Author: Reuters

(Reuters) – International Business Machines Corp’s quarterly revenue rose for the first time in nearly six years, largely due to growth in its focus areas such as cloud and security services. Powered by...

(Reuters) – American Express Co posted its first quarterly loss in 26 years, due a $2.6 billion charge related to the U.S. tax law overhaul and the credit card issuer also said it would suspend its share buyback program...

(Reuters) – Losses in healthcare and industrial stocks paused Wall Street’s new year rally that had driven the blue-chip Dow index to its fastest ever 1,000 point rise. Powered by...

WASHINGTON (Reuters) – U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, likely as unseasonably cold weather at the end of the month disrupted the construction of...

WASHINGTON (Reuters) – U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of...