo revenue rises 5 percent on demand for healthy drinks, snacks
(Reuters) - PepsiCo Inc reported a 5 percent rise in quarterly revenue on Wednesday, as the company benefited from higher demand for its healthier...
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GM CEO, President at Opel HQ for talks with management
Dan Ammann (R), President of General Motors speaks during the Fortune Brainstorm Tech conference in Aspen, Colorado, U.S. in this handout photo...
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Britain raises concerns with GM over possible Vauxhall sale to France's PSA
LONDON (Reuters) - Britain has contacted the president of General Motors to express concerns after the American firm opened talks to sell its...