At Milken, Wall Street touts itself as force for good
BEVERLY HILLS, Calif. (Reuters) – The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place.
Fed leaves interest rates unchanged, says inflation near goal
WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near the U.S. central bank’s target would be sustained, leaving it on track to raise borrowing costs in June….
Cambridge Analytica and parent SCL Elections shutting down
(Reuters) – Cambridge Analytica, the data firm embroiled in a controversy over its handling of Facebook Inc user data, and its British parent firm SCL Elections Ltd are shutting down immediately, the company said on Wednesday.
Spotify operating loss narrows in first quarterly report
LONDON (Reuters) – Spotify Technology on Wednesday posted quarterly revenue in line with its recent outlook and sharply lower operating losses in the music streaming leader’s first financial report as a publicly traded company.
Wall Street drops amid trade worries, Fed decision
NEW YORK (Reuters) – U.S. stocks dropped on Wednesday as investors remained concerned about worsening trade relations between the United States and China and digested the Federal Reserve’s decision to leave interest rates unchanged.
CSeries bosses named as Airbus-Bombardier deal takes shape: memos
MONTREAL/PARIS (Reuters) – Bombardier Inc and Airbus SE named new leaders for the CSeries jetliner program on Wednesday, in a further step towards finalizing a deal for the European planemaker to take control of the Canadian project, according to mem…
Wall Street moves higher after Fed decision
NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday after the Federal Reserve released its policy announcement, leaving interest rates unchanged.
Cambridge Analytica shutting down: WSJ
(Reuters) – The Cambridge Analytica consultancy at the center of this year’s Facebook privacy row is closing, the Wall Street Journal on Wednesday reported the founder of the firm’s UK-based parent as saying.
Fed leaves interest rates unchanged, says inflation near target
WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near the U.S. central bank’s target would be sustained, leaving it on track to raise borrowing costs in June….
Exclusive: Apollo Global approaches Xerox about possible acquisition – sources
(Reuters) – Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the U.S. printer company’s $6.1 billion sale to Japan’s Fujifilm Holdings , people familiar wit…
