Thu, 20 Oct 2016 12:15:44 -0400WASHINGTON (Reuters) - U.S. home resales surged in September after two straight months of declines as first-time buyers stepped into the market, pointing to underlying momentum in the economy.
Thu, 20 Oct 2016 12:56:35 -0400(Reuters) - Wall Street recovered sharply to trade flat on Thursday as a rally in American Express and health stocks helped counter a drop in Verizon and technology stocks.
Thu, 20 Oct 2016 13:30:58 -0400(Reuters) - Verizon Communications Inc added fewer than expected wireless subscribers in the third quarter due to intense competition, and indicated it may renegotiate a deal to buy Yahoo Inc after a breach of Yahoo user email accounts.
Thu, 20 Oct 2016 14:01:13 -0400LONDON (Reuters) - Central bank officials looking into the factors behind the dramatic fall sterling took on Oct. 7 will make an initial report to the Bank for International Settlements in early November, sources with knowledge of the investigation said.
Thu, 20 Oct 2016 13:52:14 -0400(Reuters) - Wal-Mart Stores Inc said it was launching its warehouse retail business Sam's Club and a store for imported products on JD.com Inc's platform, three months after the world's largest retailer took a stake in the no. 2 Chinese e-commerce company.
Thu, 20 Oct 2016 10:06:01 -0400WASHINGTON (Reuters) - U.S. home resales rose more than expected in September, boosted by a firming labor market that is helping buyers overcome a fast increase in prices and a national shortage in inventory.
Thu, 20 Oct 2016 12:28:22 -0400LONDON (Reuters) - Using a rare hire from a Wall Street firm, HSBC is pushing hard to become the top European-based investment bank while its regional rivals struggle with regulatory fines and falling revenues.
Thu, 20 Oct 2016 12:36:18 -0400NEW YORK (Reuters) - A U.S. judge on Thursday approved a U.S. Commodity Futures Trading Commission deal with Deutsche Bank AG in which a monitor would be appointed to ensure the bank reports swaps data properly, but named someone other than the regulator's choice.
Thu, 20 Oct 2016 09:34:26 -0400LONDON (Reuters) - A blockchain platform developed by a group that includes more than 70 of the world's biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology.
Thu, 20 Oct 2016 10:25:10 -0400WASHINGTON (Reuters) - The California Attorney General's Office has launched a criminal investigation into Wells Fargo over allegations it opened millions of unauthorized customer accounts and credit cards, according to a seizure warrant seen by Reuters.