McDonald’s sets new welfare standards for chicken suppliers
CHICAGO (Reuters) – McDonald’s Corp will require suppliers to improve the living conditions and slaughter process for chickens raised to be served in its restaurants, the company said on Friday, the latest changes affecting popular menu items like McN…
Strong tech earnings, Apple lift Nasdaq higher
(Reuters) – Strong earnings from tech giants and Apple’s upbeat statement on its iPhone X demand lifted the Nasdaq Composite index 2 percent and led the gains on Wall Street.
Inventories, trade shield U.S. economy from hurricane headwinds
WASHINGTON (Reuters) – The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in con…
U.S. investigating forex trading at Wells Fargo: WSJ
(Reuters) – Federal prosecutors are investigating foreign-exchange trading at Wells Fargo & Co and have subpoenaed information from the firm, the Wall Street Journal reported, citing people familiar with the matter.
Solid tech earnings, Apple lift Nasdaq higher
(Reuters) – The Nasdaq Composite index surged more than 1 percent on Friday on blowout earnings from Microsoft, Amazon and Alphabet and after Apple said demand for its latest iPhone X is “off the charts”.
Toyota scrambles to ready ‘game-changer’ EV battery for mass market
TOKYO (Reuters) – Toyota Motor Corp is scrambling to solve outstanding issues as it races to commercialize a battery breakthrough during the first half of the 2020s with the potential to cut the cost of making electric cars.
Exclusive: OPEC’s head says Saudi, Russia statements ‘clear fog’ before November 30 meeting
LONDON (Reuters) – The fog has been cleared ahead of OPEC’s next policy meeting by Saudi Arabia and Russia declaring their support for extending a global deal to cut oil supplies for another nine months, OPEC’s secretary general told Reuters on Friday….
Microsoft, Amazon push S&P, Nasdaq higher
(Reuters) – Gains in technology stocks powered by strong earnings from Microsoft, Amazon and Alphabet lifted the Nasdaq and the S&P on Friday, but losses in Chevron and Merck kept the Dow in the red.
UBS cautions gains from wealthy client activity may not last
ZURICH (Reuters) – A pick-up at UBS’s core wealth management business is likely to weaken in the final months of 2017 as clients withdraw money to take part in tax amnesty programs, the world’s biggest private bank said.
Extent of VW emissions cheating discussed earlier than known: Spiegel
FRANKFURT (Reuters) – Volkswagen engineers told top managers that diesel emissions manipulations went far beyond issues in the United States two days before the carmaker made a public announcement to that effect in 2015, Der Spiegel reported on Friday…
