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Reuters: Business News

(Reuters) - Wall Street opened flat on Tuesday as gains in healthcare stocks were largely offset by losses in financials, with an earnings beat from Goldman Sachs failing to cheer investors.

10/17/2017 8:17:18 AM

LONDON (Reuters) - Jerome Powell likely will be the next Federal Reserve chairman, according to a slim majority of economists in a Reuters poll - but most of them said current Fed Chair Janet Yellen would be the best option.

10/17/2017 7:28:38 AM

NEW YORK (Reuters) - Wall Street rivals Goldman Sachs Group Inc and Morgan Stanley topped analyst expectations on Tuesday, reporting third-quarter earnings gains from a range of products and services despite an industry-wide decline in bond trading.

10/17/2017 8:29:29 AM

(Reuters) - Johnson & Johnson reported a higher-than-expected quarterly profit and raised its full-year forecast as the company gained from strong sales of its new cancer drugs.

10/17/2017 7:21:33 AM

MONTREAL/TOULOUSE, France (Reuters) - Airbus SE has agreed to take a majority stake in Bombardier Inc's CSeries jetliner program, a deal that could allow the Canadian planemaker to sidestep U.S. tariffs threatened in a trade dispute with Boeing.

10/17/2017 7:51:29 AM

WASHINGTON (Reuters) - Trade ministers from the United States, Canada and Mexico wrap up a contentious round of NAFTA trade talks on Tuesday marked by aggressive U.S. demands that have left the future of the 23-year-old free trade pact in doubt.

10/17/2017 12:55:45 AM

SHANGHAI/BEIJING (Reuters) - Qualcomm Inc wants to hit Apple Inc where it hurts most: iPhone sales in China - one of its biggest global markets where most of its flagship smartphones are made.

10/17/2017 6:07:50 AM

SHANGHAI (Reuters) - Volvo Cars and its Chinese parent unveiled their first Polestar model and plans to invest 5 billion yuan ($760 million) in the electric vehicle brand, gearing up for intense competition to sell green cars in the world's biggest auto market.

10/17/2017 5:10:48 AM

BRUSSELS (Reuters) - British budget airline easyJet won't enter the rapidly growing low-cost, long-haul market given its abundance of options to buy parts of failed European airlines, CEO Carolyn McCall said on Tuesday.

10/17/2017 8:02:55 AM

(Reuters) - Morgan Stanley posted a much higher-than-expected quarterly profit on Tuesday as record revenue from its wealth management business helped offset the blow from a slump in trading activity.

10/17/2017 5:59:15 AM