 | | | | Federal Reserve Chair Jerome Powell is scheduled to speak Monday at a Bank for International Settlements conference on innovation in the digital age, the U.S. central bank said on Thursday. | | | | | | British supermarket group Asda said on Thursday that chief executive Roger Burnley will leave the business next year, confirming a Sky News report. | | | | | | U.S. delivery firm FedEx Corp on Thursday said quarterly profit jumped more than expected on higher prices and surging volume from pandemic-fueled home e-commerce deliveries. | | | | | | A lawyer representing Huawei Chief Financial Officer Meng Wanzhou told a Canadian court on Thursday that border agents who questioned her at the airport were "untruthful" when they said they handed over Meng's phone passcodes to police by accident. | | | | | | As Goldman Sachs Group Inc cashes in on a boom in market activity, a group of first-year analysts have warned senior management that they are overworked and will quit within six months unless conditions improve, according to an internal survey circulated online. | | | | | | Benchmark U.S. Treasury yields hit 14-month peaks on Thursday, putting fresh pressure on tech and other stocks as investors digested the Federal Reserve's latest meeting, while concerns over COVID-19 cases in Europe also sapped risk appetite and helped pummel oil prices. | | | | | | Nike Inc fell short of Wall Street estimates for third-quarter revenue on Thursday, as higher online demand failed to make up for a slump in sales at brick-and-mortar stores during the COVID-19 pandemic. | | | | | | Wall Street ended sharply lower on Thursday, with the Nasdaq tumbling 3%, hit by rising Treasury yields and fresh worries about the coronavirus pandemic in Europe. | | | | | | Altice USA Inc has reached a nearly $72 million settlement to resolve New York state claims that the phone and cable TV provider failed to adequately prepare for or respond to Tropical Storm Isaias in August, when more than 439,000 customers lost service. | | | | | | Oil prices plunged for a fifth day in a row on Thursday, posting their biggest-one day declines since last summer on growing worries about rising COVID-19 cases in Europe and the strengthening U.S. dollar. | | | | | |
