Business & Finance News
DALLAS (Reuters) – Exxon Mobil Corp’s chief executive said on Wednesday that he hopes the new attorney general in New York “comes to a different conclusion” than predecessor Eric Schneiderman on a climate change probe into the world’s largest publicly traded oil producer.
NEW YORK (LPC) – Ride-hailing service Uber Technologies Inc is asking lenders to lower pricing on its $1.13 billion term loan due in 2023, sources said.
MILAN (Reuters) – Italian label Moncler has already turned luxury fashion on its head by transforming casual skiwear into trendy items with its sleek puffer jackets.
(Reuters) – Influential U.S. magazine Consumer Reports said on Wednesday that it now recommended Tesla Inc’s Model 3 after its testers found that a recent firmware update improved the car’s braking distance by nearly 20 feet.
OTTAWA (Reuters) – Canada will “respond appropriately” to any U.S. steel and aluminum tariffs, Foreign Affairs Minister Chrystia Freeland said on Wednesday, with a temporary exemption set to expire at the end of the week.
(Reuters) – Consumer Reports said on Wednesday it now recommends Tesla Inc’s Model 3, after the influential U.S. magazine’s testers found that a recent over-the-air update improved the car’s braking distance by nearly 20 feet.
WASHINGTON (Reuters) – U.S. economic growth slowed slightly more than initially thought in the first quarter as consumer spending rose at its weakest pace in nearly five years, but activity is already picking up against the backdrop of a tightening labor market and tax cuts.
(Reuters) – Mapping startup Mapbox Inc said on Wednesday it is teaming up with Microsoft Corp, Intel Corp and Softbank Group Corp’s ARM Holdings chip unit to deepen its push into providing maps for self-driving cars.
DALLAS (Reuters) – Exxon Mobil Corp shareholders rejected a proposal on Wednesday at their annual meeting that would have split the roles of chairman and chief executive.
(Reuters) – U.S. stocks advanced on Wednesday, with gains in energy and banking shares aiding the recovery from a steep selloff in the previous session due to concerns over Italy’s political crisis.
(Reuters) – Wall Street rose on Wednesday, with gains in energy and banking stocks fueling the recovery from a steep selloff driven by Italy’s political crisis.
(Reuters) – U.S. stocks opened higher on Wednesday, rebounding from a steep selloff in the previous session on worries about a political crisis in Italy.
(Reuters) – U.S. stocks were set to open higher on Wednesday, indicating a rebound from the steep selloff driven by a political crisis in Italy that had pushed the S&P 500 and the Dow Industrials to their worst day in a month.
(Reuters) – Shares of NXP Semiconductors NV fell 5 percent on Wednesday after China’s latest warning against U.S. trade threats dulled hopes of an early approval by Beijing for Qualcomm’s $44 billion acquisition of the chipmaker.
WASHINGTON (Reuters) – U.S. economic growth slowed slightly more than initially thought in the first quarter amid downward revisions to inventory investment and consumer spending, but a robust labor market and income tax cuts are likely to boost activity this year.
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