Wall Street higher on optimism over tax bill, Fed’s economic outlook
(Reuters) – Wall Street indexes hovered around record levels on Thursday, perked up by the Federal Reserve’s upbeat view on the economy and news that the Republicans’ tax code overhaul is set to face final votes in Congress before the year-end.
Spotify price tag rises ahead of filing for NYSE listing: sources
STOCKHOLM (Reuters) – The value of music streaming service Spotify, which is planning a stock market listing, has grown around 20 percent to at least $19 billion in the past few months, outperforming U.S. and European tech indexes, sources familiar wit…
Wall Street climbs as tax reform enters last lap
(Reuters) – U.S. stocks climbed higher on Thursday, boosted by gains in technology and banking shares and aided by news that the Republicans’ tax code overhaul should face final votes in Congress before the year-end.
Volkswagen says some employees cooperated with Brazil’s military regime
FRANKFURT (Reuters) – Volkswagen said on Thursday that a historian commissioned by the carmaker found that some of the security staff at Volkswagen do Brasil had cooperated with the country’s former military regime.
Record number of Americans to travel during Christmas holiday: AAA
NEW YORK (Reuters) – U.S. travelers will hit the roads, rails and skies this Christmas holiday in their largest numbers on record, lured by cheap plane tickets and a growing economy, the nation’s largest motor advocacy group said on Thursday.
Disney to buy Fox film, TV businesses for $52 billion
(Reuters) – Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s largest entertainment company an arsenal of shows and mo…
Global stocks edge up amid central bank bonanza
LONDON (Reuters) – World shares eked out modest gains on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause on a day packed with central bank decisions in Europe.
Delta Air Lines to place order for Airbus jets
NEW YORK (Reuters) – Delta Air Lines said on Thursday it will place a firm order for 100 Airbus A321neo jets and an optional order for 100 of the aircraft. Delta, the No. 2 U.S. airline by passenger traffic, said in a filing with the U.S. Securiti…
Disney to buy Fox film, some TV businesses for $52 billion
(Reuters) – Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock as the world’s largest entertainment company seeks even greater scale to com…
Stock futures up, eyes on Disney-Fox deal, bank stocks
(Reuters) – Wall Street was set for a slightly higher open on Thursday as traders focused on a $52.4 billion stock deal between Walt Disney and Twenty-First Century Fox and gains in shares of big banks.
