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U.S. producer prices dropped by the most in more than two years in December as the cost of energy products and trade services fell, adding to signs of tame inflation that may allow the Federal Reserve to be patient about raising interest rates this year.
Drugstore chain Walgreens Boots Alliance Inc and Microsoft Corp said on Tuesday they have entered a seven-year agreement to research and develop new methods of delivering healthcare services through digital devices.
U.S. producer prices fell by the most in more than two years in December amid declines in the costs of energy products and trade services, adding to signs of tame inflation that could allow the Federal Reserve to be patient about raising interest rates this year.
One of three new board members nominated by Brazil's government to sit on the board of state-run oil company Petroleo Brasileiro SA was fined in 2016 by securities regulator CVM for insider trading, according to CVM documents on the ruling seen by Reuters.
Delta Air Lines Inc on Tuesday forecast a further decline in revenue growth per mile flown in the first quarter, hit by a partial government shutdown and worries about whether airlines can raise fares in an uncertain global economy.
U.S. shoppers spent a record $126 billion on online shopping during the 2018 holiday season, taking advantage of early discounts on Amazon.com and other websites and with more people using smartphones to place their orders, Adobe Analytics said on Tuesday.
UnitedHealth Group Inc is performing better in 2019 than suggested by the Wall Street analyst consensus for first-quarter adjusted earnings, Chief Financial Officer John Rex said on Tuesday during a conference call with investors.
Volkswagen AG and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars.
Wells Fargo & Co on Tuesday reported quarterly revenue that missed analysts' estimates, as revenue across all its banking units declined, especially at community banking, the unit at the center of its 2016 sales scandal.
Spluttering noises from Germany and an earnings miss from banking giant JP Morgan dragged back stocks on Tuesday, while Britain's pound hovered near a two-month high ahead of a crucial parliamentary vote on Brexit.
Corruption-ensnared Odebrecht SA has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht's huge debt load, according to two sources with knowledge of the matter.
Delta Air Lines Inc's profit more than tripled in the fourth quarter compared to a year earlier and the second largest U.S. carrier forecast unit revenue, a closely watched measure of performance, to be flat to up 2 percent in the first quarter.
PG&E Corp's chances of emerging from bankruptcy proceedings hinge in part on an arcane California legal rule that threatens to keep the utility owner perpetually on the hook for liabilities from catastrophic wildfires even beyond the more than $30 billion the company expects to face from recent blazes.
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