Exclusive: Tech companies to lobby for immigrant ‘Dreamers’ to remain in U.S.
SAN FRANCISCO (Reuters) – Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen…
Asian shares edge higher, Fed chief speculation tempers appetite
TOKYO (Reuters) – Asian shares inched slightly higher on Friday, but grappled for firmer leads as speculation about who the next U.S. central bank chief will be kept global investors wary.
Nissan’s inappropriate inspections started at least 20 years ago: NHK
TOKYO (Reuters) – Inappropriate inspection practices at Nissan Motor Co Ltd had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan’s second-biggest automaker.
SoftBank’s big checks are stalling tech IPOs
LAGUNA BEACH, Calif. (Reuters) – Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back th…
PayPal tops profit estimates, lifts target on mobile payments growth
(Reuters) – Sharp growth in mobile payments led PayPal Holdings Inc to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year.
Dow, S&P 500 eke out record highs, turn up after Fed Powell report
NEW YORK (Reuters) – The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair.
Mexican auto lobby rejects U.S. NAFTA proposal on rules of origin
MEXICO CITY (Reuters) – The Mexican Auto Industry Association (AMIA) on Thursday rejected U.S. proposals to increase North American content for autos produced in the region and require, under a new NAFTA deal, that half of all content come from the Uni…
S&P 500 ekes out record high, turns higher after Fed Powell report
NEW YORK (Reuters) – The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair.
PayPal quarterly profit beats on higher mobile transaction volume
(Reuters) – Payment processor PayPal Holdings Inc reported a better-than-expected quarterly profit on Thursday, helped by growth in mobile payments volume.
Whirlpool seeks 50 percent duties on LG, Samsung washers in U.S. trade case
WASHINGTON (Reuters) – Whirlpool and GE Appliances asked a U.S. trade panel on Thursday to recommend 50 percent import duties on large residential washing machines to ensure that rivals LG and Samsung follow through on plans to shift washer production …
