Fed Raises Interest Rates But Forecasts Fewer Rate Hikes Next Year

In a widely expected move, the Federal Reserve announced its decision to raise interest rates by a quarter point on Wednesday. The central bank said its Federal Open Market Committee decided to raise the target range for the federal funds rate by 25 basis points to 2.

Lilly Announces Licensing Agreement for Non-Opioid Pain Asset from Centrexion Therapeutics

INDIANAPOLIS, May 28, 2019 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced a license agreement to acquire the exclusive worldwide right

CNW | First Cobalt Continues to Show Continuity of Mineralization at...

TORONTO, Nov. 19, 2018 /CNW/ - First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the "Company") is please

Boeing says it will cut 737 MAX production by 20 per...

Starting mid-April, production will be cut to 42 airplanes per month from 52, the company said on Friday, but Boeing said that it does not plan any layoffs due to the reduction in output.

U.S. drillers add rigs this wk, but cut most in a...

U.S. energy firms this week increased the number of oil rigs operating for the first time this year but the rig count in January fell the most in a month since April 2016, as the boom in the Permian, the nation's biggest shale oil formation, cools.

Morgan Stanley Q4 Results Miss Estimates – Quick Facts

Morgan Stanley (MS) on Thursday reported fourth-quarter net income applicable to the company's shareholders of $1.36 billion or $0.80 per share, up sharply from $473 million or $0.

Sterling Bancorp Enters Definitive Agreement to Acquire $504 Million in Commercial...

Source: globenewswire.com Sterling Bancorp signed a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank in an all-cash transaction....

Google Acquires Cloud Migration Company Alooma

Alphabet Inc.'s GOOGL Google said Tuesday that it had agreed to acquire cloud migration company Alooma for an undisclosed sum.

U.S. Crude Oil Inventories Rose by 10.27M Barrels Last Week: EIA...

U.S. Crude Oil Inventories Rose by 10.27M Barrels Last Week: EIA

Dropbox Announces Fiscal 2018 Third Quarter Results | Business Wire

Dropbox, Inc. (NASDAQ: DBX), a leading global collaboration platform, today announced financial results for its third fiscal quarter ended September 3