Wall Street rises with boost from banks, energy
(Reuters) – The three main U.S. stock indexes rose on Thursday as investors bet on more economically sensitive sectors, pushing bank and energy stocks higher.
U.S. Chamber flags financial reporting delays due to tax overhaul
WASHINGTON (Reuters) – Some U.S. listed companies may struggle to file their annual financial reports on time because the Republican-led overhaul of the country’s tax system may prompt a raft of additional disclosures, the U.S. Chamber of Commerce warn…
Boeing in tie-up talks with Brazil’s Embraer
SAO PAULO/BRASILIA (Reuters) – Planemakers Boeing Co and Embraer SA are discussing a “potential combination of their businesses,” the companies said on Thursday, in a move that could consolidate a global passenger jet duopoly.
SEC charges bankrupt Woodbridge Group over $1.2 billion Ponzi scheme
(Reuters) – The U.S. Securities and Exchange Commission has charged Woodbridge Group of Companies and its owner, luxury real estate developer Robert Shapiro, for allegedly operating a $1.2 billion Ponzi scheme that targeted thousands of investors, the …
Boeing secures $27-billion order for 175 aircraft from flydubai
(Reuters) – Boeing Co confirmed on Thursday an order from Middle East’s discount airline, flydubai, for 175 narrow-body jets in a deal valued at $27 billion at current list prices.
Liberty Global in talks to sell Austrian unit to Deutsche Telekom: FT
FRANKFURT (Reuters) – International cable company Liberty Global is in advanced talks to sell its Austrian unit UPC Austria to Deutsche Telekom in a deal worth about $2 billion, the Financial Times said on Thursday.
Wall Street higher as investors assess tax bill gains
(Reuters) – Wall Street’s main indexes rose on Thursday as investors were hopeful that lower corporate tax rates would allow companies to spend additional capital on dividends, new projects and wages, which could give a boost to the overall economy.
Facebook, Universal Music strike multi-year licensing deal
(Reuters) – Facebook Inc and Universal Music Group on Thursday announced a global agreement that will enable users to upload videos featuring music from Universal’s library across the social media network as well as Instagram and Oculus.
SEC charges Florida-based fund owner over $1.2 billion Ponzi scheme
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission has charged a Florida-based group of unregistered investment companies and its owner for allegedly operating a $1.2 billion Ponzi scheme that targeted seniors among other investors, the…
Boeing held takeover talks with Brazil’s Embraer: WSJ
(Reuters) – Boeing Co has held takeover talks with Brazilian planemaker Embraer SA , the Wall Street Journal reported on Thursday, citing people familiar with the matter.
