NY jury finds ex-Goldman programer Aleynikov guilty of code theft
NEW YORK (Reuters) – A jury on Friday convicted a former Goldman Sachs Group Inc programer of stealing the investment bank’s high-frequency trading code.
LinkedIn follows Twitter, shocks social media investors
(Reuters) – Another day, another shock for investors in social media stocks.
U.S. consumer sentiment up in April from prior month
NEW YORK (Reuters) – U.S. consumer sentiment in April rose versus the prior month to its highest level since January, but was slightly below analyst expectations for a final reading, a survey released on Friday showed.
Mester says June ‘on the table’ for possible Fed rate hike
PHILADELPHIA (Reuters) – The Federal Reserve is getting close to the appropriate time to raise interest rates and all scheduled policy meetings, including one in June, are “on the table” for a move, a top Fed official said on Friday.
Ford expands door latch recall to 156,000 more vehicles
(Reuters) – Ford Motor Co said it was expanding a recall to include 156,000 more vehicles to fix a potential door latch malfunction.
U.S. construction spending hits six-month low in March
WASHINGTON, (Reuters) – U.S. construction spending fell in March to a six-month low as outlays on private residential construction spending declined sharply, which could add to concerns about the economy’s ability to rebound strongly from the first-qua…
U.S. manufacturing growth holds at low level in April, employment shrinks: ISM
NEW YORK (Reuters) – The pace of U.S. manufacturing growth held at its slowest in almost two years in April, as a rebound in new orders was offset by employment shrinking to its lowest level in more than five years, according to an industry report rele…
VW workers back new board members after Piech exit
FRANKFURT (Reuters) – Volkswagen’s works council has backed the carmaker’s choice of two new supervisory board members, appointments reportedly opposed by newly departed Chairman Ferdinand Piech.
Exclusive: Siemens to keep most underperforming divisions – source
FRANKFURT/MUNICH (Reuters) – German industrial firm Siemens plans to keep most of its 13 underperforming businesses for now and will try to sell a handful of “marginal” operations, a source with direct knowledge of the matter told Reuters.
Oil retreats off 2015 highs, Iraq exports hit record
LONDON (Reuters) – Oil prices edged lower on Friday, easing off 2015 highs after Iraq said its crude oil exports hit a record in April, keeping Middle East production well above demand.
