Month: October 2018

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Stocks making the biggest moves after hours: PayPal, DowDuPont, AIG and more

See which stocks are posting big moves after the bell.

Goldman Sachs joins growing band of businesses snubbing Saudi conference

Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi.

Goldman Sachs joins growing band of businesses snubbing Saudi conference

Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of…

Who is Mohammed bin Salman? The prince at the center of Saudi Arabia’s controversy

Mohammed bin Salman, the crown prince of Saudi Arabia, is one of the most powerful men in the Middle East. Some say he’s a progressive reformer; others see him as a brutal hardliner who silences his opponents.

Convoy CEO: Inefficiency is a bigger problem than driver shortage for the trucking industry

Trucks are running across the country empty 30  to 40 percent of the time, says Convoy CEO Dan Lewis. He hopes to change all that by utilizing that free space.

Amazon to open Manchester office as it adds 1,000 British jobs

Amazon.com is opening its first office in Manchester, northern England, and expanding two other centers to house 1,000 new R&D roles in what it said was a major new investment in British innovation.

StarKist to Plead Guilty in Price-Fixing Probe

StarKist has agreed to plead guilty to a felony antitrust offense for fixing prices on canned tuna and faces a fine of up to $100 million, the Justice Department said Thursday.

PayPal quarterly profit beats estimates, shares rise

PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts’ estimates as the company signed up more new customers and volume of payments processed rose.

Trump’s claims of getting US troops the largest pay raise in a decade don’t match Pentagon records

The two largest increases in the last decade occurred in 2008 at 3.5 percent and 2009 at 3.4 percent raise, according the Department of Defense.

AIG sees third-quarter catastrophe losses of $1.5 billion-$1.7 billion

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.