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United lifts 2018 target as network growth boosts third-quarter profit

United Airlines posted solid third-quarter profit on Tuesday and raised its 2018 outlook for the third time this year, helped by its strategy to add flights at three mid-continent U.S. hubs: Chicago, Denver and Houston. ...

Trump widens Fed critique, calls it 'my biggest threat'

U.S. President Donald Trump heaped more criticism on the Federal Reserve in an interview with Fox Business Network on Tuesday, extending his discontent beyond its chairman, Jerome Powell, whom he has frequently critiqued in public. ...

Softbank 'anxiously' monitoring Saudi Arabia situation: executive

Softbank Group Chief Operating Officer Marcelo Claure said on Tuesday it is business at usual at companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly half of the funds capital. ...

Uber IPO proposals value company at $120 billion: WSJ

Ride-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday. ...

Goldman Sachs will slow consumer loan growth if market falters

Goldman Sachs will limit loan growth in one of its new business areas if it sees a marked deterioration in credit quality, potentially jeopardizing new Chief Executive David Solomons task of boosting revenue by $5 billion by 2020. ...

Wall St. rallies over 2 percent with earnings, data boost

U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs and solid economic data, as equities rebounded from a recent sharp sell-off. ...

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