U.S. job openings at record high; qualified workers scarce
WASHINGTON (Reuters) – U.S. job openings rose to a record high in July, suggesting a slowdown in job growth in August was an aberration and that the labor market was strong before the recent disruptive hurricanes.
‘System safeguards’ lacking in Tesla crash on autopilot: NTSB
WASHINGTON (Reuters) – The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomou…
Financials, industrials boost S&P to record high
(Reuters) – The S&P 500 hit a record intraday high on Tuesday, led by gains in financial and industrial stocks after Irma weakened to a tropical depression, but declines in McDonald’s and technology stocks weighed on the Dow and Nasdaq.
Two labor unions end partnership with Harley-Davidson
(Reuters) – Two labor unions ended a two-decade long partnership agreement with Harley-Davidson Inc on Tuesday, citing issues with senior management.
Home Capital shareholders vote against Buffett lifting stake
TORONTO (Reuters) – Home Capital’s shareholders on Tuesday rejected a proposal for Warren Buffett’s Berkshire Hathaway to raise its stake in the company, voting against the board’s recommendation in a rare defeat for the U.S. billionaire.
AT&T to reinvest more ad sales into content, extends free HBO offer
(Reuters) – AT&T Inc , which is buying Time Warner Inc , said it plans to reinvest more advertising revenue into content as it goes head-to-head with online streaming services such as Netflix Inc .
Operational limits played key role in Tesla crash on autopilot: NTSB
WASHINGTON (Reuters) – The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomou…
Goldman details $5 billion revenue growth plan amid investor questions
(Reuters) – Goldman Sachs Group Inc on Tuesday unveiled a growth plan that could add as much as $5 billion in revenue annually, as the bank seeks to reassure investors after two poor trading quarters in a row.
S&P opens at record high as Irma weakens; Apple in focus
(Reuters) – The S&P opened at a record high on Tuesday as Irma further weakened to a post-tropical cyclone, and ahead of the highly anticipated launch of the new iPhone.
VW’s CEO says has no plans to divide up the group
FRANKFURT (Reuters) – Volkswagen has no plans to follow local rival Daimler in considering changing the group’s legal structure, its chief executive said, even as the company undergoes the biggest transformation in its history.
