Business

SAN FRANCISCO/LOS ANGELES (Reuters) – PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month’s deadly wildfire in northern California. Employees of Pacific Gas & Electric
0 Comments
(Reuters) – Home Depot Inc (HD.N), the biggest U.S. home improvement chain, suggested on Tuesday that the pace of U.S. home sales was slowing, and said impending trade tariffs could raise prices for its products. FILE PHOTO – A Home Depot employee is seen outside a store in Los Angeles, California March 17, 2015. REUTERS/Lucy
0 Comments
WASHINGTON (Reuters) – When Democrats take control of the U.S. House they plan to investigate the Trump administration’s decision to try to block AT&T Inc (T.N) from acquiring Time Warner, and whether officials sought to punish Amazon.com Inc (AMZN.O) by prodding the U.S. Post Office to hike shipping prices for the world’s largest e-commerce company,
0 Comments
NEW YORK (Reuters) – U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s expected drop in profit growth may be sharper than feared. FILE PHOTO – A sign for the Wall Street subway station is seen in the financial district in New York City, U.S., August 23,
0 Comments