Wall Street at record levels on Powell’s comments
(Reuters) – Wall Street indexes hovered near record levels on Tuesday as investors digested comments from Federal Reserve chair nominee Jerome Powell and shrugged off concerns over progress of the U.S. tax bill.
U.S. judge says Uber withheld evidence, delays Waymo trial
SAN FRANCISCO (Reuters) – A U.S. judge on Tuesday said Uber Technologies Inc had withheld evidence from him and granted a request from Alphabet Inc’s Waymo self-driving car unit to delay a trade secrets trial that had been scheduled to begin next week….
Wall Street edges higher; Powell hearing, tax bill in focus
(Reuters) – The S&P and the Dow hit records at the open on Tuesday, led by gains in technology stocks, with investors also focusing on Federal Reserve chair nominee Jerome Powell’s confirmation hearing and progress on the U.S. tax bill.
Ivanka Trump, feted in India, calls for closing gender gap in business
HYDERABAD, India (Reuters) – U.S. President Donald Trump’s daughter Ivanka Trump kicked off a global business summit in southern India on Tuesday calling for better opportunities for women entrepreneurs battling heavy odds around the world.
Ad group WPP in talks with client Ford to extend partnership
LONDON (Reuters) – WPP said on Tuesday Ford Motor Company , a major client, had informed it of its intention to carry on working with the world’s biggest advertising agency for a new period of time beginning in 2018, lifting its shares.
Arby’s restaurant owner to buy Buffalo Wild Wings for $2.4 billion
(Reuters) – Arby’s restaurant owner Roark Capital Group will buy Buffalo Wild Wings Inc for $2.4 billion, months after an activist investor won seats on the chicken wing restaurant’s board following a proxy fight demanding management change.
U.S. boom in RV shipments keeps rolling
(Reuters) – The boom in U.S. recreational vehicle sales keeps on rolling, thanks to a strong economy and a wave of retiring Baby Boomers and others filled with wanderlust.
Traders await Powell hearing; Brexit doubts grip pound
LONDON (Reuters) – The dollar was stuck near a two-month low on Tuesday as traders waited for the confirmation hearing of new Federal Reserve chair Jerome Powell, while the pound slipped from a two-month high as Brexit-related doubts began to re-exert …
Amazon is a potential customer, says Textron aviation chief
(Reuters) – Textron Inc sees Amazon.com Inc as a potential customer, the head of the company’s aviation business told CNBC on Tuesday, given the increased need for freight and transport with a booming ecommerce industry.
Arby’s owner Roark to buy Buffalo Wild Wings for $2.4 billion
(Reuters) – Arby’s restaurant owner Roark Capital Group will buy Buffalo Wild Wings Inc for $2.4 billion, months after an activist investor won seats on the restaurant’s board following a bitter proxy fight.
