As Samsung moves on from Note 7 crisis, SDI battery affiliate struggles
SEOUL (Reuters) – In the shadows of Samsung Electronics’ Note 7 smartphone crisis, affiliate Samsung SDI is quietly reassuring anxious clients including Apple Inc that its batteries are safe.
Fed policymakers confident of need for rate hikes on eve of Trump win
WASHINGTON, Nov 23 (Reuters) – Federal Reserve policymakers appeared confident on the eve of the U.S. presidential election that the economy was strengthening enough to warrant interest rate increases soon, minutes from the Fed’s Nov. 1-2 meeting showe…
Dow, S&P 500 set record high closes ahead of holiday
NEW YORK (Reuters) – The Dow and the S&P 500 eked out record high closes on Wednesday ahead of the Thanksgiving holiday, helped by gains in industrial stocks, though losses in technology shares limited the advance and weighed on the Nasdaq.
Jury awards Wal-Mart truck drivers $55 million in backpay
(Reuters) – A California federal jury on Wednesday handed down a $55 million verdict against Wal-Mart Stores Inc for failing to pay about 850 of its truck drivers all of the compensation to which they were entitled.
Quebec aerospace industry expects benefits from Boeing jet deal
MONTREAL (Reuters) – Aerospace companies in the Canadian province of Quebec will likely benefit from in-service support contracts linked to a federal government purchase of 18 Boeing Co Super Hornets, an industry group said on Wednesday.
Dow, S&P close at records; U.S. yields, dollar at multi-year highs
NEW YORK (Reuters) – The Dow Jones industrial average and S&P 500 ended at record highs for a third straight day on Wednesday, while U.S. two-year Treasury yields and the dollar hit multi-year peaks after upbeat U.S. economic data reinforced expectations for interest rate hikes.
Argentine business leaders agree to freeze layoffs until March
BUENOS AIRES (Reuters) – Argentine business leaders agreed on Wednesday not to lay off workers without justifiable cause until March 2017, after unemployment rose amid a prolonged recession.
Data shows U.S. economy strengthening on eve of Trump presidency
WASHINGTON (Reuters) – New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter.
Data shows U.S. economy strengthening on eve of Trump presidency
WASHINGTON (Reuters) – New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter.
BNDES to repay Brazil Treasury debt with mix of cash, securities
RIO DE JANEIRO (Reuters) – Brazil’s state development bank BNDES plans to repay up to 100 billion reais ($29 billion) in loans owed to the federal government using a mix of cash and securities, Chief Executive Officer Maria Sílvia Bastos Marques said, helping to curb rapid public debt growth.
