Recent hurricanes take toll on quarterly earnings
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.
Airbus turmoil overshadows bid to rescue CSeries
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.
Tesla reaffirms effort to build cars in China; mum on deal report
(Reuters) - Electric car maker Tesla Inc
reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached.
Henkel may make U.S. acquisitions: CEO in newspaper
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.
Sexual harassment allegations spark review, meeting at Fidelity: WSJ
NEW YORK (Reuters) - Fidelity Investments has hired a consulting firm to review employee behavior amid allegations of sexual harassment at the U.S. money manager stretching back years, the Wall Street Journal reported on Sunday.
California judge tosses $417 million talc cancer verdict against Johnson & Johnson
(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.
Bitcoin soars to record high above $6,000
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.
Stock market's future in Trump's hands as Federal Reserve chair pick looms
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.
Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media
TOKYO (Reuters) - Japanese trading house Mitsubishi Corp <8058.T> 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.
China says will guide private capital into higher growth areas
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.