May 2018 – Page 60

Houston-area media reporting fatalities from school shooting

May 18, 2018 admin Comments Off

Houston-area media citing unnamed law enforcement officials are reporting that there are fatalities following a shooting at a local high school Friday morning. Television station KHOU and the Houston Chronicle are citing unnamed federal, county and police officials following the shooting at Santa Fe High School, which went on lockdown around 8 a.m. The Associated Press has not been able to confirm the reports. School officials said law enforcement officers were working to secure the building “and initiate all emergency management protocols to release and move students to another location.” Students from the high school were being transported …read more […]

Industrials limit losses on Wall Street

May 18, 2018 admin Comments Off

(Reuters) – The benchmark S&P 500 index fell on Friday, weighed down by losses in shares of Alphabet and Applied Materials, although industrial stocks helped limit losses on signs of progress in Sino-U.S. trade talks.

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Bill Gates says Trump speaks in the 3rd person in a leaked video from a Gates Foundation meeting

May 18, 2018 admin Comments Off

Leaked footage from a Gates Foundation question-and-answer session shows Bill Gates slamming President Donald Trump. The billionaire Microsoft founder said Trump referred to himself in the third person in private. What do billionaires and industry leaders say about President Donald Trump behind closed doors? …read more […]

Mercedes-Benz to make Tesla-rivalling electric compact car

May 18, 2018 admin Comments Off

FRANKFURT (Reuters) – Daimler will invest 500 million euros ($589 million) in Hambach, France, to start producing a small compact electric Mercedes-Benz in addition to its electric cars currently manufactured there for the Smart brand.

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Airbus loses ground in bid to sell jets to United: sources

May 18, 2018 admin Comments Off

PARIS/NEW YORK (Reuters) – Airbus’s hopes of winning an immediate respite from slow sales of its A330neo jetliner with an order from United Airlines are dwindling, leaving a gap in future production weeks before it is due to enter service, industry sources said on Friday.

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Big Ag turns to peas to meet soaring global protein demand

May 18, 2018 admin Comments Off

(Reuters) – Cargill, the global grains trader, sees the future of protein in the humble pea.

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Wall Street opens lower as tech stocks weigh

May 18, 2018 admin Comments Off

(Reuters) – U.S. stocks opened slightly lower on Friday due to losses in technology stocks including Applied Materials and Alphabet, while investors kept a close watch on U.S.-China trade talks.

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Campbell Soup cuts earnings forecast; CEO steps down abruptly

May 18, 2018 admin Comments Off

(Reuters) – Campbell Soup Co Chief Executive Officer Denise Morrison will step down, the company said on Friday, while also cutting its full-year earnings forecast due to costs related to its acquisition of snacks maker Snyder’s-Lance.

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Apple pays Ireland first tranche of disputed taxes

May 18, 2018 admin Comments Off

DUBLIN (Reuters) – Apple has paid 1.5 billion euros ($1.18 billion) into an escrow account set up by the Irish government to hold 13 billion euros ($16 billion) in disputed taxes, Finance Minister Paschal Donohoe said on Friday.

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Blackstone to end its stay at Hilton after 11 years

May 18, 2018 admin Comments Off

(Reuters) – After holding an interest in Hilton Worldwide Holdings Inc for nearly 11 years, private equity firm Blackstone Group LP has decided to exit the hotel chain operator by selling its about 5.8 percent stake.

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Wall Street set to open lower, trade talks in focus

May 18, 2018 admin Comments Off

(Reuters) – U.S. stock index futures were lower on Friday as technology shares slipped, while investors waited for the outcome of Sino-U.S. trade talks.

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French business chief in Iran sees bleak prospects for European firms

May 18, 2018 admin Comments Off

PARIS (Reuters) – The head of France’s business lobby in Iran said on Friday he feared a mass exodus of European firms following the U.S. decision to impose new sanctions and that EU government efforts to protect their companies were unlikely to be enough.

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Glencore declines comment on report of UK bribery probe

May 18, 2018 admin Comments Off

LONDON (Reuters) – Glencore on Friday said it could not comment on a report by Bloomberg that it may face an enquiry from Britain’s Serious Fraud Office into allegations of bribery linked to its operations in Democratic Republic of Congo.

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Blackstone to sell remaining stake in Hilton

May 18, 2018 admin Comments Off

(Reuters) – Private equity firm Blackstone Group LP has decided to exit Hilton Worldwide Holdings Inc by selling its about 5.8 percent stake or 15.8 million shares, the hotel chain operator said on Friday.

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Trump’s bonfire of the treaties sweeps towards the WTO

May 18, 2018 admin Comments Off

GENEVA (Reuters) – President Donald Trump has the World Trade Organization in a chokehold, and the United States has made clear what he wants: no more judicial rulings that interpret WTO rules to Washington’s disadvantage.

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