Trump to meet with airline CEOs on Thursday: White House
WASHINGTON (Reuters) – U.S. President Donald Trump will meet with the chief executive officers of airlines on Thursday, the White House said, another in a series of meetings the new president has had with business leaders.
Trump ignites political fight over U.S. banking law reforms
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance and squarely aligned him with Wa…
Banks, jobs data send Wall Street higher
NEW YORK (Reuters) – U.S. stocks climbed on Friday, with the S&P 500 closing just short of a record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and by a strong payrolls report.
Neiman Marcus pulls Ivanka Trump’s jewelry line from website: Yahoo News
(Reuters) – Luxury retailer Neiman Marcus Group [NMRCUS.UL] has stopped selling Ivanka Trump’s jewelry line on its website and a store in New Jersey, Yahoo News reported on Friday, citing a sales associate.
Canada’s Hudson’s Bay makes takeover approach for Macy’s: sources
(Reuters) – Hudson’s Bay Co has made a takeover approach for struggling retailer Macy’s Inc, people familiar with the matter said, trying to push further into the U.S. market where it already owns the Lord & Taylor and Saks Fifth Avenue chains.
SEC drops crisis-era case against ex-Thornburg executives
(Reuters) – The U.S. Securities and Exchange Commission on Friday dropped its case against two former executives at now-defunct home lender Thornburg Mortgage Inc in a lawsuit brought in the wake of the 2008 financial crisis.
U.S. job growth accelerates in January, but wages lag
WASHINGTON (Reuters) – U.S. job growth surged more than expected in January as construction firms and retailers ramped up hiring, but wages barely rose, handing the Trump administration both a head start and a challenge as it seeks to boost the economy…
U.S. business leaders express concerns to Trump about travel ban
WASHINGTON (Reuters) – Chief executives of major U.S. companies huddled with President Donald Trump at the White House on Friday and some of them expressed concern about a travel ban on people from seven Muslim-majority countries traveling to the Unite…
At Snap, cost of hosting sets high bar for revenue growth
SAN FRANCISCO (Reuters) – Snap Inc’s initial public offering filing seemed to show a company with a basic math problem: the company’s cost of revenue for 2016 – the amount it had to spend just to keep the messaging service running – was $47 million higher than its $405 million in sales.
Google sells satellite imaging business Terra Bella to Planet Labs
(Reuters) – Alphabet Inc’s Google said on Friday it would sell its satellite imaging business, Terra Bella, to Planet Labs, a San Francisco-based private satellite operator founded by former NASA scientists.
