DUBLIN (Reuters) – While German politics may dominate the headlines again in the coming week, the less attention grabbing release of industrial data could offer a better indication of the headwinds facing the European Union and its largest economy.
Mark Truby, Ford’s vice president of communications, responded to Tesla CEO Elon Musk on Thursday after Musk compared a Ford factory to a morgue. …read more […]
(Reuters) – U.S. stocks further extended gains on Friday, as Nike shares hit an all-time high after the world’s largest shoe maker posted a strong earnings report and as banking stocks surged on clearing the Federal Reserve’s stress test.
NEW YORK (Reuters) – Wells Fargo & Co has been hit with a lawsuit by a Texas jewelry company accusing it of encouraging thousands of retailers nationwide to charge hidden fees to customers using financing programs created by the bank.
Oil prices increased Friday as U.S. sanctions against Iran threatened to remove a substantial volume of crude oil from world markets at a time of rising global demand. U.S. crude rose 69 cents a barrel to $74.14 by 10:49 a.m. EDT [1449 GMT], and earlier touched $74.37, the highest since Nov. 26, 2014. There’s a risk that supplies from Iran could be cut further as there’s pressure on other countries to join the United States in sanctions, he said. …read more […]
With only two days left in June, it is unclear whether Tesla production will meet Elon Musk’s goal of producing 5,000 Model 3 cars a week. Yahoo Finance’s Seana Smith and Rick Newman discuss. …read more […]
I’m not sure if you’re aware, but the launch of Apple Maps went poorly. After …read more […]
(Reuters) – Activist investor Oasis Management stepped up its campaign against Premier Foods’ management on Friday, questioning the board’s culture after its chairman Keith Hamill called some of its British brands “weak cards”.
AT&T’s newly announced Watch TV, a low-cost live TV streaming service …read more […]
(Reuters) – U.S. stocks jumped on Friday, boosted by a surge in Nike on its strong earnings report and as banking stocks soared after clearing the Federal Reserve’s stress test.
LONDON (LPC) – Selldown of the jumbo $13.5 billion financing backing Blackstone Group’s $20 billion acquisition of a 55 percent stake in Thomson Reuters’ Financial and Risk unit is under way, banking sources said on Friday.
(Reuters) – The Dow Jones Industrial Average got a boost from Nike’s near 10 percent jump on Friday after the company reported strong quarterly results and gains for banking stocks, after clearing the Federal Reserve’s stress test, drove broader markets higher.
ANNAPOLIS, Md. (AP) — First-degree murder charges were filed Friday against a man with a grudge against Maryland’s capital newspaper after police said he shot his way into the newsroom, killing four journalists and a staffer and wounding two others. …read more […]
WASHINGTON (Reuters) – U.S. Treasury Secretary Steve Mnuchin said on Friday a report by the Axios news website, that cited sources as saying President Donald Trump wanted the United States to withdraw from the World Trade Organization, was wrong.
WASHINGTON (Reuters) – U.S. consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve’s 2 percent target for the first time in six years.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
