(Reuters) – Southwest Airlines Co on Thursday warned the consequences of a mid-air engine explosion last week will weigh on second-quarter bookings, as investigators continued to probe the events that led to the first passenger death in the airline’s history.
Russia ratcheted up its efforts Thursday to try to disprove that a Syrian town was hit by a poison gas attack, bringing a group of Syrians, including an 11-year-old boy, to the global chemical weapons … …read more […]
SAN FRANCISCO (Reuters) – Investors are accustomed to the bold promises of Tesla Inc’s Elon Musk, but his assertion that the electric vehicle maker will not need more funds this year has many scratching their heads. How can the chief executive deliver on his many goals without a fresh infusion of outside cash?
NEW YORK (Reuters) – U.S. stocks rallied on Thursday, buoyed by strong earnings results and a resurgence in technology stocks as U.S. bond yields eased, with each of Wall Street’s major indexes up more than 1 percent.
NEW YORK (Reuters) – A former HSBC Holdings Plc executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.
Amazon’s made a slew of acquisitions in the area of smart home services, and …read more […]
RIGA/FRANKFURT (Reuters) – Latvia’s parliament voted on Thursday to scale back domestic banks’ ties with risky shell firms under laws aimed at tackling money laundering, but pressure will remain on the Baltic state to do more.
NEW YORK/WASHINGTON (Reuters) – Wall Street lobby groups urged U.S. policy makers and regulators to revamp rules to encourage more initial public offerings and to reduce the regulatory cost of staying public, in a white paper issued on Thursday.
MONTREAL (Reuters) – WestJet Airlines new chief executive is facing his first major test as the Canadian carrier’s pilots weigh strike action and larger rival Air Canada on Thursday offered to accommodate travelers if there is a disruption.
The telecom giant’s first-quarter report failed to inspire investors and analysts. …read more […]
(Reuters) – MetLife Inc reduced total 2017 compensation for its chief executive and chief financial officer, a year marked by two key errors, including payments it failed to make to pensioners whom it could not locate, according to a filing on Thursday.
General Motors’ first-quarter net income fell 60 percent from a year ago, and its shares fell even though the numbers beat Wall Street estimates. GM says earnings and revenue fell because shipments to dealers dropped as factories were closed to retool for new full-size pickup trucks. Shares of GM tumbled 2.4 percent to $37.18 in Thursday midday training. …read more […]
The Senate Judiciary Committee voted Thursday protect special counsel Robert Mueller’s job, putting the matter in the hands of Senate Majority Leader Mitch McConnell, who has said he won’t let the bill reach Senate floor. Republicans have split amid President Donald Trump’s repeatedly criticism of Mueller’s Russia investigation. …read more […]
Bristol-Myers Squibb Co on Thursday significantly raised its full-year earnings forecast even as first-quarter sales of some medicines fell short of expectations and sent shares of the U.S. drugmaker down … …read more […]
PARIS/MONTREAL (Reuters) – Airbus is preparing to cross swords with United Technologies over the price of components and services for the Bombardier CSeries in a bid to make it easier to market the jet it agreed to bail out last year, people close to the matter said.
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