WASHINGTON (AP) — Manufacturing activity in New York picked up this month, expanding at the fastest pace in three years. Continue Reading Below The Federal Reserve Bank of New York says its Empire State manufacturing index jumped to 30.2, the highest level since 2014. Any reading above zero points to […]
FAN Editor
Wall St higher as bank stocks rebound, Apple gains
A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple prodded Wall Street’s main indexes higher in early afternoon trading on Monday. Continue Reading Below JPMorgan and Bank of America shares led the advancers on the S&P financial, both rising 1.5 percent as they tracked a […]
Wall St inches higher as bank stocks bounce back
U.S. stocks crept up in late morning trading on Monday as surging Treasury yields led to a rebound in bank stocks after three straight days of losses. Continue Reading Below The benchmark 10-year Treasury yields jumped after Federal Reserve Chair Janet Yellen reaffirmed the central bank’s view on gradual interest […]
Exclusive: T-Mobile, Sprint plan merger without selling assets
FILE PHOTO: Smartphones with the logos of T-Mobile and Sprint are seen in this illustration taken September 19, 2017. REUTERS/Dado Ruvic/Illustration/File Photo October 16, 2017 By Liana B. Baker and Anjali Athavaley (Reuters) – T-Mobile U.S. Inc <TMUS.O> and Sprint Corp <S.N> plan to announce a merger agreement without any […]
Viacom, Charter agree to extend renewal deadline: source
FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. REUTERS/Lucas Jackson/File Photo October 16, 2017 (Reuters) – Viacom Inc <VIAB.O> and Charter Communications Inc <CHTR.O> agreed on a short-term extension of their renewal deadline, a source familiar with the matter said, as […]
The Note: Trump moves to break governing deadlock, but can’t just go-it-alone
THE TAKE with ABC News’ RICK KLEIN The Trump presidency is no longer defined by paralysis. However, this flurry of unilateral action does not mean President Trump can ride alone and expect to get results. This presidential phase may be one of disruptive action — with Trump blowing things up […]
Storm Ophelia batters Ireland, trees and power lines down
Surfers watch as waves approach in the Atlantic on the eve of storm Ophelia in an area where the tide should be out in the County Clare town of Lahinch, Ireland October 15, 2017. REUTERS/Clodagh Kilcoyne October 16, 2017 By Clodagh Kilcoyne LAHINCH, Ireland (Reuters) – Tropical Storm Ophelia began […]
Ireland, UK brace for Ophelia; officials warn of ‘danger to life’
Storm Ophelia was beginning to pummel Ireland early Monday and is expected to hit Scotland and Northern Ireland, bringing “violent and destructive” wind gusting up to 90 mph as well as flooding due to heavy rain and storm surges. Forecasters said Ophelia is likely to be the most powerful storm […]
Exelixis liver cancer drug meets late-stage goal, shares jump
Oct 16 (Reuters) – Exelixis Inc. (EXEL) said on Monday its drug to treat patients with a type of liver cancer met the main goal in a late stage study, sending its shares up 19 percent in premarket trading. Continue Reading Below The drug, cabozantinib, showed statistically significant improvement in […]
Alleged deserter Bowe Bergdahl doubts he could get a fair trial after Trump comments
Former Taliban prisoner Bowe Bergdahl is expected to plead guilty to charges of desertion and misbehavior before the enemy in a military hearing that begins at Fort Bragg today as he doubts that he could get a fair trial following campaign statements by Donald Trump. Despite surviving five years in […]