Author: Reuters

LONDON/NEW YORK/FRANKFURT (Reuters) – Johnson & Johnson has pulled out of the race to buy Pfizer’s consumer health business, leaving GlaxoSmithKline and Reckitt Benckiser among those preparing bids, according to...

NEW YORK (Reuters) – The Dow Jones Industrial Average hit a record high on Thursday although much of Wall Street relinquished earlier gains after President Donald Trump said he wants a strong dollar. Powered by...

NEW YORK (Reuters) – Stocks on Wall Street advanced on Thursday, buoyed by solid corporate earnings and continued weakness in the dollar after comments by European Central Bank President Mario Draghi and U.S. Treasury...

WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in December, recording their biggest drop in nearly 1-1/2 years, likely as the boost from the replacement of flood-damaged houses in...

NEW YORK (Reuters) – The S&P 500 was little changed on Thursday as early gains spurred by solid earnings reports and a decline in the dollar evaporated and Caterpillar shares turned negative. Powered by...