(Reuters) – Shari Redstone, the media heiress whose family controls CBS Corp and Viacom Inc , has offered CBS CEO Leslie Moonves to drop her demands for Viacom CEO Bob Bakish to be his No. 2 following a merger, as long as Bakish sits on the combined company’s board, people familiar with the matter said on Friday.
NEW YORK (Reuters) – The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S. wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week.
Some iPhone 7 and 7 Plus models running iOS 11.3 or later are experiencing an …read more […]
NEW YORK (Reuters) – Apple and other technology stocks led a rally on Wall Street on Friday after weaker-than-expected U.S. wage growth data eased concerns about faster interest-rate hikes.
(Reuters) – Shari Redstone, the media heiress whose family controls CBS Corp and Viacom Inc , has offered CBS CEO Leslie Moonves to drop her demands for Viacom CEO Bob Bakish to be his No. 2 following a merger, as long as Bakish sits on the combined company’s board, people familiar with the matter told Reuters on Friday.
PARIS (Reuters) – Air France-KLM CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay deal, plunging the airline into turmoil amid a wave of strikes at its French brand that has cost the company 300 million euros ($359 million).
WASHINGTON (Reuters) – U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some out-of-work Americans left the labor force.
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets.
Authorities expect to make more arrests in the sex-trafficking investigation of a self-help group that’s already resulted in charges against former “Smallville” actress Allison Mack and the group’s leader, a prosecutor said Friday. Assistant U.S. Attorney Moira Penza told a judge at a pretrial hearing in federal court in Brooklyn that the government plans to file a revised indictment naming more defendants in the coming weeks. Prominent backers of upstate New York-based group NXIVM (pronounced NEX’-ee-um) have said they were in the dark about allegations that women were forced to have sex with leader Keith Raniere. …read more […]
Hundreds of people on Hawaii’s Big Island were ordered to evacuate their homes after the Kilauea Volcano erupted, belching ash into the sky and spewing fountains of lava in a residential area, officials said on Friday. …read more […]
PARIS (Reuters) – Air France-KLM CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay deal, plunging the airline into turmoil amid a wave of strikes at its French brand that has cost the company 300 million euros ($359 million).
(Reuters) – Apple and other technology stocks led a rally on Wall Street on Friday, after weaker-than-expected U.S. jobs and wage growth data eased concerns about faster interest rate hikes.
WASHINGTON (Reuters) – U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some out-of-work Americans left the labor force.
PARIS (Reuters) – Air France employees rejected a pay deal on Friday, a setback for the company in a dispute that has seen over a dozen strikes and cost the company some 300 million euros.
LONDON (Reuters) – Nestle , the world’s largest coffee company, is close to a deal with Starbucks Corp for the part of its business that sells bagged coffee and drinks in supermarkets, according to media reports on Friday.
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