TOKYO (Reuters) – Asian stocks rebounded from a two-month trough on Thursday, while the euro enjoyed a respite after sinking to its lowest in 10 months as political turmoil in Italy that had roiled global financial markets showed signs of easing.
The two largest resort operators in Las Vegas would lose more than $10 million a day combined if housekeepers, cooks and others go on strike, a possibility starting Friday, the union representing thousands of casino workers said Wednesday. The Culinary Union detailed how it thinks a one-month strike would impact MGM Resorts International and Caesars Entertainment, which operate more than half the properties that would be affected if 50,000 workers walk off the job. Workers last week voted to authorize a strike as disputes over workplace training, wages and other issues have kept the union and casino operators …read more […]
SEOUL (Reuters) – Oil prices dropped on Thursday, weighed down by a surprise rise in U.S. crude inventories and by expectations that OPEC and other producers could increase output at a meeting in June.
TOKYO (Reuters) – Asian stocks rebounded from a two-month trough on Thursday, while the euro enjoyed a respite after sinking to its lowest in 10 months as political turmoil in Italy that had roiled global financial markets showed signs of easing.
SEOUL (Reuters) – Samsung Life Insurance Co Ltd said on Thursday it sold 1.12 trillion won ($1 billion) worth of its shares in Samsung Electronics Co Ltd.
A rash of retail earnings and data on the labor market and inflation will be investor highlights for the final trading day of May. …read more […]
With Lockheed Martin (LMT) being the primary partner, the F-35 program has been supported by an international team of leading aerospace majors. …read more […]
Former Congressman Jason Chaffetz (R-Utah) on President Trump’s frustration with Attorney General Jeff Sessions for recusing himself from the Russia investigation. …read more […]
NEW YORK (Reuters) – U.S. stocks ended higher on Wednesday, and the S&P 500 and Dow registered their biggest daily percentage gains since May 4, on signs of easing political turmoil in Italy and as a surge in oil prices boosted energy stocks.
NEW YORK (Reuters) – Bank of America Corp Chief Executive Brian Moynihan said second-quarter markets revenue from sales and trading will likely be flat compared with a year earlier, depending on what happens in June.
(Reuters) – Billionaire investor Warren Buffett had proposed to invest $3 billion in Uber Technologies Inc [UBER.UL] earlier this year, but the talks failed following disagreements over the terms and size of the deal, Bloomberg reported on Wednesday, citing people familiar with the matter.
CNBC’s Meg Tirrell reports that Crispr Therapuetics and Vertex tumble after the FDA places a clinical hold on a drug. …read more […]
NEW YORK (Reuters) – U.S. stocks ended higher on Wednesday, with the S&P 500 and Dow registering their biggest daily percentage gains since May 4, as signs emerged of an easing of political turmoil in Italy and a surge in oil prices boosted energy stocks.
It’s almost as if nothing happened on Tuesday as U.S. stocks bounced back with a vengeance Wednesday. The S&P 500 and Dow Jones each tacked on about 1.5%, while the Nasdaq tacked on almost 1% after holding up pretty well amid the selloff. With that in mind, here are our top stock trades for Thursday.Top Stock Trades for Tomorrow #1: Salesforce (CRM) …read more […]
NEW YORK (Reuters) – U.S. stocks rose on Wednesday, with the S&P 500 set to erase all its losses from Tuesday as signs of easing political turmoil in Italy emerged.
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