Wall Street indexes log record high closes
NEW YORK (Reuters) – U.S. stocks started the fourth quarter on a strong note on Monday, with the S&P 500, the Dow and the Russell 2000 all hitting record high closes as data pointed to underlying strength in the economy.
Tesco’s ex-chairman to give evidence in trial of former executives
LONDON (Reuters) – Former Tesco chairman Richard Broadbent will be a witness in the trial of three former executives accused of fraud and false accounting at Britain’s biggest retailer, a court heard on Monday.
Takata says $1.6 billion KSS deal to be signed in within two weeks
WILMINGTON, Del. (Reuters) – Key Safety Systems has agreed to terms on the $1.6 billion purchase of assets of Takata Corp , stricken by a recall of its faulty vehicle air bags, and final documents will be signed in less than two weeks, a lawyer for Tak…
Roku slumps 11 percent, on track for first down day
SAN FRANCISCO (Reuters) – Roku’s stock tumbled 11 percent on Monday and was on track for its first loss since the music streaming company’s public listing last week, even after it unveiled a lineup of new devices.
Uber board seats two directors named by Kalanick: sources
SAN FRANCISCO (Reuters) – Uber Technologies Inc’s [UBER.UL] board added two new directors nominated by co-founder Travis Kalanick, two sources familiar with the matter said on Monday, giving the former chief executive new allies as the board considers …
Hurricanes Harvey, Irma lift U.S. factory activity index to 13-year high
WASHINGTON (Reuters) – A measure of U.S. manufacturing activity surged to a near 13-1/2-year high in September as disruptions to the supply chains caused by Hurricanes Harvey and Irma resulted in factories taking longer to deliver goods and boosted raw…
United States renews WTO complaint over Canadian wine retailing
GENEVA (Reuters) – The United States has kept trade friction with Canada simmering by filing a new version of a trade complaint over Canadian wine retailing, a document published by the World Trade Organization showed on Monday.
S&P, Dow at record highs as financials, healthcare climb
(Reuters) – The S&P 500 and the Dow traded just below record highs touched at open on Monday, in a strong start to the fourth quarter, boosted by financials and healthcare stocks and after data pointed to underlying strength in the economy.
Trump says hopes to improve U.S. trade with Thailand
WASHINGTON (Reuters) – U.S. President Donald Trump told the prime minister of Thailand on Monday he wants to improve the U.S. trade relationship with Thailand.
European airline failures play into hands of richer rivals
BERLIN (Reuters) – First Alitalia, then Air Berlin and now Monarch Airlines: Europe’s struggling carriers are falling like dominoes and the region’s biggest airlines are set to chalk up bigger profits.
