Business & Finance News
(Reuters) – An acute shortage of affordable homes in the United States will continue over the coming year, according to a majority of property market analysts polled by Reuters, driving prices up faster than inflation and wage growth.
TOKYO (Reuters) – Honda Motor Co on Wednesday said it would start selling its six-seater business jet in Japan next year, as it seeks to expand global sales by tapping into demand from a growing class of high net-worth individuals.
SAN FRANCISCO/NEW YORK (Reuters) – Volatility could well be in the cards for Wall Street again early this fall, but not for the same reason stocks got rattled in February.
SINGAPORE/TOKYO (Reuters) – Global oil prices rose during Asian trade on Wednesday after Venezuela raised the prospect of halting some crude exports, according to people familiar with the matter, but gains were capped amid reports the U.S. government had asked Saudi Arabia and some other OPEC producers to increase output.
MEXICO CITY (Reuters) – Mexico’s economy minister said on Tuesday that he sees a better than 50 percent chance of reaching an agreement in principle on NAFTA this year despite escalating tensions between his country and the United States.
TOKYO (Reuters) – Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs.
WASHINGTON (Reuters) – Facebook Inc said Tuesday it has data sharing partnerships with at least four Chinese companies including Huawei, the world’s third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies on security concerns.
BOSTON (Reuters) – A wide majority of outside investors at Facebook Inc backed a measure that would revamp its voting structure and end the supervoting rights of shares held by Mark Zuckerberg and others, seen as a rebuke to the chief executive of the world’s largest social media company.
RABAT (Reuters) – Workers at Morocco’s Centrale Danone, a subsidiary of French group Danone , staged a sit-in in Rabat late on Tuesday over losing their jobs as a consumer boycott now in its second month pressures the company.
SAN FRANCISCO (Reuters) – Microsoft Corp is expanding a program designed to increase its hiring of women seeking to rejoin the workforce, following a rash of complaints about sexual harassment and gender discrimination at the world’s largest software company.
TOKYO (Reuters) – U.S. oil prices edged up in early Asian trade on Wednesday to move away from lows hit in the previous session, buoyed after industry data showed a decline in U.S. crude inventories.
TOKYO (Reuters) – Asian stocks edged up on Wednesday after tech sector strength lifted Wall Street shares, while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs.
(Reuters) – Newspaper publisher Tronc Inc’s top shareholder said in a filing http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=254385&fid=15681381 on Wednesday that it had terminated the sale of a stake in the company after the prospective buyer, investor group McCormick Media, breached its obligations.
SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive Elon Musk said on Tuesday that a goal of building 5,000 Model 3s per week by the end of June was “quite likely” as the company’s production lines were now demonstrating the ability to build 3,500 vehicles per week.
WASHINGTON (Reuters) – U.S. defense contractor Northrop Grumman won U.S. antitrust approval to buy solid rocket motor supplier Orbital ATK, Inc , with conditions, the Federal Trade Commission said on Tuesday.
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