Shares of Gap on track for biggest gain since 2008
SAN FRANCISCO (Reuters) – Shares of Gap Inc had their biggest jump in eight years on Friday and many of its rivals also rose after the apparel retailer posted September sales that were not as bad as expected and kindled hopes of a potential recovery i…
Fed’s Fischer says jobs number close to Goldilocks ideal
WASHINGTON (Reuters) – Friday’s jobs number was close to an ideal “Goldilocks” reading that showed the economy motoring ahead but not too fast to pose risks, Federal Reserve vice chair Stanley Fischer said on Friday.
Qatar Airways places $18 billion order for 100 Boeing jets-source
NEW YORK (Reuters) – Gulf Carrier Qatar Airways has ordered $18 billion worth of Boeing Co jetliners, a deal that includes firm orders for 40 widebody aircraft and options for 60 narrowbody 737 MAX jets, according to a person familiar with the matter….
VW recalls 281,500 Volkswagen, Audi vehicles in U.S. due to fuel leaks
DETROIT (Reuters) – Volkswagen AG is recalling about 281,500 Volkswagen and Audi brand vehicles in the United States in three separate recalls, each due to fuel leaks but with different causes, according to a regulatory filing on Friday.
Delta CEO says summer traffic was its best summer ever
NEW YORK (Reuters) – Delta Air Lines this year carried the most passengers in a summer ever, despite a computer outage in August, Chief Executive Officer Ed Bastian said on Friday.
U.S. court reinstates Apple win over Samsung in patent case
NEW YORK (Reuters) – A federal appeals court on Friday reinstated a $120 million jury award for Apple Inc against Samsung , in another stunning twist in the fierce patent war between the world’s top smartphone manufacturers.
Netflix CEO says China entry ‘doesn’t look good’
(Reuters) – Video streaming service Netflix Inc’s Chief Executive Reed Hastings said the likelihood of the company entering the Chinese market “doesn’t look good”.
OPEC officials set for flurry of meetings to nail down Algeria deal
DUBAI/LONDON (Reuters) – OPEC officials are embarking on an unusual flurry of meetings in the next six weeks, OPEC sources said on Friday, to nail down details of their deal to cut production agreed last week in Algiers.
Real estate investors on U.S. coasts target cheap, out-of-state markets
NEW YORK (Reuters) – Even with a good salary as a data scientist at a San Francisco technology firm, Yang Guo, 30, knew he couldn’t afford a home in the Bay Area, among the priciest U.S. markets.
Thomson Reuters CEO to move to Toronto, launches tech center
(Reuters) – Thomson Reuters Corp said it plans to create a new technology center in Toronto by hiring 400 people over the next two years, and that its chief executive and chief financial officer will move to the Canadian city in 2017.
