General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, four sources with direct knowledge […]
Home Depot on Tuesday reported earnings and sales for the fourth quarter of fiscal 2017 that topped Wall Street’s expectations, as more shoppers flocked to its stores and rung up bigger tickets during the period. […]
Worries about the Federal Reserve hiking interest rates more aggressively to combat rising inflation should not overshadow the benefits of stronger economic growth, the billionaire co-founder of Blackstone Group told CNBC on Thursday. “I think […]
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