Forex news, Company news, Analysis

Bain and KKR establish a severance fund for Toys R Us workers

KKR and Bain Capital, the private equity firms that owned Toys R Us before the company declared bankruptcy earlier this year, said Tuesday that they have each pledged $10 million ...
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US homebuilding rose in October on a rebound in multifamily housing projects.

U.S. homebuilding rose in October amid a rebound in multifamily housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in ...
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US companies aren’t in a hurry to leave China despite the trade war, analysts say

U.S. companies aren't leaving China in a big way yet, despite escalating trade tensions between the two economic powerhouses, analysts said. "A lot of companies are talking about making changes, ...
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Stocks making the biggest moves after hours: Urban Outfitters, L Brands and more

Check out the companies making headlines after the bell: Urban Outfitters shares rose over 6 percent during after-hours trading Monday after the retailer beat analysts' expectations on revenue and earnings ...
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The bull market is ‘in trouble,’ more selling to come: BNY Mellon

The bull market is "in trouble," strategist Alicia Levine told CNBC on Monday. U.S. stocks continued to fall on Monday, with large tech stocks leading the way down. The action ...
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Maxine Waters reportedly wants Terrorism and Illicit Finance Subcommittee to oversee foreign banks

Rep. Maxine Waters hopes to make changes to the House Financial Services Committee that could have implications for one of President Donald Trump's favorite lenders, Axios reported late Sunday. When ...
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Homebuilder confidence plummets to the lowest level in more than two years as ‘demand stalls’

Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders. Sentiment among homebuilders dropped 8 points in November to ...
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Goldman Sachs believes the US economy will slow to a crawl next year

Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the ...
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No-deal Brexit would be ‘wrecking ball’ for UK economy, British industry chiefs warn

The U.K.'s draft Brexit deal, causing such upset among the British political establishment, is not perfect but the country must avoid crashing out of the EU without a deal, the ...
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How a new breed of media companies is convincing people to pay for news again

Comcast Ventures had seen enough. Years of researching business models, seeing their own portfolio's performance and watching digital media startups struggle had made an impression. For 2018, the venture capital ...
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Amazon’s 2 new headquarters will need bodies to fill 50,000 high paying jobs: Here’s how to land one

Amazon will soon have more than 50,000 jobs to fill. The company announced this month it will open two new headquarters, one in New York City, and the other in ...
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