| | Exxon, Chevron results linked to oil price, not cost cuts | | HOUSTON (Reuters) - Rising oil and natural gas prices boosted third-quarter profits at Exxon Mobil Corp and Chevron Corp by about 50 percent, underscoring how reliant they remain on commodity markets for their financial futures than better technology or cost cuts. | | | | | Euro headed for worst week of year; earnings boosts stocks | | NEW YORK (Reuters) - The euro was on track for its worst week in 2017, undermined by the Catalan parliament's independence vote and the European Central Bank's decision to prolong its bond purchases to keep interest rates low, while robust corporate earnings helped world equity markets advance. | | | | | U.S. investigating forex trading at Wells Fargo: WSJ | | (Reuters) - Federal prosecutors are investigating foreign-exchange trading at Wells Fargo & Co and have subpoenaed information from the firm, the Wall Street Journal reported, citing people familiar with the matter. | | | | | McDonald's sets new welfare standards for chicken suppliers | | CHICAGO (Reuters) - McDonald's Corp will require suppliers to improve the living conditions and slaughter process for chickens raised to be served in its restaurants, the company said on Friday, the latest changes affecting popular menu items like McNuggets. | | | | | Inventories, trade shield U.S. economy from hurricane headwinds | | WASHINGTON (Reuters) - The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in construction. | | | | | | | | | Related Video | | | | | | | | | Related News | | | | | | | | | | | Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | » » MORE NEWSLETTERS | | |