U.S. weekly jobless claims fall; prior week revised sharply higher
The number of Americans filing for unemployment benefits fell last week, pointing to continued labor market strength, though applications for the prior week were much higher than initially estimated.
U.S. LNG producers fear more price drops as they await China buys under Phase 1 deal
China has restarted talks with U.S. liquefied natural gas marketers to buy more LNG, several industry executives told Reuters, but they are worried that any purchases may come too late to keep natural gas prices from falling further due to a glut of gl…
Enbridge defends plan to sell capacity on Mainline oil network
Canadian pipeline company Enbridge Inc said on Thursday its plan to sell nearly all capacity on the Mainline oil network for the long term is fair to shippers of all types and would benefit the western Canadian industry.
U.S. banks could invest in venture capital funds again under ‘Volcker rewrite’
U.S. banks would be able to take large stakes in venture capital funds under a proposal to ease strict bank trading and investment rules introduced following the 2007-2009 global financial crisis, regulators said on Thursday.
Aston Martin calls board meeting to decide on fundraising
British luxury carmaker Aston Martin will hold a board meeting on Thursday to decide whether to raise funds through the sale of a strategic stake, a person familiar with the situation told Reuters.
Companies Trump said would create thousands of jobs have failed to deliver
In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing “tens of thousands of n…
Southwest disputes U.S. government audit on safety lapses, shares slide
Southwest Airlines on Thursday disputed a draft U.S. government audit finding that the U.S. carrier failed to prioritize safety by flying millions of passengers on used jets without confirmation that required maintenance had been completed.
Current U.S. earnings season points to growth, defying expectations
Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv.
Aston Martin calls board meeting to decide on fundraising: FT
Luxury British carmaker Aston Martin has called a board meeting in which it may decide between two potential investors for an emergency fundraising, the Financial Times reported on Thursday.
Tesla directors settle, isolating Musk as SolarCity trial looms
Directors of Tesla Inc settled a shareholder lawsuit over the company’s 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar energy system i…
