Trading in eight stocks suspended for rest of day: NYSE ARCA
NEW YORK (Reuters) – NYSE Arca has suspended trading in eight symbols for the balance of the trading day because of a technical issue, including Amazon.com and both classes of Alphabet Inc shares, according to an alert from the exchange.
Wall Street to end 2016 with small gain; rate rises a worry: Reuters poll
NEW YORK (Reuters) – The turbulent selloff that marked the start of the year for U.S. stocks may be over, but the market will still end 2016 with a whimper, posting just a modest gain, according to strategists polled by Reuters.
China’s Anbang abandons $14 billion bid to buy Starwood Hotels
(Reuters) – China’s Anbang Insurance Group Co said on Thursday it has abandoned its $14 billion bid for Starwood Hotels & Resorts Worldwide Inc , paving the way for Marriott International Inc to buy the Sheraton and Westin hotels operator.
Stocks start quarter in the red as US jobs report looms
LONDON (Reuters) – Gloomy Japanese manufacturing data on Friday ensured a downbeat start to the second quarter, driving stocks lower and supporting safe-haven assets like gold and the yen as investors awaited a U.S. payrolls report later in the day.
Hillary Clinton to propose $10 billion manufacturing investment
WASHINGTON (Reuters) – Democratic presidential candidate Hillary Clinton on Friday will propose a $10 billion investment in partnerships to encourage the growth of the U.S. manufacturing sector as part of a national push to discourage outsourcing in th…
China factories scent hint of spring, Europe still chilly
LONDON/SYDNEY (Reuters) – Activity in China’s vast factory sector grew for the first time in nine months during March to bring a hint of spring to the global economy, although growth remained weak in Europe, leading to a muted response in financial mar…
Brands seek Rio gold in new advertising playing field
NEW YORK (Reuters) – Dozens of major companies and specialty brands that are not official Olympics sponsors have applied to run advertising campaigns featuring athletes ahead of the Rio 2016 Olympic Games, taking advantage of new rules that are shaking…
World’s top banks in U.S. government cross-hairs over dealings with 1MDB
KUALA LUMPUR (Reuters) – U.S. Department of Justice officials have asked Deutsche Bank AG and JPMorgan Chase & Co to provide details on their dealings with 1MDB, as global investigations into the troubled Malaysian state fund widen.
Tesla Model 3 to go into production in 2017: CEO Musk
HAWTHORNE, California (Reuters) – Tesla Motors gave a sneak preview Thursday of its $35,000 electric car that is critical to the Silicon Valley auto maker’s growth plans and soaring stock value.
Exclusive: Anbang partner says Starwood bid was dropped to avoid long battle
BEIJING (Reuters) – China’s Anbang Insurance Group Co walked away from its planned $14 billion offer for Starwood Hotels & Resorts Worldwide Inc to avoid a protracted bidding war, one of the Chinese insurer’s consortium partners said on Friday.
