Exclusive: Boeing has ‘cash horsepower’ for targeted acquisitions – CEO
CHICAGO (Reuters) – The head of Boeing Co said on Thursday the U.S. planemaker can absorb transactions on the scale of a proposed tie-up with Brazil’s Embraer without putting at risk internal investments in its business or returning cash to shareholde…
Wall Street rises as Trump softens tariff plan
NEW YORK (Reuters) – The three major U.S. stock indexes closed higher on Thursday after President Donald Trump appeared to soften his stance on trade tariffs, easing trade war fears that had had the market on edge for a week.
Trump sets steel and aluminum tariffs, Mexico, Canada exempted
WASHINGTON (Reuters) – U.S. President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and offered the possibility of excluding other allies, backtracking from …
KFC returning to former supplier in UK after chicken shortage
LOS ANGELES (Reuters) – Yum Brands Inc’s KFC chain is returning to a former supplier for more than one-third of its UK restaurants after a switch to a new firm caused widespread chicken shortages that forced the temporary closure of hundreds of restau…
Health insurer Cigna to buy Express Scripts for about $52 billion
(Reuters) – U.S. health insurer Cigna Corp struck a $52-billion deal to buy pharmacy benefits manager (PBM) Express Scripts Holding Co on Thursday, looking for new ways to hold onto their profits as the industry faces greater scrutiny for rising heal…
Wall Street gains on Trump’s softened tariff stance
NEW YORK (Reuters) – The three major U.S. stock indexes closed higher on Thursday after President Donald Trump appeared to soften his stance on trade tariffs, easing trade war fears that had the market on edge for a week.
Proxy firm ISS joins Glass Lewis to oppose Tesla’s stock award to Musk
(Reuters) – Proxy advisory firm Institutional Shareholder Services said on Thursday Tesla Inc shareholders should vote against a proposal for a $2.6 billion performance-based stock option grant for Chief Executive Officer Elon Musk.
Exclusive: Boeing says Embraer-size deals compatible with cash strategy
CHICAGO (Reuters) – The head of Boeing Co said on Thursday the U.S. planemaker can absorb transactions on the scale of a proposed tie-up with Brazil’s Embraer without putting at risk internal investments in its business or returning cash to shareholde…
Trump says he’ll stick to tariff levels; Mexico, Canada reject pressure
WASHINGTON/SANTIAGO (Reuters) – President Donald Trump was set to press ahead with the imposition of 25 percent tariffs on steel imports and 10 percent on aluminum, although he said on Thursday he was willing to strike a deal that could exempt Canada a…
Asia-Pacific nations sign sweeping trade deal without U.S.
SANTIAGO (Reuters) – Eleven countries including Japan and Canada signed a landmark Asia-Pacific trade agreement without the United States on Thursday in what one minister called a powerful signal against protectionism and trade wars.
