Facebook to emphasize friends, not news, in series of changes
SAN FRANCISCO/LONDON (Reuters) – Facebook Inc on Thursday began to change the way it filters posts and videos on its centerpiece News Feed, the start of what Chief Executive Mark Zuckerberg said would be a series of changes in the design of the world’…
Global stocks recover as bond jitters retreat, euro hits 3-year high
LONDON (Reuters) – World stocks scaled fresh peaks on Friday while the euro hit a three-year high and Bund yields rose as progress on forming a German government gave fresh impetus to a bond market sell-off triggered by signs the ECB may accelerate an …
Mitsubishi recalls 16,515 cars in Russia: Rosstandart
MOSCOW (Reuters) – Russia’s standards agency Rosstandart said on Friday it had been informed about the recall of 16,515 Mitsubishi cars sold in Russia between April 2013 and February 2016.
China demands public apology from Delta for listing Taiwan, Tibet as countries
SHANGHAI (Reuters) – China’s aviation authority on Friday said it had asked Delta Air Lines to investigate why Taiwan and Tibet were listed as countries on its website, and demanded an “immediate and public” apology.
Explainer: Investors to scour outlooks for U.S. companies’ tax cut plans
NEW YORK (Reuters) – Corporate results for 2017’s final quarter will start pouring in next week and are expected to be laden with one-time charges as U.S. companies begin to cope with tax code changes, including a one-time tax on trillions of dollars i…
Investors green-light infrastructure trade, but expect road bumps
NEW YORK (Reuters) – Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.
No pedal to the metal in GM’s planned self-driving Cruise AV car
DETROIT (Reuters) – General Motors Co is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing fleet in 2019, executives sa…
Chinese bitcoin miners eye sites in energy-rich Canada
MONTREAL/SHANGHAI (Reuters) – China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an a…
Stocks resume ascent on earnings hopes, euro gets lift from ECB
TOKYO (Reuters) – Asian stocks resumed their ascent on Friday, supported by U.S. earnings optimism and higher oil prices while the euro edged up as the European Central Bank signaled an end to its massive stimulus.
Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs
DETROIT (Reuters) – Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that lowers the risk to the automaker’s profit should President Donald Trump pull the Unit…
