President of Tezos Swiss foundation steps down
(Reuters) – The president of a Swiss foundation that conducted a $232 million online fundraiser for the embattled Tezos cryptocurrency project has stepped down, the foundation said in a statement on Thursday.
Investors take flight after Angry Birds maker warns on profit
HELSINKI (Reuters) – Angry Birds game maker Rovio Entertainment warned that profitability would fall short of forecasts, halving its share price and leaving investors in the Finnish company nursing big losses after a flotation last September.
Irish taxman sees disputed Apple bill remaining around $16 billion
DUBLIN (Reuters) – Ireland expects the final disputed tax bill that the European Commission ordered it to collect from Apple to be “in the ballpark” of the 13 billion euros ($16 billion) estimated, the head of the country’s tax collectors said on Thur…
Tech, industrial shares drive Wall Street higher
(Reuters) – Wall Street’s main indexes rose on Thursday, led by gains in technology and industrial shares as investors looked past fears of more interest rate hikes this year.
Ford names veteran Galhotra as North America chief
(Reuters) – Ford Motor Co has appointed company insider Kumar Galhotra as president for its North America business, filling the gap left by the abrupt departure of Raj Nair on Wednesday after an internal investigation.
Wall Street set for higher open; inflation worries remain
(Reuters) – U.S. stock index futures were higher on Thursday as bond yields eased off four-year highs, with traders taking stock of the Federal Reserve’s views on inflation.
UPS partners with Workhorse to build electric delivery vans
DETROIT (Reuters) – United Parcel Service Inc said on Thursday it is partnering with truck maker Workhorse Group Inc to build electric delivery vans that could replace tens of thousands of vehicles in the package delivery company’s fleet.
U.S. jobless claims drop to near 45-year low
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, which should continue to underpin the economy.
Toys are not us, investors to Target
(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 …
Futures largely flat as Fed points to more rate hikes
(Reuters) – US stock futures were little changed on Thursday, as the prospects of further interest rate increases this year kept investors on the edge.
