Chesapeake Energy has loss, sees more output
(Reuters) – Chesapeake Energy Corp on Wednesday raised its oil and gas production forecast for the year even as the second largest U.S. producer of natural gas reported a quarterly loss related to lower commodity prices.
Accused ‘flash crash’ trader tells UK court: ‘I did nothing wrong’
LONDON (Reuters) – The British trader fighting extradition to the United States on charges of having contributed to the 2010 “flash crash” on Wall Street told a London court on Wednesday he had done nothing wrong and was just good at his job.
Bond rout rattles all assets
LONDON (Reuters) – A worldwide selloff in government bonds deepened on Wednesday, with the rise in yields to their highest level this year spreading unease across all asset classes and putting stock markets around the world under pressure.
Facebook’s Sandberg speaks at husband’s memorial
STANFORD, Calif (Reuters) – Facebook Inc Chief Operating Officer Sheryl Sandberg re-emerged in public on Tuesday after the accidental death of her husband last week, offering a personal tribute to him in a Silicon Valley memorial service and on her Fac…
Daimler says Nevada license to help self-drive trucks gain traction
LAS VEGAS (Reuters) – Daimler has been granted a license by the U.S. state of Nevada to test self-driving trucks on public roads, as the United States and Europe race to establish a regulatory framework for autonomous vehicles.
ECB set to decide on increasing Greek bank lifeline
FRANKFURT (Reuters) – The European Central Bank’s Governing Council on Wednesday may nudge up the amount of Emergency Liquidity Assistance teetering Greek banks can borrow, as Athens struggles to avert a potentially catastrophic funding crunch.
Apple’s Beats Music deals under U.S. scrutiny: Bloomberg
(Reuters) – Apple Inc’s move to line up deals with record labels is under U.S. antitrust scrutiny as the iphone maker prepares to debut a new version of the Beats Music streaming service, Bloomberg reported, citing people familiar with the matter.
Facebook’s Sandberg emerges to speak at husband’s memorial
STANFORD, Calif (Reuters) – Facebook Inc Chief Operating Officer Sheryl Sandberg re-emerged in public on Tuesday after the accidental death of her husband last week, telling a Silicon Valley memorial service about his effortless compassion and selfless…
Wall St. ends lower on weak trade data; investors eye Fed
(Reuters) – U.S. stocks finished sharply lower on Tuesday after a surprisingly wide March U.S. trade deficit raised concerns that the economy shrank in the first quarter.
Salesforce shares spike on report of Microsoft evaluating bid
(Reuters) – Shares of Salesforce.com Inc jumped as much as 6.4 percent on Tuesday after a Bloomberg report that Microsoft Corp was evaluating a bid for the cloud software provider.
