IBM catapults Dow Industrials over 23,000
NEW YORK (Reuters) – The Dow Jones Industrial Average closed above the 23,000 level for the first time on Wednesday, driven by a jump in IBM after the computing giant hinted at a return to revenue growth.
Ford to recall 1.34 million trucks in North America for door latch fix
WASHINGTON (Reuters) – Ford Motor Co said on Wednesday it would recall 1.34 million 2015-17 Ford F-150 and 2017 Ford Super Duty trucks in North America to add water shields to side door latches at a cost of $267 million.
Viacom, Charter deal to include eight networks in basic package: source
(Reuters) – Viacom Inc and Charter Communications Inc have agreed to a distribution deal that puts eight of Viacom’s most popular networks in Charter’s cheapest U.S. cable bundle, a source told Reuters on Wednesday.
Native American tribe holding patents sues Amazon and Microsoft
(Reuters) – A Native American tribe sued Amazon.com Inc and Microsoft Corp in federal court in Virginia on Wednesday for infringing supercomputer patents it is holding for a technology firm.
Dow stays above 23,000-mark on IBM surge
(Reuters) – The Dow Jones Industrial Average rallied above the 23,000-mark on Wednesday, propelled by IBM’s 9 percent surge after the computing giant hinted a return to revenue growth.
Viacom, Charter agree to network deal for basic package: source
(Reuters) – Viacom Inc and Charter Communications have agreed to a deal that would see eight of Viacom’s networks included in the least expensive package of Charter’s Spectrum cable service, a source told Reuters on Wednesday.
UPS CEO says updated NAFTA better for economy than no trade treaty
DETROIT (Reuters) – The top executive of United Parcel Service Inc said on Wednesday he is optimistic the U.S., Canadian and Mexican governments can successfully renegotiate NAFTA, and said not having a free trade agreement in place would not be good …
Ford to recall about 1.3 million trucks in North America for door latch fix
WASHINGTON (Reuters) – Ford Motor Co said on Wednesday it would recall about 1.3 million 2015-17 Ford F-150 and 2017 Ford Super Duty trucks in North America to add water shields to side door latches at a cost of $267 million.
Dow hovers above 23,000, boosted by IBM
(Reuters) – The Dow Jones Industrial Average stayed above the 23,000-mark in late morning trading on Wednesday with solid support from IBM, which reported strong earnings.
U.S. housing starts hit one-year low; building permits tumble
WASHINGTON (Reuters) – U.S. homebuilding fell to a one-year low in September as Hurricanes Harvey and Irma disrupted the construction of single-family homes in the South, suggesting housing probably remained a drag on economic growth in the third quar…
