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Wed, Sep 18th, 2019
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U.S. Stock Indexes Settle Little Changed After the Fed Cuts Interest Rates


The S&P 500 Index ($SPX) on Wednesday closed up by +1.03 (+0.03%), the Dow Jones Industrials Index ($DOWI) closed up +36.28 (+0.13%), and the Nasdaq 100 Index ($IUXX) closed unchanged. U.S. stock indexes settled mostly higher Wednesday on stronger-than-expected U.S. housing data and after the Fed cut interest rates. A -12% slump in FedEx on Wednesday undercut the overall market and fueled concerns about an economic slowdown. FedEx tumbled after i... Read more
Asian shares mixed following Fed's decision to cut rates

BANGKOK — Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts.

Welcome to Orcland: Lord of the Rings to film in New Zealand

WELLINGTON, New Zealand — Amazon announced Wednesday it will film its upcoming television series "The Lord of the Rings" in New Zealand, marking a return of the orcs, elves and hobbits to the country they became synonymous with over the course of six movies directed by Peter Jackson.

Canfor investor vows to vote against Pattison proposal to take company private

VANCOUVER — An investment management company that controls about 4.8 per cent of the shares of Canfor Corp. says it will vote against the proposal by a Jim Pattison Group company to take the lumber company private.

CFP.TO : 15.34 (+0.39%)
Amid terrorism talk, bail denied in aircraft sabotage case

MIAMI — A mechanic accused of sabotaging an American Airlines jetliner had expressed a desire for Allah to hurt non-Muslims, stored violent Islamic State videos on his cellphone and has a brother in Iraq possibly involved with the extremist group, according to new evidence unveiled at his bail hearing Wednesday.

Japan court to rule on TEPCO execs nuclear crisis liability

TOKYO — A Japanese court will decide whether three former Tokyo Electric Power executives are criminally responsible for the 2011 Fukushima meltdowns, the only criminal trial in the nuclear disaster spawned by an earthquake and tsunami.

Purdue Pharma asks judge to stop lawsuits against Sacklers

WHITE PLAINS, N.Y. — OxyContin maker Purdue Pharma has asked a bankruptcy court judge to halt all lawsuits against the company and its former directors, including members of the Sackler family, which owns the company.

Report: Cleanup of abandoned oil, gas wells could cost US

BILLINGS, Mont. — A U.S. government watchdog agency says taxpayers could potentially face hundreds of millions of dollars in cleanup costs from abandoned oil and gas wells on public lands.

Facebook CEO Mark Zuckerberg heads to Washington

SAN FRANCISCO — Facebook CEO Mark Zuckerberg will be in Washington Thursday to meet with lawmakers and talk about internet regulation.

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More news

Facebook CEO Mark Zuckerberg heads to Washington

Canadian Press - Wed Sep 18, 5:51PM CDT

Report: More people are supporting non-profit news sites

Canadian Press - Wed Sep 18, 4:56PM CDT

Courthouse break-ins appear part of Iowa security contract

Canadian Press - Wed Sep 18, 4:45PM CDT

$6.7M damages for death from exploding garbage truck tire

Canadian Press - Wed Sep 18, 4:36PM CDT

Business Highlights

Canadian Press - Wed Sep 18, 4:22PM CDT

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