Gap pulls plug on Old Navy spinoff to focus on turning around sales

By Uday Sampath Kumar (Reuters) – Gap Inc <GPS.N> on Thursday scrapped its plan to spin-off…

Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFO

By Carl O’Donnell SAN FRANCISCO (Reuters) – Eli Lilly and Co <LLY.N> aims to announce roughly…

S&P 500 blasts through 3,300 as tech stocks surge

By Noel Randewich (Reuters) – The S&P 500 rallied through the 3,300 mark for the first…

Alphabet public market capitalization tops $1 trillion

NEW YORK (Reuters) – The public market capitalization of Google parent Alphabet <GOOGL.O> topped the $1…

Dollar gains, stocks scale fresh highs on data, trade deal

By Herbert Lash NEW YORK (Reuters) – The dollar rose while key world and stock indexes…

China, U.S. sign initial trade pact but doubts and tariffs linger

By Ryan Woo and Jeff Mason BEIJING/WASHINGTON (Reuters) – China will boost purchases of U.S. goods…

Oil ends higher, as trade deal progress spurs energy demand hopes

By Arathy S Nair NEW YORK (Reuters) – Oil rose about 1% on Thursday, as progress…

Trade deal no panacea for rocky U.S. relations with China

By Andrea Shalal and Cate Cadell WASHINGTON/BEIJING (Reuters) – From Huawei to the South China Sea,…

Exclusive: Cyber security firm McAfee hires new CEO

By Jessica DiNapoli and Joshua Franklin (Reuters) – McAfee LLC told Reuters on Thursday it has…

Bank of America adds advisors to cater to the ultra-wealthy

By Imani Moise (Reuters) – Bank of America Private Bank <BAC.N>, formerly U.S. Trust, is doubling…