McDonald’s sets new welfare standards for chickens
CHICAGO (Reuters) – McDonald’s Corp will require suppliers to follow new standards for raising and slaughtering chickens served in its restaurants, the company said on Friday, the latest changes affecting popular menu items like McNuggets.
Raytheon wins $1.5 billion U.S. defense contract: pentagon
WASHINGTON (Reuters) – Raytheon Integrated Defense Systems, a unit of Raytheon Co , is being awarded a U.S. defense contract with a maximum value of $1.5 billion, the Pentagon said in a statement on Friday.
CVS deal for Aetna could help retailer face Amazon entry: analysts
(Reuters) – U.S. pharmacy operator CVS Health Corp’s move to buy health insurer Aetna Inc could shore-up CVS’ vulnerable pharmacy business and spur another round of dealmaking in an industry fearing Amazon’s arrival, analysts said.
Wall St. powered higher by tech, Amazon results
NEW YORK (Reuters) – Wall Street climbed on Friday as a surge in the tech sector and a rally in Amazon shares helped push the Nasdaq to its best day in nearly a year.
FCC media rule rollback could usher in TV station buying spree
WASHINGTON (Reuters) – The Republican-led Federal Communications Commission is moving to quickly undo roadblocks to increased consolidation among media companies, potentially unleashing an onslaught of deals among TV, radio and newspaper owners as the…
Amazon, tech surge drive big Nasdaq gains
NEW YORK (Reuters) – Wall Street climbed on Friday, as a surge in the tech sector and a rally in Amazon shares helped push the Nasdaq to its best day in nearly a year.
After CSeries deal, Bombardier aero unit faces uncertain future
MONTREAL (Reuters) – Bombardier Inc secured the future of its struggling CSeries jet but still needs to find ways to spur growth in other units that have aging products or face larger rivals, industry players and analysts said.
Tech, Amazon earnings power Wall St. higher
NEW YORK (Reuters) – Wall Street climbed on Friday, including a 2 percent jump in the Nasdaq, powered by strong earnings from tech heavyweights and Amazon, along with an upbeat statement from Apple on demand for its iPhone X.
Exxon, Chevron results linked to oil price, not cost cuts
HOUSTON (Reuters) – Rising oil and natural gas prices boosted third-quarter profits at Exxon Mobil Corp and Chevron Corp by about 50 percent, underscoring how reliant they remain on commodity markets for their financial futures than better technology o…
Exxon, investors huddle on climate data as proxy deadline looms
BOSTON (Reuters) – Activist Exxon Mobil Corp investors, five months after winning a landmark shareholder vote, are still pressing the company for an analysis on how its business could be affected by regulations aimed at limiting climate change.
