Wall Street extends record streak, Dow breaks 19,000 for first time
NEW YORK (Reuters) – U.S. stocks extended their post-U.S. election rally on Tuesday with moderate gains that pushed the Dow above 19,000 for the first time and the three major indexes to record closing levels for a second straight day.
U.S. SEC says ex-broker peddled securities after bar from industry
(Reuters) – A former Morgan Stanley broker who was barred from the securities industry later solicited $2.7 million from 10 elderly and retired investors without disclosing that his license was revoked, U.S. securities regulators said on Tuesday.
HP Inc forecasts adjusted profit largely below estimates
(Reuters) – HP Inc , the legacy printer and PC business of the former Hewlett-Packard Co, forecast a current-quarter adjusted profit largely below analysts’ estimates amid waning demand for its printers.
Mexico interest rates likely to follow U.S. move higher: Sanchez
MEXICO CITY (Reuters) – Mexico is likely to further raise interest rates since the United States is expected to lift borrowing costs, Mexican Central Bank Deputy Governor Manuel Sanchez said in an interview on Tuesday.
U.S. shares end at record highs for second day, oil steadies
NEW YORK (Reuters) – Wall Street’s three main stock indexes ended at record highs for a second straight day on Tuesday, while European shares also rose on expectations that markets would benefit from U.S. President-elect Donald Trump’s policies.
VW reboots Americas strategy, drops diesel in U.S.
WOLFSBURG, Germany (Reuters) – Volkswagen said on Tuesday it would drop diesel vehicles in the United States and refocus on sport utility and electric vehicles, as the automaker looks to reboot strategy for its core brand in the Americas in the wake o…
Trump sinks Asia trade pact, opening the way for China to lead
TOKYO/SYDNEY (Reuters) – An ambitious Asia-Pacific trade pact linking the United States and 11 countries lay in tatters on Tuesday after U.S. President-elect Donald Trump said he would kill the deal on his first day in office on Jan. 20.
Italy to push Iran trade ties, undaunted by Trump
ROME (Reuters) – Italy’s industry minister pledged on Tuesday to support business deals with Iran potentially worth billions of dollars, undeterred by fears U.S. President-elect Donald Trump could put slowly thawing international relations back on ice….
Volkswagen CEO sees no diesel in future of U.S. business
WOLFSBURG, Germany/SAN FRANCISCO (Reuters) – Volkswagen will no longer offer diesel vehicles in the United States, its global brand chief said on Tuesday, ending speculation the company might return to the technology after its emissions scandal fades f…
Toyota recalls 838,000 Sienna minivans to fix sliding door issue
(Reuters) – Toyota Motor Corp said it was recalling about 838,000 Sienna minivans to fix an issue that may arise while operating sliding doors of the vehicles.
