AMC wants to opt out of MoviePass' one-movie-a-day deal
AMC wants to opt out of MoviePass' one-movie-a-day deal
Speed up truck border crossings: CFIB
The Takeaways From the July FOMC Minutes
Aug.16 -- Federal Reserve officials engaged in a detailed debate about inflation while keeping the door open for a September announcement on the timing of balance-sheet reductions, according to minutes from their policy meeting in July. Bloomberg's Christopher Condon reports on "Bloomberg Markets."
Carmakers win brief reprieve from lawsuits over faulty Takata air bags
The decision gives the Japanese auto supplier breathing room to work through its bankruptcy reorganization. U.S. Bankruptcy Judge Brendan Shannon in Wilmington, Delaware, granted a 90-day halt on lawsuits brought by Hawaii, New Mexico, the U.S. Virgin Islands as well as individuals. Takata (7312.T) argued for a six-month freeze on hundreds of lawsuits so management could complete a $1.6 billion sale of its viable operations, crucial to its reorganization, and replace air bag inflators that are subject to the biggest recall in automotive history.
US stocks edge higher as retailers rally; oil companies fall
NEW YORK (AP) — U.S. stocks are slightly higher Wednesday as Urban Outfitters and Target climb. That's helping many retailers recover some of the sharp losses they took a day earlier. Technology companies are rising as well, but energy companies are falling as the price of oil turns lower.
Wall St near flat; Trump disbands two advisory councils
Stocks briefly regained some ground after minutes from the last Federal Reserve meeting. The minutes showed policymakers appeared increasingly wary about recent weak inflation and some called for a halt to further interest rate hikes until it was clear the trend was transitory. Trump's move came after two more CEOs resigned from the manufacturing council on Wednesday in response to the president's comments on the Charlottesville violence over the weekend.
Border Barriers: A trucking wish list for NAFTA