Netflix lifts S&P, Nasdaq; J&J, Procter hold Dow in check
NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but the Dow Industrials were hemmed in by declines in Johnson & Johnson and Procter & Gamble.
Texas Instruments’ profit dips 67 percent on tax expense
(Reuters) – Chipmaker Texas Instruments Inc’s fourth-quarter profit slumped about 67 percent due to tax-related expenses resulting from new U.S. tax laws.
Aetna is fined by New York for leaking members’ HIV status
NEW YORK (Reuters) – Aetna Inc will pay a $1.15 million civil fine and improve its privacy practices to settle charges that it leaked the HIV-positive status of 2,460 New York members in a mailing where it used envelopes with large transparent windows….
Qualcomm set to be fined by EU antitrust regulators: FT
(Reuters) – The European Union is set to fine U.S. chipmaker Qualcomm Inc for taking advantage of its dominance when it paid Apple Inc to use its chips exclusively in Apple mobile devices, The Financial Times reported on Tuesday.
Trump signs solar panel tariff, angering U.S. installers
WASHINGTON/LOS ANGELES (Reuters) – U.S. President Donald Trump signed into law a steep tariff on imported solar panels on Tuesday, a move billed as a way to protect American jobs but which the solar industry said would lead to thousands of layoffs and …
Online lender SoFi nabs Twitter executive Noto as CEO
(Reuters) – Wall Street banker turned Silicon Valley executive Anthony Noto has left Twitter Inc to become chief executive officer of online lender Social Finance Inc, the companies said on Tuesday.
Bombardier risks losing contested U.S. trade dispute with Boeing
MONTREAL (Reuters) – Bombardier risks losing a hotly-contested U.S. trade dispute on Thursday which would effectively bar its CSeries jet from the United States for at least a year, a potential setback as the Canadian plane-and-train maker races to me…
S&P, Nasdaq get Netflix boost; Dow dragged by J&J, Procter
NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite, but declines in Johnson & Johnson and Procter & Gamble kept the Dow Industrials in check.
Trump slaps steep tariffs on washing machines, solar products
WASHINGTON (Reuters) – U.S. President Donald Trump signed an executive order on Tuesday imposing steep import tariffs on washing machines and solar panels, saying the move showed the United States would not be taken advantage of anymore.
BMW and Daimler close to merging car-sharing units: executive
BERLIN (Reuters) – German carmakers Daimler and BMW are close to agreeing to combine their car-sharing services Car2Go and DriveNow, a senior executive at one of the carmakers told Reuters on Tuesday.
