Tyson Foods raises stake in plant-based protein maker Beyond Meat
(Reuters) – Tyson Foods , the largest U.S. meat processor, said on Thursday it slightly raised its stake in plant-based protein maker Beyond Meat as it looks to tap growing demand for alternative sources of protein.
Japanese shares rally, bitcoin shoots for the moon
SYDNEY (Reuters) – Asian shares rallied for a second session on Friday as investors awaited major economic data from China and the United States while marveling at the meteoric ascent of the market’s new crypto-star, bitcoin.
JPMorgan’s Dimon taking customer pricing hints from Amazon
NEW YORK (Reuters) – JPMorgan Chase & Co expects to offer more price discounts to its banking customers who buy multiple products, similar to the way Amazon.com gives extras to its Prime subscribers, chief executive Jamie Dimon said on Thursday.
Bitcoin blows past $16,000, alarm bells ring louder
LONDON/NEW YORK (Reuters) – Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.
Oracle’s Safra Catz among two new members named to Disney board
(Reuters) – Media company Walt Disney Co on Thursday named Oracle Corp’s chief executive, Safra Catz, and her counterpart at Illumina Inc , Francis A. deSouza, to its board.
Alibaba redraws retail fault lines with bricks-and-mortar push
HANGZHOU, China (Reuters) – In a small village shop near the eastern Chinese city of Hangzhou, store owner Lu Qiwei uses his smartphone to place orders to refill stocks of instant noodles, rice and drinks.
Hilton says tax cut would finance share buybacks
NEW YORK (Reuters) – Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican ta…
Morgan Stanley fires former U.S. lawmaker for misconduct
NEW YORK (Reuters) – Morgan Stanley fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director at the Wall Street bank, for inappropriate conduct related to an undisclosed event, a spokeswoman said on Thursday.
Wall Street rising: Facebook, Alphabet, Lululemon gain
(Reuters) – Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also worked up a sweat.
Goldman Sachs to clear bitcoin futures: spokeswoman
NEW YORK (Reuters) – Goldman Sachs Group Inc. is planning to clear bitcoin futures for some clients as the new contracts go live on exchanges in the coming days, a spokeswoman for the bank said on Thursday.
