Morgan Stanley has promoted Ted Pick to head of its trading and investment banking businesses, the most recent elevation for an executive who has overseen several key initiatives at the Wall Street bank.
The U.S. Securities and Exchange Commission on Tuesday charged the former chief executive of Heartland Payment Systems Inc with insider trading for tipping off his longtime romantic partner about the payment processor’s $4.3 billion takeover by Global Payments Inc .
Boeing Co’s first-half aircraft orders were more than double those of Airbus SE , while its jetliner deliveries rose 7.4 percent from the year-ago period.
Oil prices rose on Tuesday on growing supply disruptions in Norway and Libya, but gains were pared after the United States said it would consider requests for waivers from Iranian oil sanctions.
U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, as energy companies got a lift from firming oil prices and strong results from PepsiCo signaled a flying start to the second-quarter earnings season.
The S&P 500 stock index hit a four-month high on Tuesday, boosted by higher oil prices and strong earnings, while the U.S. dollar rose against the safe-haven Japanese yen as investors bought riskier assets.
The hunt for a new chief executive to lead Air France-KLM, a group hobbled by union resistance to cost-cutting at its French brand, is testing President Emmanuel Macron’s resolve for a lighter state touch on the economy.
Boeing Co booked more than twice as many aircraft than rival Airbus SE in the six months ended June, and the planemaker said that deliveries rose more than 7 percent.
The Costco food court is ditching the polish hot dog in favor of more healthy options. This has the retail chain changing out the polish hot dogs for new menu items like açai fruit bowls, organic burgers and the Al Pastor Salad. Reports claim that stores kicking the polish hot dog to the curb are located in and around the Seattle area. …read more […]
The U.S. Securities and Exchange Commission on Tuesday charged the former chief executive of Heartland Payment Systems Inc and his romantic partner with insider trading ahead of the payment processor’s $4.3 billion takeover by Global Payments Inc .
Tesla Inc Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric car maker’s global manufacturing.
There’s a lot to like about the Canadian energy infrastructure giant. …read more […]
U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, boosted by higher oil prices and strong results from PepsiCo.
Here’s a quick wrap up of other headlines making news today. …read more […]
Airbus gave its newly acquired Canadian CSeries jet a new name and looked close to winning an inaugural order on Tuesday as it prepares to broaden its battle with Boeing for jet sales. Airbus expects to sell a “double-digit” number of the jets that have 110-130 seats this year and sees demand for at least 3,000 of them over 20 years, said CSeries sales chief David Dufrenois. “I don’t think it will be very long before we see the first results on the market,” said Airbus Chief Commercial Officer Eric Schulz. …read more […]
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