Month: May 2018

LONDON, May 24 (Reuters) – Wall Street’s dominance over struggling European banks has reached record levels as U.S. firms reap the benefits of booming markets at home, while their transatlantic rivals are trapped in endless restructurings, data showed on Thursday.

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LOS ANGELES (Reuters) – Starbucks Corp on Wednesday revealed details of the employee anti-bias training program that will take place behind closed doors at 8,000 U.S. company-owned cafes on the afternoon of May 29.

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(Reuters) – Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe’s , revealing his third large investment this year.

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WASHINGTON (Reuters) – The Trump administration is considering a proposal to impose new tariffs on imported vehicles invoking a national security law that was used to impose tariffs on aluminum and steel, an administration official and three industry officials who had been briefed on the matter said.

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WASHINGTON (Reuters) – U.S. President Donald Trump is considering launching a trade investigation of auto imports on national security grounds, a senior Trump administration official said on Wednesday.

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(Reuters) – U.S. President Donald Trump’s administration is weighing a plan that would impose new tariffs on imported vehicles on national security grounds, the Wall Street Journal reported on Wednesday.

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SAN FRANCISCO (Reuters) – Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets has not slowed its business.

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NEW YORK (Reuters) – U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve’s latest meeting suggested higher inflation may not result in faster interest rate hikes.

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SAN FRANCISCO (Reuters) – Negative news stories about Tesla Inc have hit “fever pitch”, but the electric carmaker’s stock price is likely to surge as output of its Model 3 sedan improves, according to an analyst research report.

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NEW YORK (Reuters) – U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve’s latest meeting suggested higher inflation may not result in faster interest rate hikes.

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(Reuters) – Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe’s , boosting the U.S. home improvement retailer’s stock by 10.4 percent.

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