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.
(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.
After a year as Ford’s CEO, Hackett has yet to produce much of a gain for Ford’s stock. Here’s the problem. …read more […]
On Thursday May 24th, the Los Angeles Angels of Anaheim will face the Toronto …read more […]
SAN FRANCISCO (Reuters) – Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.
President Donald Trump has branded his latest attempt to discredit the special counsel’s Russia investigation as “spygate,” part of a newly invigorated strategy embraced by his Republican colleagues to raise suspicions about the probe that has dogged his presidency almost since the start. Trump now is zeroing in on — and at times embellishing — reports that a longtime U.S. government informant approached members of his 2016 campaign during the presidential election in a possible bid to glean intelligence on Russian efforts to sway the election. Trump’s latest broadsides set the stage for an unusual decision by the …read more […]
(Reuters) – The S&P 500 erased losses to trade little changed on Wednesday after minutes from the last Federal Reserve meeting suggested higher inflation may not result in faster interest rate hikes.
FRANKFURT (Reuters) – Deutsche Bank plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, a person with knowledge of the matter said on Wednesday.
FRANKFURT/DUESSELDORF, Germany (Reuters) – Heinrich Hiesinger’s position as Thyssenkrupp’s CEO is more precarious than it has ever been as he prepares to unveil a new strategy to placate impatient investors, including Cevian and Elliott, people familiar with the matter said.
PARIS (Reuters) – French President Emmanuel Macron told executives from the world’s biggest technology firms that he believed in innovation but that he wanted tougher regulations and for them to contribute more to society.
SAN FRANCISCO (Reuters) – Immaterial negative news stories about Tesla Inc have hit a “fever pitch”, and the electric carmaker’s stock is set to surge as output of its Model 3 sedan improves, according to an analyst.
WASHINGTON (Reuters) – President Donald Trump, who has repeatedly pledged to revive American manufacturing, said on Wednesday that “big news” was coming that would be welcomed by U.S. auto workers, and he suggested it was somehow linked to NAFTA trade talks.
SINGAPORE/BEIJING (Reuters) – China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signaled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday.
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S.-China trade talks and said any deal would need “a different structure,” fueling uncertainty over current negotiations and sending U.S. stocks lower.
(Reuters) – U.S. stocks fell on Wednesday as President Donald Trump’s latest comments fueled skepticism over U.S.-China trade talks and ahead of a Federal Reserve report that could indicate the pace of future rate hikes.
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