NEW YORK (Reuters) – The top-performing U.S. growth fund managers of the last year are taking the recent slide in the U.S. stock market to add to their bets in companies they expect will continue to expand regardless of the direction of the overall economy. Among their top bets: life science companies like Biogen Inc […]

LONDON (Reuters) – U.S. investment bank Citi (C.N) said on Tuesday there is now a “very high” chance that Brexit will be delayed past March 29, after lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin. “After tonight’s emphatic rejection, small tweaks won’t get the deal over the line,” economists from […]

(Reuters) – Delta Air Lines Inc (DAL.N) on Tuesday posted a slight beat in fourth-quarter profit but forecast a decline in revenue growth in the first quarter, hit by a partial government shutdown and worries about whether airlines can raise fares in an uncertain global economy. Delta, the No. 2 U.S. airline, warned that revenue […]

(Reuters) – U.S. discount retailer Payless ShoeSource Inc has hired an adviser to help evaluate strategic alternatives, including a sale or restructuring, less than 18 months after it emerged from bankruptcy, people familiar with the matter said on Tuesday. The action underscores the efforts Payless is making to avoid a second bankruptcy, as the popularity […]

(Reuters) – U.S. stocks rose on Tuesday as Netflix spurred a rally in technology and internet stocks and UnitedHealth posted strong results, while hopes of more stimulus for China’s slowing economy encouraged buying in risky assets. Netflix Inc (NFLX.O) shares jumped 7 percent after the video streaming pioneer said it was raising prices for its […]

(Reuters) – U.S. stocks rose on Tuesday, as hopes of more stimulus for China’s slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo. JPMorgan Chase & Co (JPM.N) dropped 1.40 percent after the biggest U.S. lender by assets reported a lower-than-expected rise in quarterly profit […]

In less than two minutes, the men and boys in Gillette’s new ad engage in a panoply of bad behavior: bullying, fighting, discrimination, sexual harassment and more. A line of them, standing behind smoke wafting up from their grills, recites “boys will be boys will be boys will be boys.” “Boys will be boys”? Isn’t […]

(Reuters) – A Ukrainian computer hacker and several others were charged by U.S. authorities on Tuesday over their alleged roles in a scheme to trade on nonpublic corporate earnings news obtained by infiltrating a U.S. Securities and Exchange Commission database. The charges follow the SEC’s announcement in September 2017 that it had uncovered a hacking […]

Good Tuesday morning. Breaking: JPMorgan Chase reported profit of $7.1 billion, or $1.98 a share, for the fourth quarter, missing analysts’ expectations. (Was this email forwarded to you? Sign up here.) Global growth in 2019: ‘Less strong and less synchronized’ This year’s economic indicators are not doing much to bolster confidence so far. The World […]

M&S has revealed exactly which stores will be shut of it in the next wave of it’s plan to "reshape" its UK store estate. These plans are part of M&S’s accelerated plan to fix it’s business. Overall, more than 100 stores will shut, including 30 that have already closed, 8 that have previously been announced […]