(Reuters) – U.S. stock indexes opened higher on Wednesday, with electric carmaker Tesla and insurer United Health among the biggest drivers, while the tech-heavy Nasdaq inched to another record high.
(Reuters) – Tesla Inc shares rose 3.5 percent on Wednesday morning after Chief Executive Elon Musk said the car maker was now churning out 500 of its Model 3 sedans a day and should achieve its 5,000 per week target by the end of June.
(Reuters) – Healthcare software maker Athenahealth Inc said on Wednesday Chief Executive Officer Jonathan Bush has stepped down and the company would explore options, including selling itself.
WASHINGTON (Reuters) – Two key U.S. lawmakers on Wednesday rebuked Facebook Inc for not being more transparent over its data sharing practices after the social media company said it had collaborated with at least four Chinese companies, including a smartphone maker that has raised U.S. security concerns.
WASHINGTON (Reuters) – The U.S. trade deficit fell to a seven-month low in April as exports rose to a record high, lifted by an increase in shipments of industrial materials and soybeans.
Given the outperformance of the technology sector in recent times, we suggest top 5 large cap tech picks that promise a winning portfolio. …read more […]
ZURICH (Reuters) – The Swiss attorney general’s office (OAG) said on Wednesday it will not bring proceedings against Novartis in connection with $1.2 million in payments the Swiss drugmaker made to U.S. President Donald Trump’s personal lawyer.
FRANKFURT (Reuters) – Volkswagen will discuss with workers in the coming days for how long it will shut production at its main plant in Wolfsburg in September due to the switch to new lab test standards WLTP, its chief executive told VW staff on Wednesday.
WASHINGTON (Reuters) – The U.S. trade deficit fell to a seven-month low in April as exports rose to a record high, lifted by an increase in shipments of industrial materials and soybeans.
LONDON (Reuters) – The euro rose to a 10-day high on Wednesday after hawkish comments from the European Central Bank, putting more upward pressure on bond yields and sinking some stocks as worries over Italy also weighed.
WASHINGTON (AP) — The Obama administration secretly sought to give Iran access — albeit briefly — to the U.S. financial system by sidestepping sanctions kept in place after the 2015 nuclear deal, despite repeatedly telling Congress and the public it had no plans to do so. …read more […]
(Reuters) – Pfizer Inc said on Wednesday it planned to invest $600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience.
(Reuters) – Brown-Forman Corp edged past Wall Street estimates for fourth-quarter profit on Wednesday but warned that its outlook was clouded by potential retaliatory tariffs from top U.S. trade allies.
Starting in 2020, Cadillac will start to offer autonomous driving on every …read more […]
(Reuters) – Spirit and wine company Brown-Forman Corp reported a 5.6 percent rise in quarterly sales on Wednesday, helped by higher demand for its signature Tennessee whiskeys.
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