Business

Sean Rayford | Getty Images People navigate floodwaters caused by Hurricane Florence near the Waccamaw River on September 23, 2018 in Conway, South Carolina.  Hurricane Florence caused between $2.8 billion and $5 billion in insured losses when it blew into North Carolina earlier this month, according to an estimate from …

Pradeep Gaur | Mint | Getty Images Google CEO Sundar Pichai speaks during Digital Unlocked Google event at Taj palace on Jan. 4, 2017, in New Delhi, India. Google is adding a bunch of new features to its namesake search engine, executives said at an event in San Francisco on …

Brendan Smialowski | AFP | Getty Images U.S. President Donald Trump (L) and U.K. Prime Minister Theresa May at a press conference following their meeting at Chequers, the prime minister’s country residence, on July 13, 2018. British Prime Minister Theresa May said Monday that she trusts President Donald Trump, citing …

Luke Sharrett | Bloomberg | Getty Images A worker cleans a part of a gas turbine on the assembly line at the General Electric energy plant in Greenville, South Carolina. General Electric shares fell to a new 9-year low on Monday, dropping to levels not seen since July 13, 2009, …

RBC Capital Markets began coverage of AMD on Monday, saying the steady demand for gaming chips and the company’s solid gains in the server market makes the stock underrated. “While we think the stock will remain volatile, we note that AMD trades at a notable discount on a sales basis …

The first A350-900ULR (Ultra Long Range), which has an extended range of up to 9,700 nautical miles, was delivered to launch customer Singapore Airlines in September 2018. Singapore Airlines has taken delivery of a new plane that will perform the world’s longest commercial non-stop service by miles flown. The Airbus …

Marvel Studios Brie Larson as Captain Marvel, the first female superhero lead for Disney’s blockbuster comic book movie business, and ‘the most powerful character’ Marvel has come up with yet, according to the company’s president.  There is evidence that more female superhero movies are on the way. “With [‘Ant-Man and …

Stephen Yang / Bloomberg / Getty Images Martin Flanagan, president and CEO of Invesco Invesco is going to buy OppenheimerFunds, a subsidiary of Massachusetts Mutual Life Insurance, in a more than $5 billion deal, according to a report Friday by Financial Times service Ignites. The asset manager has been a …

A Duke Energy dam containing a lake in North Carolina was breached Friday, possibly causing coal ash to flow into the nearby Cape Fear River, the company said. Floodwaters topped a dike at Sutton Lake, a 1,100-acre reservoir at the L.V. Sutton Power Station. That water caused breaches in the …

Drew Angerer | Getty Images News | Getty Images President Donald Trump and Vice President Mike Pence walk together on their way to greet Harley Davidson executives on the South Lawn of the White House, February 2, 2017 in Washington, DC.   Less than a month after President Donald Trump called …