WASHINGTON, April 27 (Reuters) – The U.S. economy slowed in the first quarter as consumer spending grew at its weakest pace in nearly five years, but the setback is likely temporary against the backdrop of a tightening labor market and large fiscal stimulus.
Princess Charlotte became a middle child on Monday, with the birth of her baby brother, Louis Arthur Charles. The science of birth order is complicated, but some researchers say middle children tend to be more independent, empathetic, and altruistic. Other scientists say differences in personality and intelligence related to birth order are so small as to be almost unnoticeable. …read more […]
HOUSTON (Reuters) – U.S. oil producer Chevron Corp said on Friday its first-quarter profit jumped 36 percent thanks to rising crude prices and production.
(Reuters) – Amazon.com Inc’s 20 percent hike in the cost of Prime membership should deliver more than $1 billion in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday.
(Reuters) – Colgate-Palmolive Co’s said on Friday first-quarter sales were below its expectations as demand in emerging markets including Latin America was muted, sending its shares down nearly 4 percent in premarket trading.
(Reuters) – Canada’s oil producer and refiner Imperial Oil Ltd reported a 55 percent rise in quarterly profit, as strength in its refining and chemicals businesses offset discounted Canadian crude prices.
(Reuters) – Nasdaq futures rose on Friday, after stellar results from Amazon, Microsoft and Intel, while other stock index futures were subdued ahead of first-quarter U.S. GDP data.
OSLO (Reuters) – Executive pay is firmly in the crosshairs of Norway’s $1 trillion sovereign wealth fund as it puts its votes to work at some of the more than 9,000 companies it is invested in.
Amazon has been beefing up its home security business for quite some time now; …read more […]
(Reuters) – Colgate-Palmolive Co’s quarterly sales just met analysts’ estimates on Friday as demand in emerging markets including Latin America was below its expectations, sending its shares down 3 percent in premarket trading.
SAN FRANCISCO/NEW YORK (Reuters) – Amazon.com Inc’s expanding business of selling space on its site to merchants helped it double profits on Thursday, and some see the move as a step toward taking advertising dollars from Google and Facebook Inc.
It couldn’t be easier to do, and it’s really important. …read more […]
MOSCOW/LONDON (Reuters) – Russia’s Rusal will overhaul its board and management in the hope the United States will remove the aluminum firm from a sanctions list so it can restart shipments to its customers around the world, two sources told Reuters.
LONDON (Reuters) – World stocks rose on Friday, lifted by strong share price gains for tech giants such as Amazon and Facebook and growing hopes of a lasting peace on the Korean peninsula after a ground-breaking meeting of North and South Korean leaders.
MOSCOW (Reuters) – Russia’s Rusal will overhaul its board and management in the hope the United States will remove the aluminum firm from a sanctions list so it can restart shipments to its customers around the world, two sources told Reuters.
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