U.S. February auto sales jump 7 percent, no slowdown yet
DETROIT (Reuters) – U.S. February auto sales soared to a 15-year high for the month, carmakers reported on Tuesday, in the latest sign of continued consumer confidence.
Former Starbucks COO Alstead to not return from extended leave
(Reuters) – Starbucks Corp said on Tuesday former Chief Operating Officer Troy Alstead would not return from his extended unpaid leave.
Wall Street chalks up strongest day in a month
(Reuters) – Wall Street enjoyed its strongest session in a month on Tuesday, led by financial and technology stocks after encouraging U.S. factory and construction data suggested the world’s biggest economy was regaining momentum.
DreamWorks interested in Viacom’s Paramount Pictures: CEO
(Reuters) – Hollywood studio DreamWorks Animation SKG Inc would be interested in a merger with Viacom Inc’s Paramount Pictures, the company’s chief executive said on Tuesday.
U.S. factory, construction data bolster growth prospects
WASHINGTON (Reuters) – U.S. manufacturing appeared to stabilize in February, with production accelerating and new orders holding steady at higher levels, in another dose of good news for the economy after growth slowed in the fourth quarter.
Wall Street’s big short: President Donald J. Trump
NEW YORK (Reuters) – Add the juggernaut that is Donald J. Trump to the list of what-ifs that is worrying Wall Street.
‘Bond King’ Gross: I did not quit Pimco
(Reuters) – Bond fund manager Bill Gross on Tuesday accused Pacific Investment Management Co of falsely claiming he suddenly decided to abandon the firm he co-founded in an effort to win dismissal of his $200 million breach-of-contract lawsuit.
NYSE owner ICE may gatecrash Deutsche Boerse-LSE merger
(Reuters) – New York Stock Exchange owner ICE said it may make a rival bid for London Stock Exchange , raising the prospect of a takeover battle with Deutsche Boerse and lifting LSE shares to a record high on Tuesday.
McLaren Automotive could triple car production by 2022: CEO
GENEVA (Reuters) – McLaren Automotive, which only began building its range of luxury sports cars for general sale in 2010, could triple volumes to up to 5,000 cars by 2022, its CEO told Reuters on Tuesday.
Fiat Chrysler CEO says not in tie-up talks at present
GENEVA (Reuters) – Fiat Chrysler Automobiles (FCA) is not in tie-up talks with anyone at present, and a potential partner would need to have the same multi-brand strategy as FCA for a merger to work, Chief Executive Sergio Marchionne said on Tuesday.
