Trump turmoil could lead investors to reassess risk appetite
LONDON (Reuters) – The turmoil in Washington surrounding Donald Trump’s presidency is rattling world markets, and the burst of volatility could force investors into a strategic or tactical rethink of how much risk they are happy to face.
Audi pledges full dieselgate transparency: CEO
NECKARSULM, Germany (Reuters) – Audi pledged full transparency as it continues to clean up after the dieselgate emissions fraud but shareholders at the German luxury carmaker’s annual meeting on Thursday again urged managers to reveal more about the s…
Fiat Chrysler shares drop on U.S. diesel emissions probe
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV shares fell over 3 percent in early U.S. trading on Thursday on reports the Justice Department is preparing to file a civil suit against the automaker for selling 104,000 vehicles that emit excess di…
Roger Ailes, former Fox News chief, dies at 77
NEW YORK (Reuters) – Roger Ailes, founder and former chief executive of Fox News, the cable news channel popular with conservatives that helped reshape the U.S. political landscape, has died at age 77.
U.S. economy seen less likely to grow 3 percent this year: Reuters poll
(Reuters) – The probability that the U.S. economy will grow 3 percent this year has fallen over the last month as weak data and political concerns have dented confidence, according to a slim majority of economists in a Reuters poll.
Wall Street rebounds after steepest selloff in months
(Reuters) – Wall Street rebounded on Thursday from its biggest selloff in more than eight months with help from a move to loosen internet regulations and strong economic data.
Daimler, Vivint Solar in exclusive deal on U.S. home batteries
(Reuters) – German automaker Daimler AG will enter the nascent U.S. market for home batteries through a collaboration with residential rooftop solar installer Vivint Solar Inc, the two companies said on Thursday.
Old machines show why Trump tax breaks may not spark new company spending
CLEVELAND (Reuters) – Hanging on the wall of David Shippoli’s office at a sprawling factory here is his company’s annual scavenger award, a stuffed hyena head, given to the employee who finds the cheapest way to execute an investment project in the past year.
Alibaba announces $6 billion buyback but misses EPS forecast
(Reuters) – Alibaba Group Holding Ltd plans to buy back shares worth up to $6 billion over two years, the company said on Thursday, as it beat first-quarter revenue forecasts but fell short of earnings estimates.
U.S. economic outlook brightens as job market tightens
WASHINGTON (Reuters) – New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans on unemployment rolls tumbled to a 28-1/2-year low, pointing to rapidly shrinking labor market slack.
