(Reuters) – U.S. stock index futures dropped on Tuesday as investors were worried about a lack of progress in U.S.-China trade talks and assessed U.S. retail sales data that showed moderate gains last month.
WASHINGTON (Reuters) – U.S. retail sales increased moderately in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
LONDON (Reuters) – Facebook has failed to fully answer 39 questions from British lawmakers examaning data privacy and fake news, a parliamentary committee said on Tuesday, adding that it would ask the social media giant once again for the missing details.
Remember the Surface Hub? You probably don’t. Unlike Microsoft’s other PCs — …read more […]
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Tuesday it was far from certain what steps the U.S. government would take on China’s ZTE Corp, which he said was more an enforcement issue rather that a trade issue.
(Reuters) – U.S. stock index futures added to their losses on Tuesday after data showed retail sales increased moderately in April as rising gasoline prices weighed on discretionary spending.
(Reuters) – U.S. retail sales increased moderately in April as rising gasoline prices weighed on discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
PARIS/BERLIN (Reuters) – Air France-KLM’s next CEO faces an unenviable task if they want to avoid the fate of Alitalia. The manager needs to deal with union resistance to restructuring at its core Air France brand, keep increasingly frustrated KLM staff onside and battle rising oil prices.
BUDAPEST (Reuters) – Billionaire George Soros’s pro-democracy foundation said on Tuesday it would shut its office in Budapest and move to Berlin, leaving what it called “an increasingly repressive political and legal environment” in Hungary.
(Reuters) – Home Depot Inc on Tuesday missed Wall Street forecasts for sales at established stores, as an unusually long winter hit sales of typical spring products like lawn-mowers and patio furniture.
(Reuters) – U.S. stock index futures were slightly lower on Tuesday as lack of progress in U.S.-China trade talks and disappointing earnings from Home Depot kept investors on edge ahead of retail sales data.
PARIS (Reuters) – Air France-KLM on Tuesday promoted finance director Frederic Gagey to interim chief executive and named Anne-Marie Couderc as non-executive chairwoman in transitional appointments days after the former CEO resigned in a standoff over staff pay.
JERUSALEM (Reuters) – Intel Corp said on Tuesday it had submitted plans to expand its production operations in Israel, with the government saying the U.S. chipmaker would invest about $5 billion.
BEIJING/SHANGHAI (Reuters) – Qualcomm’s proposed $44 billion takeover of rival NXP Semiconductors is yet to see a concrete breakthrough in China, sources said, tempering hopes a lull in trade tensions with the United States had prompted Beijing to speed up its ruling on the deal.
CHICAGO (Reuters) – Thomas DeRosa is making a $4 billion bet that he can build a national, low-cost healthcare network for America’s aging population that will succeed where so many other models have struggled. His secret: strip out the “for-profit” business model, and leverage the real estate in nursing homes for outpatient care. DeRosa’s strategy starts with buying out the property of the huge bankrupt nursing home chain HCR ManorCare, and teaming up with a non-profit hospital operator,
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