The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network but was unable to control rising costs.
SoftBank's Yahoo Japan, one of Japan's top internet firms, confirmed it is in talks to merge with Line Corp , a $27 billion union that would bring the messaging app operator under the SoftBank umbrella as it expands e-commerce and payments services.
Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet's Google, Facebook, Amazon and Apple on Wednesday, with the chair of a House subcommittee expressing frustration over the companies' continued acquisitions.
Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make big profits for investors, the Wall Street Journal reported on Wednesday.
The U.S.-China trade war is unlikely to see a permanent truce over the coming year, and while concerns have eased over a U.S. recession, an economic rebound is also not expected any time soon, according to a Reuters poll of economists.
The head of the Southwest Airlines Co pilot union Wednesday sharply criticized Boeing Co and questioned whether the manufacturer was trying to speed up the timeline for the 737 MAX's return to service.
Tesla will build its first European factory and design center near Berlin, giving the U.S. electric car pioneer the coveted "Made in Germany" label just as local rivals Audi, BMW and Mercedes prepare to launch competing cars.
| Funds | News |
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Disclaimer
Funds are ranked in order of their 3 Year Total Return Annualized Performance (Daily)
Duplicate funds have been removed so not show multiple share classes, so funds with the highest total net assets are ranked.
Data provided by Lipper
About Lipper Ratings - Lipper Ratings for Total Return reflect funds' historical total return performance relative to peers. Lipper Ratings DO NOT take into account the effects of sales charges. Overall Lipper Ratings are based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable).
| S&P » | 3,094.04 | +0.07% |
| Dow » | 27,783.59 | +0.33% |
| FTSE 100 » | 7,351.21 | -0.19% |
| Nikkei 225 » | 23,130.59 | -0.81% |
| US 10YR |
+1.876
|
+0.007 |
| DE 10YR |
-0.299
|
+0.003 |
| JP 10YR |
-0.055
|
-0.012 |
| USD / EUR » | 0.9087 | +0.03% |
| USD / GBP » | 0.7789 | +0.12% |
| USD / JPY » | 108.6900 | -0.11% |