 | | | | Insurer American International Group Inc said on Thursday it expects third-quarter pre-tax catastrophe losses, net of reinsurance, of between $1.5 billion and $1.7 billion. | | | | | | Five industry groups representing major internet providers and cable companies filed suit on Thursday seeking to block a Vermont law barring companies that do not abide by net neutrality rules from receiving state contracts. | | | | | | Goldman Sachs Group Inc will not send any of its executives to a Saudi investment conference next week, Chief Executive Officer David Solomon said in an interview with CNBC on Thursday. | | | | | | Banks on Thursday pushed back on how regulators are attempting to simplify rules prohibiting banks from trading on their own account, a development that is likely to delay efforts to wrap up the overhaul in the coming months. | | | | | | Stocks fell sharply on Thursday while the Japanese yen rose in a move toward safety assets, with traders citing the Sino-U.S. trade war, Italy's budget concerns and a widening gap between the United States and Saudi Arabia. | | | | | | Activist investor Daniel Loeb and Campbell Soup Co hardened their positions in the battle over the soup maker's future on Thursday as the hedge fund manager tried to woo retail shareholders and the company's interim chief executive told Reuters that Loeb had left no room for compromise. | | | | | | American Express Co topped Wall Street estimates for third-quarter profit on Thursday and lifted its yearly earnings forecast, as a strengthening U.S. economy powered higher credit card spending. | | | | | | U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors' appetite for risk amid global trade tensions and rising interest rates. | | | | | | U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan. | | | | | | Mexican retailer Walmart de Mexico reported third-quarter net profit on Thursday of 8.7 billion pesos ($464 million), modestly beating analysts' expectations. | | | | | | Anglo American unit De Beers is going after lucrative, but elusive high-tech markets in quantum computing, as it aims to expand its lab-grown diamond business beyond drilling and cutting. | | | | | |
