Stocks end slightly higher though rate jitters linger
(Reuters) – Wall Street eked out a small gain on Wednesday as optimism over a spate of upbeat earnings was offset by jitters over rising bond yields and corporate costs.
Trump and Apple CEO Cook meet at White House with trade the focus
WASHINGTON (Reuters) – President Donald Trump met with Apple Inc Chief Executive Officer Tim Cook on Wednesday to discuss trade issues as the technology industry grapples with a U.S. spat over import tariffs with China, a manufacturing hub for the iPh…
Chipotle rallies ahead of debut report from new CEO
SAN FRANCISCO (Reuters) – Shares of Chipotle Mexican Grill rallied on Wednesday ahead of the company’s first quarterly report under a new chief executive hired to turn around the struggling burrito chain.
Volatile ruble encourages McDonald’s to cook up Russian fries
LIPETSK, Russia (Reuters) – French fries at McDonald’s restaurants from Moscow to Murmansk will be Russian from now on, as the American fast-food chain turns to homegrown potatoes to deal with rouble volatility caused by fluctuating oil prices and West…
Volkswagen reaches $33.5 million diesel emissions settlement with Maryland
WASHINGTON (Reuters) – Volkswagen AG has reached a $33.5 million settlement with Maryland over state claims related to the German automaker’s excess emissions, court documents show.
Twitter shares fall on outlook of slower growth, rising costs
(Reuters) – Twitter Inc shares fell on Wednesday after the social network said its revenue growth would slow this year and costs rise as it works to fight the spread of hate speech and allegations of election manipulation through its service.
Financial, tech stocks lead Wall Street lower as yields rise
(Reuters) – Financial and technology stocks led Wall Street lower on Wednesday as concerns about rising U.S. bond yields eclipsed gains from Boeing and Comcast following strong results.
Boeing cruises past forecasts, sees no sign of cost trouble
(Reuters) – Boeing Co’s profit surged past Wall Street estimates in the first quarter and booming demand for commercial jets pushed the world’s biggest planemaker to raise forecasts for cash flow and earnings in what promises to be another record year…
Volatile rouble encourages McDonald’s to cook up Russian fries
LIPETSK, Russia (Reuters) – French fries at McDonald’s restaurants from Moscow to Murmansk will be Russian from now on, as the American fast-food chain turns to homegrown potatoes to deal with rouble volatility caused by fluctuating oil prices and West…
Chevron evacuates Venezuela executives following staff arrests
(Reuters) – U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.
