Dow hits record high as trade fears wane
The Dow Jones Industrial Average was the last among Wall Street’s main indexes to regain record territory on Thursday as technology companies led a broad-based rally and trade worries faded.
Stocks hit new highs as trade worries ease, dollar slips
World stock markets rallied on Thursday, with the Dow and S&P 500 setting new highs, while the U.S. dollar slipped as investors viewed this week’s fresh U.S. and Chinese tariffs on imports as less harsh than initially feared.
Vista Global sees higher demand for Bombardier 7500 after certification
Canadian aircraft leasing company Global Vista, one of the largest customers for Bombardier’s long-range Global 7500 business jet, said on Thursday it expects greater demand for the plane after Canadian and U.S. regulators certify the aircraft.
AT&T asks U.S. appeals court to uphold approval of Time Warner acquisition
AT&T Inc on Thursday asked a federal appeals court to reject the Justice Department’s challenge to its acquisition of Time Warner, saying the government had offered no basis for second guessing key conclusions of a ruling upholding the transaction.
Opel to further scale back production at Ruesselsheim: report
Carmaker Opel, a unit of France’s PSA Group , is planning to further scale back production at its Ruesselsheim plant, a local newspaper group reported on Friday.
Amazon adds new Echo devices in bid to dominate voice gadgets
Amazon.com Inc on Thursday introduced a dozen new Echo speakers and related gadgets in a bid to stay ahead of rivals Apple Inc and Alphabet Inc’s Google in the nascent category for voice-controlled devices.
Dow regains record territory as trade concerns ease
The Dow Industrial Average was the last among Wall Street’s main indexes to regain record territory on Thursday, as investor concerns over U.S.-China trade spat cleared away and focus shifted to the strength of the economy.
Four General Electric power turbines shut down in U.S. due to blade issue
General Electric Co said on Thursday that four of its new flagship power turbines in the United States have been shut down due to an “oxidation issue” and warned it expects the problem to affect more of the 51 units it has shipped, sending shares lowe…
Google defends Gmail data sharing, gives few details on violations
Alphabet Inc’s Google gave details about its policies for third-party Gmail add-ons but stopped short of fully addressing questions from U.S. senators about developers who break its email-scanning rules.
Animal health firm Elanco surges 41 percent on debut
Eli Lilly unit Elanco Animal Health Inc’s shares jumped as much as 41 percent on their stock market debut on Thursday, adding to investor enthusiasm for the fast-growing pet healthcare market.
