Wall Street opens higher as financial, energy stocks gain
(Reuters) – Wall Street’s main indexes opened higher on Thursday, led by gains in financial and energy stocks and support from strong economic data.
Barroso slams EU watchdog over probe of his Goldman Sachs role
BRUSSELS (Reuters) – Former European Commission president Jose Manuel Barroso denied on Thursday he had lobbied ex-colleagues for his new employer Goldman Sachs, hitting back at what he has called a personal “political attack” by the EU’s ethics watchd…
Exclusive: HSBC has 59 percent gender pay gap, biggest among British banks
LONDON (Reuters) – HSBC will reveal a gender pay gap of 59 percent at its main UK banking operation, the biggest yet disclosed by a British bank, according to a copy of the lender’s report on the subject seen by Reuters on Thursday ahead of its public…
U.S. job market tightening, inflation steadily rising
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell last week, pointing to sustained labor strength even as economic growth appears to have slowed early in the first quarter.
Alibaba plans listing in mainland China: WSJ
(Reuters) – E-commerce giant Alibaba Group Holding Ltd is working on a plan to list on a stock exchange in its home country, China, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Toys ‘R’ Us goes out of business, 30,000 jobs at stake
(Reuters) – Iconic toy retailer Toys ‘R’ Us Inc the will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs.
Green Crack, Blue Dream, Gorilla Glue: The problem of pricing pot
NEW YORK (Reuters) – In 2014, as Jonathan Rubin and Ian Laird considered investing in the booming U.S. cannabis industry, they hit a problem: How to value pot starts-ups with little verified data on the price of the weed itself?
Stock futures point to flat open as trade war fears linger
(Reuters) – U.S. stock index futures pointed to a flat opening for Wall Street on Thursday as fears that President Donald Trump’s decision to impose fresh tariffs on China may escalate into a trade war weighed on the markets.
What is 5G and who are the major players?
LONDON/SAN FRANCISCO (Reuters) – U.S. President Donald Trump has blocked microchip maker Broadcom Ltd’s $117 billion takeover of rival Qualcomm amid concerns that it would give China the upper hand in the next generation of mobile communications, or …
Uber to share its London data in latest charm offensive
LONDON (Reuters) – Uber [UBER.UL] said on Thursday it will share data gathered from the millions of trips its cars make in London in the latest move to meet requests from the city’s regulator, which stripped the taxi app of its license last year.
