NEWS: REUTERS BUSINESS
Setup News Ticker
   NEWS: REUTERS BUSINESS
Reuters Business
Nov 14, 2019

Oil mixed on U.S. crude stocks build, OPEC shale growth comments
Oil was mixed on Thursday as a build in U.S. crude inventories weighed on prices, while comments from the Organization of the Petroleum Exporting Countries about lower-than-expected U.S. shale production in 2020 limited declines.

Reuters Business
Nov 14, 2019

Strong healthcare costs help to lift U.S. producer inflation
U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve's stance that it will probably not cut interest rates again in the near term.

Reuters Business
Nov 14, 2019

Facebook signs lease for office space in Hudson Yards
Facebook Inc signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York City's Hudson Yards, according to a statement by the luxury and commercial real estate development on Thursday.

Reuters Business
Nov 14, 2019

S&P 500, Dow flat as Cisco losses offset Walmart gains
The S&P 500 and the Dow Jones Industrial Average were unchanged on Thursday, but still hovered near record levels as a dour forecast from Cisco offset gains in Walmart after its strong outlook.

Reuters Business
Nov 14, 2019

Wells Fargo former interim CEO Parker steps down as general counsel
Wells Fargo & Co said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year.

Reuters Business
Nov 14, 2019

Walmart posts strong results ahead of holidays, earns praise from Trump
Walmart Inc posted strong results on Thursday as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries, earning praise from U.S. President Donald Trump.

Reuters Business
Nov 14, 2019

Walmart raises earnings outlook, expects strong holiday sales
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday and raised its full-year outlook as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries.

Reuters Business
Nov 14, 2019

Spain's former BBVA chairman 'FG' placed under investigation: source
Spain's High Court on Thursday placed the former chairman of BBVA , Francisco Gonzalez, under investigation as part of a probe into an alleged spying case, a source with knowledge of the matter said.

Reuters Business
Nov 14, 2019

Wall Street dips at open on global growth worries
U.S. stocks opened lower on Thursday as weak data from major economies and a dour forecast from Cisco rekindled worries of a global slowdown.

Reuters Business
Nov 14, 2019

Wells Fargo former interim CEO Allen Parker to step down as general counsel
Wells Fargo & Co on Thursday said its general counsel Allen Parker, who was formerly interim chief executive officer, would step down in March 2020.

Reuters Business
Nov 14, 2019

Britain's Asda blames Brexit uncertainty for sales dip
Asda, the British supermarket arm of the world's biggest retailer Walmart , blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers' spending patterns.

Reuters Business
Nov 14, 2019

U.S. producer prices rise solidly; healthcare costs increasing
U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve's stance that it will probably not cut interest rates again in the near term.

Reuters Business
Nov 14, 2019

IBM to launch faster weather forecast system to cover the globe
Technology company IBM said on Thursday it will launch a new weather forecasting system which will be able to predict conditions up to 12 hours in advance and cover parts of the world which have not had access to such detailed data.

Reuters Business
Nov 14, 2019

Amazon trims German delivery charges for groceries
Amazon.com is lowering the fee it charges customers in Germany for delivering fresh groceries and allowing its Prime subscribers to pay per order instead of committing to monthly membership, the U.S. company said on Thursday.

Reuters Business
Nov 14, 2019

New Roma model joins Ferrari's 'prancing horse' stable
Ferrari on Thursday rolled out the Roma, a record fifth new model announced this year, as the Italian luxury carmaker with the famous "prancing horse" logo looks to sustain profit and share price growth.

Reuters Business
Nov 14, 2019

Britain's Asda blames Brexit uncertainty for lower sales
Asda, the British supermarket arm of U.S. retail giant Walmart , reported lower sales in its latest quarter, saying uncertainty surrounding Britain's exit from the European Union had negatively affected spending patterns.

Reuters Business
Nov 14, 2019

Burberry aims to woo more customers in China with Tencent tie-up
British luxury brand Burberry on Thursday said it has joined forces with China's Tencent for a new digital marketing and sales push to tap the nation's increasingly social media savvy shoppers in a critical luxury market.

Reuters Business
Nov 14, 2019

Oil rises on U.S. crude stocks fall, OPEC comments on U.S. shale growth
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.

Reuters Business
Nov 14, 2019

Walmart raises earnings forecast, expects strong holiday sales
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries.

Reuters Business
Nov 14, 2019

Futures slip as weak Chinese data sparks growth fears; Cisco falls
U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic data and a dour forecast from Cisco rekindled fears of a global slowdown.

Reuters Business
Nov 14, 2019

How SoftBank is putting its stamp on LatAm's venture capital scene
SoftBank, whose $5 billion Latin America fund has showered regional startups with cash, is also courting local venture capital funds, an unusual move for the Japanese investor that has jolted the region's tech scene.

Reuters Business
Nov 14, 2019

Walmart's third-quarter results beat estimates, shares rise
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries.

Reuters Business
Nov 14, 2019

Ford to use Mustang name for electric SUV
Ford Motor Co will use the Mustang name, previously reserved for a muscle car, for an electric sport utility vehicle (SUV) that customers in the United States, Canada and Europe can start ordering on Nov. 17, the company said on Thursday.

Reuters Business
Nov 14, 2019

World stocks sink as China slowdown deepens, German economy weak
World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war.

Reuters Business
Nov 14, 2019

Oil up 1% on U.S. crude stocks fall, OPEC comments on U.S. shale growth
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.

Reuters Business
Nov 14, 2019

Alibaba's Hong Kong listing offers valuable Beijing goodwill
Alibaba's Hong Kong listing will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the fallout of a damaging trade war.

Reuters Business
Nov 14, 2019

Ford to start taking reservations for electric SUV next week
Ford Motor Co will start taking reservations for its electric sport utility vehicle, Mustang Mach-E, starting Nov. 17, when the U.S. automaker unveils the vehicle at an event in Los Angeles, the company said on Thursday.

Reuters Business
Nov 14, 2019

WPP says acquisitions back on agenda after Kantar sale
Advertising group WPP will consider making acquisitions to bolster its capabilities in faster growing segments such as technology and commerce after selling a majority stake in its research arm Kantar, Chief Executive Mark Read said on Thursday.

Reuters Business
Nov 14, 2019

Singapore fines UBS $8 million over deceptive bond trades
Singapore said on Thursday it had fined UBS S$11.2 million ($8 million) after investigations showed the Swiss bank deceived wealthy clients over prices for bonds and structured products.

Reuters Business
Nov 14, 2019

Qatar Airways signs $4 billion CFM engine order
Qatar Airways has placed a $4 billion jet engine order with CFM International to power its 50 Airbus A321neos.

Reuters Business
Nov 14, 2019

Danish prosecutor charges Danske Bank for overcharging customers
Danske Bank said on Thursday it has been preliminary charged by the Danish prosecutor for overcharging customers for an investment product.

Reuters Business
Nov 14, 2019

SoftBank's Yahoo Japan in merger talks with Line, shares jump
SoftBank's Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a $27 billion tech giant and help the Japanese conglomerate expand e-commerce and payments services.

Reuters Business
Nov 14, 2019

Alibaba to pioneer paperless listing in break with Hong Kong norm
Alibaba's planned $13.4 billion share sale will be Hong Kong's first paperless stock market listing, a source with knowledge of the matter said, breaking with a long-held tradition of investors placing stock orders in bank branches.

Reuters Business
Nov 14, 2019

Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs
Tougher emissions rules will hit Daimler's profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in savings from cutting staff costs at its Mercedes-Benz business by the end of 2022, it said on Thursday.

Reuters Business
Nov 14, 2019

Stocks dip as China slowdown deepens, German economy weak
World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war.

Reuters Business
Nov 14, 2019

Boeing drops automation system used to build 777 jets
Boeing Co has abandoned a key automation system used to make fuselage sections for its 777 jetliners amid reports of reliability issues, and will instead partially switch back to mechanics, the planemaker said on Thursday.

Reuters Business
Nov 14, 2019

Exclusive: U.S. manufacturing group hacked by China as trade talks intensified - sources
As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald Trump's trade policies, according to two people familiar with the matter.

Reuters Business
Nov 14, 2019

China says holding 'in-depth' talks with U.S. on interim trade deal
China and the United States are holding "in-depth" discussions on a first phase trade agreement, and cancelling tariffs is an important condition to reaching a deal, the Chinese commerce ministry said on Thursday.

Reuters Business
Nov 14, 2019

Alibaba goes paperless for $13.4 billion listing in a first for Hong Kong: source
Alibaba Group will carry out Hong Kong's first paper-less stock market listing with its $13.4 billion share sale, according to a source with knowledge of the matter, ending the long-held tradition of Hong Kong investors queuing in bank branches to place stock orders.

Reuters Business
Nov 14, 2019

In swaps we trust? Disappearing dollars drive currency trading dependence
As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing.

Reuters Business
Nov 14, 2019

Factbox: Dollar domination - why global markets depend on the U.S. currency
From the dominant reserve currency for central banks to the main conduit for global trade and borrowing, U.S. dollars are the lifeblood for banks and markets around the world.

Reuters Business
Nov 14, 2019

Factbox: FX swaps step from market obscurity to global stage
Foreign exchange swap volumes have risen in the past three years to account for nearly half of the entire FX market, Bank for International Settlements (BIS) data shows.

Reuters Business
Nov 14, 2019

Mercedes-Benz Cars to slash 1 billion euros in costs by 2022
Daimler shares fell sharply on Thursday after the German carmaker said tougher emissions rules will hit earnings in 2020 and 2021 forcing it to seek more than 1 billion euros in personnel cuts at Mercedes-Benz Cars by end of 2022.

Reuters Business
Nov 14, 2019

China holds in-depth talks with U.S. on phase one of trade deal
China and the United States are holding in-depth discussions on a "phase one" trade agreement, and cancelling tariffs is an important condition to reach such a deal, the Chinese commerce ministry said on Thursday.

Reuters Business
Nov 14, 2019

Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support.

Reuters Business
Nov 14, 2019

Calm, considered, Henry to steer BHP through choppy times
Calm and considered, incoming BHP Group Ltd chief executive Mike Henry is seen as a safe pair of hands to steer the world's largest mining company through what he says are uncertain times.

Reuters Business
Nov 14, 2019

German automation talent powers Musk's battery move to Europe
To unclog bottlenecks last year at his Tesla Inc plant in California, Elon Musk flew in six planeloads of new robots and equipment from Germany to speed up battery production for its Model 3.

Reuters Business
Nov 14, 2019

Icahn takes stake in HP, pushes for merger with Xerox: WSJ
Activist investor Carl Icahn has bought a $1.2 billion stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp , arguing that a union could yield big profits for investors, the Wall Street Journal reported on Wednesday.

Reuters Business
Nov 14, 2019

One of China's richest men named in Hikvision securities probe
China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of U.S.-blacklisted surveillance camera giant Hikvision , the company said.

Reuters Business
Nov 13, 2019

Global miner BHP taps Australia head Henry as new CEO
BHP Group Ltd on Thursday named its Australian head Mike Henry to succeed Andrew Mackenzie as the miner's chief executive, shunning calls from some investors for fresh blood from outside the Anglo Australian giant.

Reuters Business
Nov 13, 2019

Factbox: New BHP CEO Henry to drive efficiencies, focus on social license
Global miner BHP Group Ltd on Thursday appointed 16-year company veteran Mike Henry as its new chief executive from Jan. 1 next year, replacing Andrew Mackenzie.

Reuters Business
Nov 13, 2019

Icahn pushes for Xerox-HP merger: WSJ
Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make big profits for investors, the Wall Street Journal reported on Wednesday.

Reuters Business
Nov 13, 2019

Warren lashes out at Goldman over Apple Card bias claims: Bloomberg
U.S. Senator Elizabeth Warren questioned Goldman Sachs's response to allegations of bias in how the bank evaluates applicants for Apple Inc's credit card, suggesting it should pull down the algorithm if it cannot be explained, Bloomberg reported on Wednesday.

Reuters Business
Nov 13, 2019

Southwest pilots union says Boeing may be trying to hasten 737 MAX return
The head of the Southwest Airlines Co pilot union Wednesday sharply criticized Boeing Co and questioned whether the manufacturer was trying to speed up the timeline for the 737 MAX's return to service.

Reuters Business
Nov 13, 2019

Asian stocks retreat as China's growth slowdown deepens
Asian stocks fell on Thursday after soft Chinese economic data showed the trade war between Beijing and Washington hitting growth in the world's second-largest economy.

Reuters Business
Nov 13, 2019

Billionaire Hikvision director named in Chinese disclosure probe
China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of surveillance camera giant Hikvision , the company said.

Reuters Business
Nov 13, 2019

China's Hikvision directors under investigation over disclosures
Chinese surveillance equipment manufacturer Hikvision said regulators were investigating two of its directors for allegedly violating disclosure rules, piling more pressure on a firm which is on a U.S. blacklist.

Reuters Business
Nov 13, 2019

SoftBank's Yahoo Japan confirms merger talks with Line, shares jump
SoftBank's Yahoo Japan, one of Japan's top internet firms, confirmed it is in talks to merge with Line Corp , a $27 billion union that would bring the messaging app operator under the SoftBank umbrella in a major tech shake-up.

Reuters Business
Nov 13, 2019

Stocks in cautious ranges ahead of China data, trade talk hopes fade
Asian stocks clung to tight ranges on Thursday as investors awaited key Chinese data for clues on how much the 16-month trade war between Beijing and Washington has hit growth in the world's second-largest economy.

Reuters Business
Nov 13, 2019

Reuters poll: Trade truce unlikely in 2020 but U.S. recession fears recede - economists
The U.S.-China trade war is unlikely to see a permanent truce over the coming year, and while concerns have eased over a U.S. recession, an economic rebound is also not expected any time soon, according to a Reuters poll of economists.

Reuters Business
Nov 13, 2019

SoftBank's Z Holdings confirms merger talks with Line
The Softbank-owned operator of search engine Yahoo Japan is in talks to merge with messaging app firm Line, a union that would create a group extending from retail to mobile payments in one of the biggest Japanese tech deals of the year.

Reuters Business
Nov 13, 2019

Uber launches new safety features in UK as it fights for new license
Uber launched a set of new safety features in Britain on Thursday as it battles to retain its taxi operating license in the face of concerns about passenger safety.

Reuters Business
Nov 13, 2019

WeWork losses widen to $1.25 billion amid record office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network but was unable to control rising costs.

Reuters Business
Nov 13, 2019

Cisco forecast disappoints as global worries weigh on client spending
Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below expectations as increasing global economic uncertainties kept clients away from spending more on its routers and switches.

Reuters Business
Nov 13, 2019

Key antitrust lawmaker frustrated with Google's Fitbit deal
Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet's Google , Facebook , Amazon and Apple on Wednesday, with the chair of a House subcommittee expressing frustration over the companies' continued acquisitions.

Reuters Business
Nov 13, 2019

Tesla CEO says will build Gigafactory 4 in 'Berlin area'
Tesla will build its first European factory and design center near Berlin, giving the U.S. electric car pioneer the coveted "Made in Germany" label just as local rivals Audi, BMW and Mercedes prepare to launch competing cars.

Reuters Business
Nov 13, 2019

ProPetro confirms U.S. SEC probe, accounting weaknesses
Oilfield services firm ProPetro Holding Corp on Wednesday said a board investigation had uncovered material weaknesses in its financial controls and an undisclosed related-party transaction with its former chief accountant.

Reuters Business
Nov 13, 2019

Takeaway CEO says does not want to overpay in $5.5 billion Just Eat bid
The chief executive of food ordering company Takeaway.com on Wednesday said he did not want to overpay as his company pursues an agreed merger with Britain's Just Eat , despite a higher unsolicited offer from rival Prosus .

Reuters Business
Nov 13, 2019

WeWork third-quarter losses widen to $1.25 billion as expansion ramps up
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter widened to $1.25 billion from $497 million a year earlier as its money-losing shared-office business doubled in size with a record number of desks added to its network.

Reuters Business
Nov 13, 2019

U.S. lawmakers question why Centrus awarded federal uranium contract
A bipartisan group of U.S. Representatives asked officials at the Energy Department on Wednesday how Centrus Energy Corp , a company whose chief recently served as deputy at the department, won a federal contract to demonstrate a production method for a new nuclear power plant fuel.

Reuters Business
Nov 13, 2019

Occidental Petroleum stepping up oil and gas asset sales: marketing document
Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding land in Utah's Uinta Basin acquired as part of its $38 billion deal for Anadarko Petroleum, according to a marketing document seen by Reuters.

Reuters Business
Nov 13, 2019

Hyundai to make Santa Cruz pickups at Alabama plant in $410 million expansion
Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a $410 million expansion at the Alabama plant.

Reuters Business
Nov 13, 2019

Trump threat of more China tariffs could hit consumer goods before Christmas
U.S. President Donald Trump's threat to jack up U.S. tariffs on Chinese goods if the world's two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas.

Reuters Business
Nov 13, 2019

Peloton exploring apps for Amazon Fire TV, Apple Watch: Bloomberg
Peloton Interactive Inc is exploring apps for Amazon.com Inc's Fire TV and Apple Inc's Watch, Bloomberg reported on Wednesday, citing people familiar with the matter.

Reuters Business
Nov 13, 2019

Cisco second-quarter forecast disappoints; shares fall
Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below estimates as the network gear maker struggles to shift to a software-focused company from its business of selling routers and switches, sending shares down 4%.

Reuters Business
Nov 13, 2019

Disney lifts Dow, S&P 500 to records while trade tensions cast shadow
The Dow Jones Industrial Average and the S&P 500 posted record closing highs on Wednesday helped by a big jump in Walt Disney shares, but the Nasdaq fell as stocks were kept in check by fresh uncertainty over U.S.-China trade relations.

Reuters Business
Nov 13, 2019

Chicago mayor rejects Uber's alternative tax proposal
Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying to resist any type of regulation by stirring up racial tensions.

Reuters Business
Nov 13, 2019

Google Pay to offer checking accounts through Citi, Stanford Federal
Alphabet Inc's Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app, initially in partnership with Citigroup Inc and a small credit union at Stanford University.

Reuters Business
Nov 13, 2019

Fed's Powell takes old-school view on U.S. borrowing capacity
Federal Reserve Chair Jerome Powell likes to avoid any hint of politics in his public statements, but in a seemingly non-controversial response to a question about U.S. government borrowing on Wednesday, he weighed in on one of the core issues in the political debate over how to manage the economy.

Reuters Business
Nov 13, 2019

J&J blockbuster loses ground to biosimilars despite Quebec court ruling
Johnson & Johnson's Remicade, a blockbuster drug that treats autoimmune disorders, has steadily lost market share among patients enrolled in the Canadian province of Quebec's public drug program, even after a court ruling reinstated full coverage in January, a Reuters analysis of government data shows.

Reuters Business
Nov 13, 2019

Black student loan borrowers are defaulting at nearly twice the rate of whites: NY Fed
Student loan borrowers from mostly black neighborhoods are almost twice as likely to default on their debt as borrowers from neighborhoods that are mostly white, according to research released Wednesday by the Federal Reserve Bank of New York.

Reuters Business
Nov 13, 2019

Shares, bond yields slip on sour trade deal sentiment
Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears intensifying unrest in Hong Kong may lead to a Chinese crackdown.

Reuters Business
Nov 13, 2019

Google Pay to offer checking accounts through Citi, Stanford Federal next year
Alphabet Inc's Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app in partnership with Citigroup Inc and a small credit union at Stanford University.

Reuters Business
Nov 13, 2019

S&P wobbles on fresh trade uncertainty; Disney lifts Dow
The S&P 500 and Nasdaq stock indexes slipped on Wednesday on fresh uncertainty over U.S.-China trade relations, while a jump in Walt Disney shares boosted the Dow.

Reuters Business
Nov 13, 2019

Trade talks between U.S. and China 'hit a snag' over farm purchases: WSJ
U.S.-China trade negotiations have 'hit a snag' over farm purchases, with China not wanting a deal that looks one-sided in the favor of the United States, the Wall Street Journal reported https://on.wsj.com/2CEYDR7 on Wednesday, citing people familiar with the matter.

Reuters Business
Nov 13, 2019

United Auto Workers union unveils ethics reforms after U.S. corruption probe
The United Auto Workers (UAW) on Wednesday announced a series of ethics reforms in answer to a spreading U.S. federal corruption probe that has resulted in charges or convictions for a number of former leaders of the union.

Reuters Business
Nov 13, 2019

Ferrari adds Roma to growing 'Prancing Horse' stable
Ferrari is set to roll out the Roma, a record fifth new model this year for the 'Prancing Horse', as it expands its stable to help sustain its profit and share price growth.

Reuters Business
Nov 13, 2019

Brazil antitrust regulator to reassess Disney-Fox deal
Brazil's antitrust regulator said on Wednesday it will reassess Walt Disney Co's (DIS.N) $71 billion purchase of Twenty-First Century Fox (FOXA.O) because the divestiture requested by the regulator as a condition for the merger of U.S. media companies has not happened yet.

Reuters Business
Nov 13, 2019

Facebook removes 3.2 billion fake accounts, millions of child abuse posts
Facebook Inc removed 3.2 billion fake accounts between April and September this year, along with millions of posts depicting child abuse and suicide, according to its latest content moderation report released on Wednesday.

Reuters Business
Nov 13, 2019

Disney streaming exceeds expectations with 10 million sign-ups, shares surge
Walt Disney Co on Wednesday said its new streaming service, Disney , reached 10 million sign-ups since launching the previous day from "extraordinary consumer demand," sending shares up 3.5%.

Reuters Business
Nov 13, 2019

Wall Street higher as Fed's Powell says economy in 'good shape'
Wall Street's main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead.

Reuters Business
Nov 13, 2019

MetLife sued for gender discrimination by ex-chief administrative officer
MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a "bitch" and told she had to "choose between being pretty and being smart" while working at the insurance company.

Reuters Business
Nov 13, 2019

One day ahead of deadline, Trump says he'll decide on auto tariffs 'soon'
U.S. President Donald Trump on Wednesday said he would make a decision soon on whether to impose tariffs on cars and auto parts imported into the United States but gave no other details.

Reuters Business
Nov 13, 2019

Del Vecchio says aims to build stable Mediobanca shareholder base
Billionaire investor Leonardo Del Vecchio, Mediobanca's biggest shareholder, said on Wednesday he aimed to create a stable ownership base for the Italian investment bank and Generali, the insurance giant it effectively controls through a 13% stake.

Reuters Business
Nov 13, 2019

Facebook adds Instagram data to content moderation transparency report
Facebook Inc released its fourth report on enforcement against content that violates its policies on Wednesday, adding data on photo-sharing app Instagram and content depicting suicide or self-harm for the first time.

Reuters Business
Nov 13, 2019

Disney streaming service reaches 10 million sign-ups, shares surge
Walt Disney Co on Wednesday said its new streaming service, Disney , has reached 10 million sign-ups since launching on Nov. 12, sending shares up 3.5% to $143.53 on the New York Stock Exchange.

Reuters Business
Nov 13, 2019

Trump says he will make a decision on auto tariffs soon
U.S. President Donald Trump on Wednesday said he had been briefed by his administration on the issue of whether to impose tariffs on car and auto part imports into the United States and would make a decision fairly soon.

Reuters Business
Nov 13, 2019

Brexit drove Tesla to pick Berlin over Britain for new factory - report
Britain missed its chance to host the first European factory of U.S. electric vehicle pioneer Tesla because of Brexit, Chief Executive Elon Musk said in remarks reported on Wednesday.

Reuters Business
Nov 13, 2019

Wall Street edges higher as Fed's Powell testifies before Congress
Wall Street's main indexes turned slightly higher on Wednesday as Federal Reserve Chair Jerome Powell said the central bank saw a "sustained expansion" ahead for the U.S. economy.

Reuters Business
Nov 13, 2019

U.S. inflation firms on rising healthcare, energy costs
U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.

TRENDING TAGS
Stockmarket China growth lower deepens
fundFiler close 13F-HR D/A LP
GrowthSTOCKS China slowdown falls retreat
Filer13F-HR LLC Management LP INC
WalmartBlack Friday sales Rise earnings
Marketstock China stocks Trade lower
GroupInc Filer INVESTMENT Media British
earningsTranscript call Edited conference presentation
StocksChina growth deepens lower trade
sharesToday higher rise jump results

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2019 CEOExpress Company LLC