SYDNEY Fresh cracks appeared in global markets on Thursday as investors sought the safety of Japanese yen, gold and top-rated bonds while dumping U.S. dollars on bets the Federal Reserve could be done raising interest rates.
Recent Business News
SAN FRANCISCO Yahoo Inc announced Wednesday it will lay off 107 employees in the first of what is expected to be more than 1,500 job cuts.
Generic drugmaker Mylan NV said it would buy Meda AB in a $7.2 billion cash-and-stock deal in its third attempt to buy the Swedish company.
SEATTLE Boeing Co said on Wednesday it would cut jobs at its commercial airplane unit, addressing intense pressure to reduce costs and compete with Airbus even as the industry booms.
Amazon.com Inc , the world's largest e-commerce company, said on Wednesday its board authorized a $5 billion share buyback program.
Tesla Motors Inc Chief Executive Elon Musk on Wednesday promised investors that the electric luxury car maker will start making money this year, sending the company's shares up sharply despite a wider fourth-quarter loss.