Holiday sales forecasts indicate strong growth for retailers
(Reuters) – Early holiday sales forecasts are indicating a largely stronger season for retailers than last year, helped by higher online sales and increasing spending power due to a strong labor market.
Apple Watch fails to tick with reviewers due to cellular glitch
(Reuters) – Reviewers of Apple Inc’s latest smartwatch unveiled a week ago were impressed by some of its smartphone features, but several said on Wednesday they did not recommend the device because of connectivity problems and poor battery life.
Wall St. falls after Fed signals another rate hike this year
(Reuters) – Wall Street’s three major indexes were lower on Wednesday after the Federal Reserve signaled that it expects another rate hike by year end and disclosed timing for reducing its balance sheet.
Waymo seeking $2.6 billion from Uber for one trade secret: lawyer
SAN FRANCISCO (Reuters) – Alphabet Inc’s Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars, a lawyer for Uber said on Wednesday.
Wall St. flat; all eyes on Fed policy decision
(Reuters) – U.S. stocks were little changed in early afternoon trading on Wednesday as investors awaited the Federal Reserve’s policy decision for clues on the future path of interest rates.
Google close to buying smartphone maker HTC’s assets: Bloomberg
(Reuters) – Alphabet Inc’s Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp , Bloomberg reported, citing a person familiar with the matter.
BlackRock’s Fink says he is committed to gender diversity
NEW YORK (Reuters) – BlackRock Inc Chief Executive Larry Fink on Wednesday said the largest asset manager must mirror its customers in terms of gender, in comments that come as the company has become more vocal about shareholder and activist efforts t…
S&P, Dow flat ahead of Fed decision; Apple weighs on Nasdaq
(Reuters) – The S&P and the Dow were little changed on Wednesday but hovered near record levels as investors waited to hear from the Federal Reserve on future interest rate hikes this year while the tech-heavy Nasdaq was pulled lower by a drop in Apple.
General Mills profit misses as U.S. yogurt sales sour
(Reuters) – General Mills Inc reported a smaller-than-expected quarterly profit as yogurt and cereal sales declined in North America, sending the company’s shares down 9 percent to their lowest levels in nearly two years.
BlackRock’s Fink says he is committed to gender parity
NEW YORK (Reuters) – BlackRock Inc Chief Executive Larry Fink on Wednesday said he is committed to gender parity and that his company must mirror customers, especially with a large proportion of household wealth managed by women.
