First-time buyers boost U.S. home sales; jobless claims rise
WASHINGTON (Reuters) – U.S. home resales surged in September after two straight months of declines as first-time buyers stepped into the market, pointing to underlying momentum in the economy.
JetBlue urges speedy resolution to Norwegian Air’s U.S. dispute
OSLO (Reuters) – U.S. airline JetBlue Airways Corp. urged the U.S. government to resolve a dispute over Norwegian Air Shuttle’s bid to increase flights to the United States, raising concerns that its own potential European expansion might be curbed a…
ECB leaves door open to more stimulus, points to December meeting
FRANKFURT (Reuters) – The European Central Bank left ultra-loose monetary policy unchanged on Thursday but kept the door open to more stimulus in December, firmly shooting down any talk of tapering its 1.7 trillion euro asset-buying program.
India’s Wipro to buy U.S. cloud services company Appirio for $500 million
MUMBAI (Reuters) – Wipro Ltd , India’s third-biggest software services exporter, said on Thursday it had agreed to buy U.S.-based cloud services company Appirio for $500 million.
California launches criminal probe into Wells Fargo account scandal
WASHINGTON (Reuters) – The California Attorney General’s Office has launched a criminal investigation into Wells Fargo over allegations it opened millions of unauthorized customer accounts and credit cards, according to a seizure warrant seen by Reute…
U.S. home resales rise, prices also up as inventory stays tight
WASHINGTON (Reuters) – U.S. home resales rose more than expected in September, boosted by a firming labor market that is helping buyers overcome a fast increase in prices and a national shortage in inventory.
Exclusive: Blockchain platform developed by banks to be open-source
LONDON (Reuters) – A blockchain platform developed by a group that includes more than 70 of the world’s biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology.
Walgreens profit beats, Rite Aid deal seen closing in 2017
(Reuters) – Drugstore operator Walgreens Boots Alliance Inc reported a better-than-expected quarterly profit, helped by cost cutting, and said it now expected its acquisition of Rite Aid Corp to close on Jan. 27, three months later than planned.
American Airlines profit beats estimates as fuel costs fall
(Reuters) – American Airlines Group Inc reported a slightly better-than-expected quarterly profit, helped by lower fuel costs.
Global stocks nudge higher after final U.S. presidential debate
LONDON (Reuters) – Stock markets inched higher but the Mexican peso was mixed after the third and final U.S. presidential debate, which was judged to have given no clear boost to Donald Trump’s hopes of winning the White House.
