Business & Finance News
(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.
(Reuters) – Apple Inc’s stock hit an all-time high on Friday after Warren Buffett’s Berkshire Hathaway Inc disclosed it had bought 75 million more shares of the iPhone maker in the first three months of the year.
OMAHA, Neb. (Reuters) – Warren Buffett’s manufactured housing unit Clayton Homes is borrowing the playbook of Berkshire Hathaway Inc’s longtime chairman as it boosts its bet on a growing market for traditional site-built homes.
(Reuters) – Apple and other technology shares led a rally on Wall Street on Friday morning, helping it shrug off a choppy start following the April jobs report.
LONDON (Reuters) – Nestle , the world’s largest packaged food company, is close to a deal with Starbucks Corp’s on its grocery business, according to media reports on Friday.
BEIJING/WASHINGTON (Reuters) – The United States has demanded that China cut its U.S. trade surplus by $200 billion, end subsidies for advanced technology industries and sharply cut import tariffs to U.S. levels, two people familiar with U.S.-China trade talks said on Friday.
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk said it was “foolish” of him to snub Wall Street analysts on a conference call after earnings on Wednesday. In a series of tweets on Friday, he claimed the two analysts he cut off in questioning “were trying to justify their Tesla short thesis.” But the two have hold or neutral ratings on the stock, according to Thomson Reuters data.
LONDON (Reuters) – Before the financial crisis hit more than a decade ago, the easy way to test the global outlook was to apply the maxim that when the U.S. sneezes the rest of the world catches a cold.
(Reuters) – U.S. stock indexes were little changed on Friday in choppy trading after data showed weaker-than-expected U.S. jobs and wages growth in April, while unemployment rate dropped to a 17-1/2-year low.
LONDON (Reuters) – Lloyd’s of London, AIG, Allianz and other insurers are ignoring assurances and establishing new hubs in Britain and the European Union before Brexit in March 2019 to ensure access to customers.
(Reuters) – U.S. stock indexes opened lower on Friday after data showed weaker-than-expected U.S. jobs and wages growth in April, while unemployment rate dropped to a 17-1/2-year low.
(Reuters) – To see the storm that online video game “Fortnite” has unleashed on the world, just visit Jett Sacher in Brooklyn. The 13-year-old spends an hour or two every day on the game with his friends and is not afraid to spend his pocket money on it – bit by bit.
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