Brookfield in talks to acquire stake in Kushner-owned Manhattan tower: source
NEW YORK (Reuters) – Brookfield Property Partners is in talks to acquire a stake in a Manhattan office tower majority-owned by a company that was previously run by Jared Kushner, son-in-law of U.S. President Donald Trump, a source familiar with a pote…
United Airlines’ chief financial officer resigns
NEW YORK (Reuters) – United Airlines’ Chief Financial Officer Andrew Levy is stepping down, the carrier said on Thursday, in a major management shakeup as the airline’s financial performance lags rivals.
Icahn takes stake in insurer AmTrust, opposes go-private deal
(Reuters) – Billionaire investor Carl Icahn disclosed a 9.38 pct stake in insurer AmTrust Financial Services Inc on Thursday.
Tax cut windfall seen lifting U.S. companies’ business investments
NEW YORK (Reuters) – U.S. companies could plow more of the money saved from sweeping tax cuts into business investment later this year, perhaps even surpassing a jump in first-quarter capital expenditure that was the highest in almost seven years, stra…
Wall St. ends down slightly on trade, oil price concerns
NEW YORK (Reuters) – Wall Street ended a choppy trading session lower on Thursday, as investors grappled with escalating trade tensions and rising oil prices.
Delaware judge rules for Redstone in fight for control of CBS
(Reuters) – A judge sided on Thursday with Shari Redstone in her battle to retain control over CBS Corp and dealt a setback to the U.S. media company’s plans to strip her voting power.
As oil rises, warnings emerge from U.S. retailers
NEW YORK (Reuters) – Worries about rising oil prices have begun to creep into U.S. retailers’ earnings calls, and investors are raising concerns that those costs may slow discretionary spending among Americans and push down the performance of the retai…
Inter IKEA grants franchise rights to SACI Falabela for Peru, Chile and Colombia
STOCKHOLM (Reuters) – Inter IKEA, owner of the IKEA Concept and the worldwide IKEA franchisor, said on Thursday it had signed an memorandum of understanding with S.A.C.I. Falabella to grant franchise rights for IKEA stores in Peru, Chile and Colombia,…
United Airlines’ chief financial officer stepping down
NEW YORK (Reuters) – United Airlines’ chief financial officer, Andrew Levy, is stepping down, the carrier said on Thursday, in a major management shuffle amid the airline’s lagging financial performance versus rivals.
Wall St falls slightly on trade, oil price concerns
(Reuters) – Wall Street ended lower after a choppy trading session on Thursday, as investors grappled with escalating trade tensions and rising oil prices.
