Toys 'R' Us seeks to halt vendor payments ahead of liquidation

(Reuters) - Toy retailer Toys 'R' Us Inc on Thursday asked the U.S. Bankruptcy Court for approval to stop paying all of its suppliers while it tries to line up buyers for its international business ahead of a planned liquidation of its U.S. operations.

Broadcom revenue rises 28.7 percent

(Reuters) - Chipmaker Broadcom Ltd reported a 28.7 percent jump in quarterly revenue on Thursday on strong demand for its chips from smartphone makers.

Wells Fargo CEO defends pay; calls U.S. Senator Warren's criticism 'inappropriate'

DETROIT (Reuters) - Wells Fargo & Co Chief Executive Tim Sloan on Thursday defended a 35 percent gain in his latest compensation package, while describing comments last year by Democratic U.S. Senator Elizabeth Warren, who had called for his ouster, as "inappropriate."

U.S. judge hearing AT&T trial sets opening arguments for Wednesday

WASHINGTON (Reuters) - Opening arguments in a trial to decide if AT&T's plan to buy Time Warner is legal under U.S. antitrust law will begin on Wednesday following two days to hear pre-trial motions, Judge Richard Leon said in a pre-trial hearing on Thursday.

S&P ends slightly lower after choppy session

NEW YORK (Reuters) - The S&P 500 ended slightly lower on Thursday in choppy trade as strong jobs and manufacturing data was balanced by a report that U.S. Special Counsel Robert Mueller had issued a subpoena for documents related to U.S. President Donald Trump's businesses.

Oil edges up but rising crude supply checks gains

NEW YORK (Reuters) - Oil prices edged higher in choppy trade on Thursday after the International Energy Agency said global oil demand is expected to pick up this year, but warned supply is growing at a faster pace.

Ford will speed shift to SUVs to boost profit, shares

DEARBORN, Mich. (Reuters) - Ford Motor Co executives on Thursday disclosed ambitious plans to shift the struggling automaker's product portfolio from passenger cars to SUVs, add more hybrid and pure electric vehicles, and reduce development and manufacturing costs - moves aimed at boosting Ford's profit and share price.

Whistleblower says Walmart, eyeing Amazon, cheated on e-commerce

(Reuters) - Walmart Inc was sued on Thursday by a former executive who accused the world's largest retailer of issuing misleading e-commerce results, amid growing pressure from Amazon.com Inc , and firing him for complaining about it.

Investors flock to safe-haven bonds, stocks off highs

NEW YORK (Reuters) - U.S. stock indexes wavered between gains and losses on Thursday as short-term concerns eased over a global trade war, but fears of longer-term instability kept demand high for safe-haven government bonds on both sides of the Atlantic.

Spotify shuns traditional IPO, pitches growth to retail investors

LONDON/SAN FRANCISCO (Reuters) - Streaming music leader Spotify said on Thursday it has a clear path to profit as it spelled out to retail investors its growth plans and how it aims to fend off big rivals Apple Inc and Amazon.com Inc ahead of an unusual April 3 listing.

Apple supplier Jabil's revenue rises 19 percent

March 15 (Reuters) - Apple supplier Jabil Inc's quarterly revenue rose 19.2 percent, helped by strong growth in its diversified manufacturing services business.

Related Videos

New Yorkers say they'll miss Toys'R'Us

Who'll gain from the Toys 'R Us bankruptcy

Read Reuters on the go

Download the free Reuters News app today for breaking news, analysis and market data from the world's most trusted news organization.

Get the app