Airbus CSeries deal unlikely to spur quick boost in sales: Air Lease CEO
MONTREAL (Reuters) – Airbus SE’s deal with Bombardier boosts confidence in the CSeries jet program but may not spur many new sales until it is finalized and a U.S. trade dispute is resolved, the head of a major aircraft leasing firm said on Thursday.
Facebook to launch news subscription feature, some big names opt out
(Reuters) – Facebook Inc said on Thursday it has signed up 10 news publishers including the Washington Post and The Economist to take part in a trial that gives its mobile app users access to a limited number of articles a month and then the option to…
Microsoft expands rural U.S. campaign with Green Bay Packers tie-up
SAN FRANCISCO (Reuters) – Microsoft Corp has teamed up with the National Football League’s Green Bay Packers in a $10 million partnership intended to spur tech innovation in Wisconsin, the software company said on Thursday.
Tesla’s Model 3 gets an ‘average’ as new tech dents auto reliability: Consumer Reports
DETROIT (Reuters) – Tesla Inc’s new Model 3 sedan is likely to have “average” reliability despite production snags because it uses older technology rather than newer innovations that are causing problems for automakers, Consumer Reports magazine said …
Target CEO says small-format stores twice as productive as traditional
NEW YORK (Reuters) – Sales per square foot at Target Corp’s 44 small-format stores are “easily double” that at traditional stores, Target Chief Executive Brian Cornell said on Thursday, after the retailer announced 11 new small-format stores opening t…
Apple drags down Wall Street from record highs
(Reuters) – Losses in Apple stalled Wall Street’s record run on Thursday as worries over slack demand for iPhone 8 sent its shares down 2.5 percent.
GM to settle state ignition claims for $120 million
WASHINGTON (Reuters) – General Motors Co on Thursday agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general said.
U.S. jobless claims hit 44-1/2-year low; mid-Atlantic factories humming
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits dropped to its lowest level in more than 44-1/2 years last week, pointing to a rebound in job growth after a hurricane-related decline in employment in September.
Apple stalls Wall Street’s record run
(Reuters) – Wall Street pulled back from record highs on Thursday with Apple leading a decline in technology stocks and a bunch of weak corporate results adding to the dour mood.
Stocks retreat from record, U.S. Treasury yields slip
NEW YORK (Reuters) – World stock markets broadly retreated amid investor caution after a flurry of tepid corporate earnings reports from around the globe, stoking demand instead for safer assets like U.S. Treasuries, pushing yields lower.
