Sears chairman prevails in bankruptcy auction for retailer with $5.2B bid

Wed, Jan. 16, 2019

Lampert’s only challenger in the auction was Sears itself, and how much it would reap in a sale of its businesses and assets in pieces, the people said.

Verizon deepens ties with Apple, offers free Apple Music to some U.S. customers

Wed, Jan. 16, 2019

Last year, Verizon and Apple announced a partnership, giving some customers six months of Apple Music streaming service along with their data plan.

JPMorgan misses fourth-quarter profit estimates as bond trading slumps

Wed, Jan. 16, 2019

Its shares edged up 0.7 percent to close at $101.68.

Nissan plans to file for damages against Ghosn: source

Wed, Jan. 16, 2019

On Tuesday, a Tokyo court denied his request for release on bail, raising the possibility that he may remain in custody for months before his trial begins.

Oil firm as supply cuts point to tighter market despite weakening economy

Wed, Jan. 16, 2019

Brent crude oil futures LCOc1 were at $60.83 per barrel at 0748 GMT, 19 cents, or 0.3 percent above their last close.

Euro dips as dreary economy weighs, Brexit vote bolsters pound

Wed, Jan. 16, 2019

Prime Minister Theresa May’s government faced the vote on Wednesday after the crushing defeat of her Brexit divorce deal by parliament left Britain’s exit from the European Union in disarray just 10 weeks before it is due to leave.

FOREX-Euro dips as dreary economy weighs, Brexit vote bolsters pound

Wed, Jan. 16, 2019

The euro slipped against the dollar and the pound on Wednesday.

World stocks ride out May's Brexit defeat, pound steadies

Wed, Jan. 16, 2019

May’s government faces a no confidence vote on Wednesday after the shattering rejection left Britain’s exit from the European Union in disarray.