In Des Moines, Wells Fargo looks to soothe critics
IOWA CITY, Iowa (Reuters) – Wells Fargo & Co executives planned to convey a message of atonement to shareholders at the bank’s annual meeting in Des Moines, Iowa on Tuesday as it works to convince investors and regulators a sweeping sales scandal is a thing of the past.
Asian stocks bounce; dollar, oil near recent highs
TOKYO/SYDNEY (Reuters) – Asian stocks bounced from near two-week lows on Tuesday as investors paused for breath following the heavy selling of recent sessions and waited to see if the dollar’s rally was sustainable.
U.S debt deluge lifts bond yields to four-year high, Asia stocks down
TOKYO (Reuters) – Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt this week and the specter of inflation and a higher fiscal deficit drove U.S. borrowing costs near four-year highs.
Ad sales surge at Google parent Alphabet, but so do costs
SAN FRANCISCO (Reuters) – Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday.
Car of the future: Electrified and autonomous, but what will it look like?
BEIJING (Reuters) – An autonomous driving electric vehicle may not take to the sky any time soon but could one day start to look a bit like The Jetsons’ flying car – a glass bubble without the long hood that is a signature feature of today’s gasoline-fueled cars.
Car of the future: Electrified and autonomous, but what will it look like?
BEIJING (Reuters) – An autonomous driving electric vehicle may not take to the sky any time soon but could one day start to look a bit like The Jetsons’ flying car – a glass bubble without the long hood that is a signature feature of today’s gasoline-fueled cars.
Glenview’s Robbins says talk of Amazon’s entering pharma is overblown
NEW YORK (Reuters) – Glenview Capital Management Chief Executive Larry Robbins said on Monday at the Sohn Investment Conference in New York that he still likes a trio of stocks he already owns, citing CVS Health Corp , McKesson Corp and Express Script…
Wall Street ends mixed as investors eye earnings
NEW YORK (Reuters) – Wall Street ended mixed on Monday as concerns about soft smartphone demand weighed on tech stocks and pulled the Nasdaq lower while earnings optimism protected against deeper losses.
Google parent Alphabet profit beats Street on strong ad sales
SAN FRANCISCO (Reuters) – Google owner Alphabet Inc reported first-quarter sales and profit Monday that topped financial analysts’ estimates due to strong ad sales and a change in accounting for investments in startups, sending its shares up about 1 pe…
Nasdaq proposes letting companies decide where their shares trade
(Reuters) – Nasdaq Inc on Monday said it will ask regulators to let it give thinly-traded companies that list on its main U.S. stock exchange a choice as to whether their shares can be traded on other exchanges, with the aim of making it easier for in…
