Wal-Mart’s Sam’s Club to shut some stores after review
(Reuters) – Sam’s Club, a unit of Wal-Mart Stores Inc , said it had closed a series of stores following a review, the membership-only store chain said in a tweet on Thursday.
Ford urges 2,900 pickup owners to stop driving after new Takata death
WASHINGTON (Reuters) – Ford Motor Co said on Thursday it had confirmed a second death in an older pickup truck caused by a defective airbag inflator of Takata Corp and urged 2,900 owners in North America to stop driving immediately until they can get r…
Delta sees double benefit from tax cut, shares rise
(Reuters) – Delta Air Lines Inc is anticipating a double benefit from the U.S. corporate tax cut this year as it saves money on its own bill and expects an uptick in business travel as companies use tax savings to invest in generating new business.
Wall Street hits record as oil, industrial stocks gain
(Reuters) – Wall Street surged to fresh highs on Thursday as rising oil prices lifted energy stocks and upbeat forecast from No. 2 U.S. carrier Delta Air Lines drove airline stocks higher.
Wal-Mart’s Sam’s Club to shut stores after ‘review’
(Reuters) – Sam’s Club, a unit of Wal-Mart Stores Inc , closed a series of stores following a review, the membership-only store chain said in a tweet on Thursday.
Kering to spin off Puma to its own shareholders
FRANKFURT/LONDON (Reuters) – Gucci-owner Kering plans to spin off German sports brand Puma to the French conglomerate’s shareholders as it sharpens the group’s focus squarely on its luxury brands.
Tivo hits Comcast with new round of patent lawsuits
(Reuters) – Tivo Corp has again sued cable operator Comcast Corp of using its patented interactive programing technology without authorization, the latest salvo in the companies’ long-running royalty dispute.
Lower taxes and tight labor market prompt Walmart to hike U.S. wages
NEW YORK (Reuters) – Walmart will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month’s major overhaul of the U.S. tax code and competes for low wage workers in a tight labor market.
Cheaper services weigh on U.S. wholesale prices; jobless claims up
WASHINGTON (Reuters) – U.S. producer prices fell for the first time in nearly 1-1/2 years in December amid declining costs for services, which could temper expectations that inflation will accelerate in 2018.
Wall Street higher on gains in energy, industrial stocks
(Reuters) – U.S. stocks rose on Thursday as a jump in oil prices lifted energy stocks to their best day in more than a week and upbeat forecast from No. 2 U.S. carrier Delta Air Lines boosted other airline stocks.
