Commutee

Airbus sprints from behind in bid to upset Boeing order lead

December 29, 2017 by  
Filed under News

PARIS (Reuters) – Airbus is pulling out the stops to try and take the lead in its annual order contest with Boeing, lining up a spree of multi-billion-dollar deals to close a traumatic year haunted by management upheaval and corruption investigations.


Source: Reuters Business News

Trump targets Amazon in call for postal service to hike prices

December 29, 2017 by  
Filed under News

WASHINGTON (Reuters) – U.S. President Donald Trump targeted Amazon on Friday in a call for the country’s postal service to raise prices of shipments in order to recoup costs, picking another fight with the online retail giant he has criticized in the past.


Source: Reuters Business News

Wall Street set to end the year on dour note

December 29, 2017 by  
Filed under News

(Reuters) – Losses in technology and financial stocks weighed on Wall Street on the last trading day of 2017, in what has been a banner year for U.S. shares.


Source: Reuters Business News

Goldman to take $5 billion earnings hit from U.S. tax law

December 29, 2017 by  
Filed under News

(Reuters) – Goldman Sachs Group Inc will take a $5 billion earnings hit in the fourth quarter due to a new U.S. tax law, the Wall Street bank said in a regulatory filing on Friday.


Source: Reuters Business News

AT&T says all U.S. states will use its public safety netwowrk

December 29, 2017 by  
Filed under News

NEW YORK (Reuters) – AT&T Inc said on Friday that all 50 U.S. states had decided to participate in the nationwide broadband network it is building for first responders as part of a $6.5 billion government contract.


Source: Reuters Business News

SoftBank tender for Uber stake succeeds: WSJ

December 28, 2017 by  
Filed under News

(Reuters) – A consortium led by SoftBank Group Corp will go ahead with the purchase of a major stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal reported on Thursday.


Source: Reuters Business News

Tech, financial gains lift Wall Street

December 28, 2017 by  
Filed under News

(Reuters) – Wall Street indexes rose slightly in thin holiday trading on Thursday, supported by gains in technology and financial stocks.


Source: Reuters Business News

Citigroup to pay $11.5 million fines, compensation over errant stock ratings

December 28, 2017 by  
Filed under News

NEW YORK (Reuters) – Citigroup Inc will pay at least $11.5 million in fines and restitution to settle charges it displayed the wrong research ratings on more than 1,800 stocks, causing many customers to own shares they never would have bought, a U.S. regulator said on Thursday.


Source: Reuters Business News

Apple, Epson face French legal complaints over allegedly shortening life of products

December 28, 2017 by  
Filed under News

PARIS (Reuters) – Smartphone maker Apple and Japanese printer company Epson are facing legal complaints in France over allegedly speeding up the aging process of their products to stimulate demand.


Source: Reuters Business News

Oil prices stay near high on strong U.S. refinery runs, China data

December 28, 2017 by  
Filed under News

NEW YORK (Reuters) – Oil prices dipped on Thursday but stayed close to their highest in 2-1/2 years, as data showed strong demand for crude imports in China and on increased refining activity in the United States that drew more crude from inventories.


Source: Reuters Business News

« Previous PageNext Page »