Business & Finance News
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.
(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.
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.
(Reuters) – Facebook’s 9.2 percent jump after blockbuster results and gains in chipmakers powered technology stocks on Thursday, with easing U.S. bond yields helping the sentiment on Wall Street.
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods fell in March, weighed down by the biggest decline in demand for machinery in nearly two years, and a drop in shipments cemented expectations that business spending on equipment slowed in the first quarter.
BRUSSELS (Reuters) – EU lawmakers and member states on Thursday struck a deal that will allow countries to force online streaming services including Netflix and Amazon’s video service to help fund the production of European films and TV shows.
(Reuters) – The New York Times Co on Thursday named Roland Caputo as its next chief financial officer, tapping a company veteran to succeed James Follo whose retirement was announced in October.
(Reuters) – Wall Street stocks rose on Thursday, as strong earnings from Facebook and a handful of chipmakers powered technology stocks, and U.S. bond yields pulled back.
NEW YORK (Reuters) – United Parcel Service Inc reported higher first-quarter net profit on Thursday, driven by strong package volumes in its core U.S. segment, but higher costs from Saturday delivery and nasty winter weather weighed on the bottom line.
HOUSTON (Reuters) – ConocoPhillips , the world’s largest independent oil and natural gas exploration and production company, posted a bigger-than-expected quarterly profit on Thursday, helped by rising crude prices and cost cuts.
(Reuters) – Shares of Facebook Inc rose as much as 8.5 percent on Thursday morning after another blockbuster set of quarterly results calmed stock investors’ nerves about the fallout of the Cambridge Analytica privacy scandal.
(Reuters) – Wall Street stocks opened higher on Thursday as U.S. bond yields pulled back from the 3 percent level, and a 9 percent jump in Facebook’s shares after strong results helped the Nasdaq rise more than 1 percent.
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods unexpectedly fell in March, weighed down by the biggest drop in demand for machinery in nearly two years, and a decline in shipments suggested business spending on equipment slowed in the first quarter.
(Reuters) – Wall Street was set for a positive start on Thursday, driven by strong earnings from Facebook and a handful of chipmakers, coupled with a slight retreat in bond yields.
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