 | | | | HP Inc , the hardware business that was formerly part of Hewlett Packard Co, said on Thursday that Chief Executive Officer Dion Weisler is stepping down from the role in November. | | | | | | U.S. toy maker Hasbro Inc will buy Entertainment One Ltd for about $4 billion in cash, adding the independent studio with preschool brands such as Peppa Pig to the U.S. company known for Nerf and Power Rangers, the companies said on Thursday. | | | | | | Gap Inc posted quarterly same-store sales that fell short of analysts' estimates on Thursday, as Old Navy suffered its worse comparable sales figures in three years ahead of a planned spin-off of the brand. | | | | | | Salesforce.com Inc forecast third-quarter revenue above Wall Street estimates on Thursday, encouraged by more companies opting for its cloud-based services, sending its shares up 7% in extended trading. | | | | | | The bond market is in a "bubble," particularly sovereign debt, Guggenheim Partners global chief investment officer Scott Minerd warned on Thursday, and he said that efforts by the Federal Reserve to head off a recession by cutting interest rates will ultimately prove futile. | | | | | | Two Federal Reserve officials on Thursday said they see no need for an interest rate cut next month, while another said he was "open-minded," highlighting policymakers' divisions over how to respond to signs of a global economic slowdown. | | | | | | U.S. President Donald Trump, faced with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, summoned Cabinet members on Thursday to discuss ways to boost biofuel demand, four sources familiar with the matter said. | | | | | | An index of stock markets worldwide crept lower on Thursday on uncertainty over the outlook for U.S. interest rate cuts and weak U.S. manufacturing data that raised concerns about the health of the world's largest economy. | | | | | | China's embassy in Canada said on Thursday that bilateral ties were suffering "gross difficulties," and demanded Ottawa free Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou. | | | | | | U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadian men who have been held by China since late last year. | | | | | | The U.S. Federal Reserve is under pressure from President Donald Trump to cut interest rates. Investors expect the Fed to cut, perhaps by a lot. | | | | | |
