Business

News Hour:  The Dow Jones Industrial Average and the Nasdaq Composite hit record levels at the open on Tuesday, while the S&P 500 was less than five points away from hitting another all-time high. Investors are...

News Hour: General Motors Co on Tuesday reported that fourth-quarter net income dropped partly from $500 million in foreign exchange losses, and the automaker forecast flat 2017 profit per share despite hefty stock buybacks. The stock...

News Hour: The price of digital currency bitcoin hit its highest in a month on Tuesday, after a fall in Chinese foreign exchange reserves to their lowest in nearly six years highlighted Beijing’s efforts to control...

News Hour: Fujitsu Ltd’s biggest shareholder is planning to sell about $1 billion worth of the Japanese electronics conglomerate’s stock, part of a plan by the two firms to unwind their cross-shareholdings. The sale comes at...

News Hour: Australia’s central bank held interest rates at a record low of 1.50 percent on Tuesday but soft inflation and growth figures kept the door open for future cuts. The Reserve Bank of Australia slashed...

News Hour: The head of India’s National Commission for Women (NCW) on Monday backed a campaign to outlaw “barbaric” female genital mutilation (FGM), the first official support for the banning of the age-old ritual in the...

News Hour: Oil slipped further below $57 barrel on Monday as a stronger dollar and ample U.S. supplies outweighed OPEC output curbs and rising tensions between the United States and Iran. The dollar fell 0.3 percent...

News Hour: UniCredit began Italy’s biggest corporate share sale on Monday in an attempt to raise 13 billion euros ($14 billion) to rebuild the bank’s capital after a balance sheet clean-up Banks in Italy have been struggling...

News Hour: Hasbro Inc, the No. 2 U.S. toymaker, bucked the glum holiday-quarter trend, as it reported better-than-expected quarterly revenue and profit, helped by strong demand for Disney princess dolls and board games. The toymaker’s shares...

News Hour: Swedish home appliance maker Electrolux said on Monday it was buying precision cooker maker Anova in the United States as it looks to accelerate its development of connected devices for kitchens and homes. Home...