Boeing shares jump on strong fourth-quarter results, 2017 forecast
(Reuters) – Boeing Co posted quarterly profit and operating cash that beat analysts’ estimates, and promised an even better performance in 2017, thanks to “relentless” cost cutting, rising productivity and U.S. President Donald Trump’s pro-business age…
German carmakers warn U.S. against launching trade curbs
BERLIN (Reuters) – German automakers warned on Wednesday the United States would suffer significant economic damage from imposing trade curbs, after President Donald Trump put renewed pressure on U.S. carmakers to build more vehicles at home.
RBC woos three senior financials bankers from Deutsche Bank
(Reuters) – RBC Capital Markets has hired three senior Deutsche Bank AG bankers who focus on advising banks, according to an internal memo from the Canadian firm.
Apple sues Qualcomm in Beijing seeking 1 billion yuan
WASHINGTON (Reuters) – Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan ($145.32 million) in damages, Beijing’s Intellectual Property Court said in a …
Dow’s climb from 10,000 to 20,000 was unusually slow
SAN FRANCISCO (Reuters) – The Dow Jones Industrial Average hit 20,000 for the first time ever on Wednesday in an ascent from 10,000 that has taken almost two decades.
General Electric to have logo patch on Boston Celtics jerseys
(Reuters) – The Boston Celtics will wear General Electric Co’s corporate logo on their jerseys during basketball games beginning next season, the NBA franchise announced on Wednesday.
Dow hits 20,000 as Trump and earnings reignite rally
By Yashaswini Swamynathan, Rodrigo Campos and Chuck Mikolajczak
Cuban trade delegation visits U.S. as Trump ponders detente
HAVANA (Reuters) – A Cuban trade delegation arrived in the United States this week to visit four states and six ports, even as the Trump administration pondered what to do with a fragile detente initiated by its predecessor.
Siemens to pick banks for blockbuster Healthineers listing: sources
FRANKFURT (Reuters) – German industrial group Siemens will shortly start picking banks to organize a stock market listing of its healthcare business, which could be valued at up to 37 billion euros ($40 billion) including debt, three people close to t…
NYSE plans NYSE American to counter ‘Flash Boys’ exchange IEX
NEW YORK (Reuters) – The operator of the New York Stock Exchange said on Wednesday it will change the model of its NYSE MKT exchange to implement a so-called speed bump, in a direct challenge to the Investors’ Exchange, the newest U.S. stock exchange.
