Banks lead Wall Street to highs, helped by data, Powell comments
(Reuters) – Wall Street hit record highs on Tuesday led by bank stocks, as investors seized on strong consumer confidence data and comments from President Donald Trump’s nominee to lead the Federal Reserve.
Tech stock rally hogs global market spotlight but ownership not cheap
By Caroline Valetkevitch, Rodrigo Campos and Patturaja Murugaboopathy
U.S. top court wary about widening whistleblower protections
WASHINGTON (Reuters) – Conservative and liberal U.S. Supreme Court justices on Tuesday appeared reluctant to broaden protections for corporate insiders who blow the whistle on securities law violations or fraud by their companies.
DHL orders 10 Tesla Semi electric trucks, mainly for shorter routes
SEATTLE (Reuters) – Deutsche Post AG’s DHL and Fortigo Freight Services Inc, one of Canada’s largest fleet management companies, said on Tuesday they have pre-ordered Tesla Inc’s electric truck unveiled earlier this month to test on limited routes.
Kaspersky CEO says he would leave if Russia asked him to spy
LONDON (Reuters) – The founder of Moscow-based anti-virus software company Kaspersky Lab said on Tuesday he would quit Russia if its intelligence agencies ever asked his company to spy for it.
U.S. judge says Uber withheld evidence, gives Waymo time to investigate
SAN FRANCISCO (Reuters) – Uber Technologies Inc withheld evidence in a high-profile lawsuit filed by Alphabet Inc’s Waymo, a U.S. judge said on Tuesday, dealing a new blow to the most valuable U.S. private company as it tries to complete a multibillion…
Wall Street at records as financials rally on Powell comments
(Reuters) – Wall Street indexes edged higher to records on Tuesday after Federal Reserve chair nominee Jerome Powell’s comments on interest rate hikes and deregulation fired up financial stocks.
Goldman Sachs among bidders for Scotiabank’s metals unit: sources
LONDON (Reuters) – Goldman Sachs Group is among around five bidders for ScotiaMocatta, the metals trading arm of Canada’s Bank of Nova Scotia , for which it is seeking up to $1 billion, sources with knowledge of the matter told Reuters.
U.S. top court weighs protections for corporate whistleblowers
WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday appeared hesitant to broaden protections for corporate insiders who blow the whistle on financial wrongdoing and fraud by their employers, with several justices suggesting the law does not cover …
Arby’s owner Roark gobbles up Buffalo Wild Wings for $2.4 billion
(Reuters) – Arby’s owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc for $2.4 billion, adding to its growing portfolio of U.S. restaurants after a bruising proxy fight over the direction of the chicken wing chain.
