Wall Street climbs as interest rate concerns ease
NEW YORK (Reuters) – U.S. stocks advanced on Thursday, putting major indexes on track to snap a recent spate of declines, buoyed by gains in industrial and energy shares as U.S. Treasury yields eased.
Takata agrees to settle U.S. probe by 44 state AGs over deadly air bags
WASHINGTON (Reuters) – Takata Corp’s U.S. unit agreed Thursday to settle a probe by 44 state attorneys general into claims it concealed a deadly safety defect with air bag inflators.
Industrial, tech shares drive gains on Wall Street
(Reuters) – Gains in industrial and technology shares helped U.S. stocks rebound from a two-day fall on Thursday as investors shrugged off the prospects of more interest rate hikes this year.
Chevrolet Bolt wins top ‘green car’ from Consumer Reports
WASHINGTON (Reuters) – Hyundai Motor Co’s Genesis brand topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports, while General Motors Co’s electric Chevrolet Bolt was named top pick for compact green car.
Toys are not us: Target investors
(Reuters) – Target Corp should hold off on plans to cash in on a perceived advantage in toys after the collapse of Toys “R” Us, several of the company’s investors told Reuters, worried it could eat up capital desperately needed in an Amazon-dominated …
Stymied by regulators, Airbnb looks to luxury vacations, hotels for growth
SAN FRANCISCO (Reuters) – Airbnb is rolling out new services aimed at attracting travelers looking for luxury accommodations and traditional hotels, the latest move to contend with sputtering growth in its original home-renting business.
BMW settles U.S. claims it refused lease refunds to military personnel
(Reuters) – BMW AG agreed to pay more than $2.2 million to settle U.S. government claims that it failed to provide required refunds to 492 military personnel who lawfully terminated their vehicle leases because they were called to duty.
Wall St. rises sharply as rate hike fears ease
(Reuters) – Gains in technology and industrial shares helped U.S. stocks rebound from a two-day fall on Thursday as investors shrugged off the prospects of more interest rate hikes this year.
U.S. jobless claims near 45-year low as economic outlook brightens
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February and solid momentum in the economy.
Ford reshuffles executives after abrupt departure of U.S. chief
(Reuters) – Ford Motor Co on Thursday named company insider Kumar Galhotra as head of its North American operations, filling the gap left by the abrupt departure of Raj Nair after an internal investigation uncovered “inappropriate behavior” by the exe…
