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U.S. economy likely slowed by hurricanes in third quarter

U.S. economic growth probably slowed in the third quarter as hurricanes Harvey and Irma restrained consumer spending and undercut construction activity, but underlying momentum likely remained strong amid robust business investment on equipment. More »

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Former FireEye CEO joins cyber venture fund Allegis

Technology executive Dave DeWalt has joined early-stage cyber-security venture capital firm Allegis Capital as a managing director, the fund said on Thursday, as it looks to invest more in companies closer to going public. More »

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Skip the health insurance tax question? Not so fast

With the fate of the Affordable Care Act up in the air after President Donald Trump took office in January, some taxpayers skipped a question on their 2016 returns that asked them to certify whether they had health insurance. More »

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Muguruza exits on day of upsets at China Open

World number one Garbine Muguruza fell at the first hurdle at the China Open on Monday, with the Spaniard forced to retire due to illness during her first-round match against Czech Barbora Strycova. More »

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European stocks on backfoot as politics play spoilsport again

European shares edged down on Monday as investors took a cautious view of the upcoming coalition tussle in Germany following elections in which Chancellor Angela Merkel secured a fourth term but saw her party weakened by a surge in support for the far-right. More »

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Oil prices slip, but hold near recent highs

U.S. crude oil prices slipped below $50 per barrel on Monday but stayed close to multi-month highs amid a drop in shale drilling and as refineries continued to restart after Hurricane Harvey. More »

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Stronger euro puts brake on European shares

European shares traded lower on Friday across most exchanges and sectors, failing to get support from subdued sessions in Asia and on Wall Street, and as the euro's rally dims appetite for regional stocks. More »

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Canada`s top marijuana producer to double production

Canada's biggest licensed producer of medical marijuana has bought land next to its greenhouse production site that will allow it to more than double the total volume of cannabis it can grow, its chief executive said on Thursday. More »

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United Tech to buy Rockwell Collins for $30 billion

Aerospace supplier United Technologies Corp (UTX.N) has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc (COL.N), the companies said on Monday, in a deal that bulks up UTC's power with plane makers by creating one of the ... More »

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Storm Harvey paralyzes a fifth of U.S. fuel output

Flooding from Tropical Storm Harvey has shut nearly a fifth of U.S. oil-refining capacity, triggering worries about a gasoline supply crunch as the slow-moving tempest lumbers through the heart of America's petrochemicals industry. More »

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Dollar steadies after dropping on U.S. political turmoil

The dollar steadied on Monday, edging away from four-month lows against the yen plumbed in the previous session as investors turned their focus from political turmoil in Washington to the Federal Reserve's annual central banking conference in Wyoming. More »