GE, Boeing, Oracle form coalition to support Republican border tax
WASHINGTON (Reuters) – U.S. companies including major exporters General Electric Co and Boeing Co launched a coalition on Thursday to back a House Republican plan to tax all imports, saying the proposal would “support American jobs and American-made …
Japan’s robotics startup ZMP Inc hopes to list in coming months: CEO
TOKYO (Reuters) – Japanese robotics startup ZMP Inc hopes to list on the Tokyo Stock Exchange in the coming months, after a delay late last year due to client information being leaked on to the internet, the firm’s founder and CEO told Reuters on Frida…
Amazon sees lower operating profit this quarter, shares dip
(Reuters) – Amazon.com Inc forecast an unexpected dip in operating profit for the current quarter, sending shares down more than 4 percent due to concerns about the costs of investments including new warehouses and video content.
Nordstrom winds down relationship with Ivanka Trump brand: Bloomberg report
(Reuters) – Nordstrom Inc is winding down its relationship with the Ivanka Trump brand, Bloomberg reported, citing a person with knowledge of the matter.
Uber CEO quits Trump’s business advisory group
SAN FRANCISCO/WASHINGTON (Reuters) – Uber Technologies Inc Chief Executive Officer Travis Kalanick quit President Donald Trump’s business advisory group on Thursday amid mounting pressure from activists and employees who oppose the administration’s imm…
Visa’s profit, revenue tops estimates on payment volume growth
(Reuters) – Visa Inc , the world’s largest payments network operator, reported better-than-expected quarterly profit and revenue as more people made payments using its network.
Amgen fourth quarter profit tops Street view, cholesterol news lifts shares
(Reuters) – Amgen Inc on Thursday posted a higher-than-expected fourth-quarter profit, helped by a jump in sales of its Enbrel rheumatoid arthritis drug, but it issued a 2017 sales and earnings forecast range below current Wall Street estimates.
Macy’s, J.C. Penney settle Martha Stewart litigation
NEW YORK (Reuters) – Macy’s Inc has settled its lawsuit accusing J.C. Penney Co of interfering improperly with its exclusive merchandising agreement with Martha Stewart Living Omnimedia Inc.
Wall Street stalls as market, Trump priorities diverge
NEW YORK (Reuters) – U.S. stocks ended little changed on Thursday as the recent rally continued to stall following President Donald Trump’s latest comments on trade and the policies he will pursue.
Microsoft asks for exception program on Trump immigration orders
(Reuters) – Microsoft Corp on Thursday said it proposed a program to U.S. President Donald Trump’s administration allowing people from seven predominantly Muslim nations to enter and leave the United States on business or family emergency travel if th…
