Reuters

Airbus turmoil overshadows bid to rescue CSeries

Reuters Business News - 43 min 20 sec ago
PARIS (Reuters) - Airbus's coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal.
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Stock market's future in Trump's hands as Federal Reserve chair pick looms

Reuters Business News - 3 hours 30 min ago
NEW YORK (Reuters) - Investors awaiting the nomination of the next Federal Reserve chair are hoping whoever is nominated pursues the same monetary policy that has supported rising stock prices for the past nine years.
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Henkel may make U.S. acquisitions: CEO in newspaper

Reuters Business News - 3 hours 32 min ago
FRANKFURT (Reuters) - German consumer goods group Henkel may further expand its business in the United States via acquisitions, Chief Executive Hans van Bylen told Welt am Sonntag in an interview.
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Toyota to halt operations at all Japan plants as typhoon precaution

Reuters Business News - 4 hours 46 min ago
TOKYO (Reuters) - Toyota Motor Corp will suspend operations at all of its assembly plants in Japan, including those of its subsidiaries, from Monday morning as a precautionary measure as a powerful typhoon approaches Japan's mainland, a spokesman said.
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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

Reuters Business News - Sat, 10/21/2017 - 12:30
TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data center operator Digital Realty Trust and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.
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California judge tosses $417 million talc cancer verdict against Johnson & Johnson

Reuters Business News - Sat, 10/21/2017 - 12:27
(Reuters) - A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson's Baby Powder for feminine hygiene.
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China says will guide private capital into higher growth areas

Reuters Business News - Sat, 10/21/2017 - 04:06
BEIJING (Reuters) - China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with the state planning agency said on Saturday.
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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

Reuters Business News - Fri, 10/20/2017 - 23:23
TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data centre operator Digital Realty Trust and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.
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Recent hurricanes take toll on quarterly earnings

Reuters Business News - Fri, 10/20/2017 - 23:01
SAN FRANCISCO (Reuters) - After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits.
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U.S. tax plan hopes lift stocks, dollar strengthens

Reuters Business News - Fri, 10/20/2017 - 21:27
NEW YORK (Reuters) - World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.
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Tesla raises borrowing capacity for car leases to $1.1 billion

Reuters Business News - Fri, 10/20/2017 - 19:36
(Reuters) - Tesla Inc said on Friday it has increased its borrowing capacity for a car lease program to $1.1 billion from $600 million.
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GE vows $20 billion asset sales, 'sweeping change' as profit falls

Reuters Business News - Fri, 10/20/2017 - 18:28
NEW YORK (Reuters) - General Electric Co's new chief executive vowed on Friday to shed more than $20 billion worth of assets and hold executives accountable for failing to deliver profits after what he called "horrible" results in the third quarter.
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Wall Street hits record highs; tax plan hopes fuel optimism

Reuters Business News - Fri, 10/20/2017 - 18:02
NEW YORK (Reuters) - U.S. stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the U.S. Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward.
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Tesla raises borrowing capacity under warehouse agreements to $1.1 billion

Reuters Business News - Fri, 10/20/2017 - 17:40
(Reuters) - Tesla Inc said on Friday it has increased its borrowing capacity, related to an agreement, to $1.1 billion as the electric car maker spends heavily to fix production bottlenecks of its new Model 3 sedan.
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Snap lays off 18 employees in recruiting division

Reuters Business News - Fri, 10/20/2017 - 17:26
SAN FRANCISCO (Reuters) - Social media company Snap Inc said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc .
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Wall Street rises along with tax-cut hopes

Reuters Business News - Fri, 10/20/2017 - 16:10
NEW YORK (Reuters) - U.S. stocks rose on Friday after the Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward.
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Bitcoin soars to record high above $6,000

Reuters Business News - Fri, 10/20/2017 - 15:55
NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.
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Nestle CEO praised by Third Point but hedge fund still wants more

Reuters Business News - Fri, 10/20/2017 - 15:31
LONDON/BOSTON (Reuters) - Nine months into leading the world's biggest packaged food company, Nestle SA Chief Executive Mark Schneider got a tentative thumbs-up from a prominent investor, who praised his early steps on Friday but said there was more work to be done.
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Consumer Reports says Tesla misunderstands 'positive' Model 3 rating

Reuters Business News - Fri, 10/20/2017 - 15:26
DETROIT (Reuters) - Consumer Reports said on Friday that Tesla Inc had apparently misunderstood the "average" reliability rating the magazine assigned to the electric carmaker's Model 3 sedan this week, calling it generally "positive" for an all-new vehicle.
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Wall St gains, progress in Trump's tax plan lifts hopes

Reuters Business News - Fri, 10/20/2017 - 15:19
(Reuters) - U.S. stocks rose on Friday after the Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward.
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