Apple’s blockbuster quarter eases doubts about growth
(Reuters) – Apple Inc’s blowout second quarter, coming after record iPhone sales in the holiday shopping season, laid to rest doubts that the company could sustain its scorching pace of growth.
Icahn says Apple still undervalued
(Reuters) – Apple Inc remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday.
U.S. homeownership dips, but household formation rises
WASHINGTON (Reuters) – U.S. homeownership slipped to a 25-year low in the first quarter, but sustained strong gains in the pace at which Americans are setting up homes supported the view that the housing sector will boost economic growth this year.
Deutsche Bank co-CEO Fitschen goes on trial in Kirch case
MUNICH (Reuters) – Deutsche Bank co-CEO Juergen Fitschen went on trial on Tuesday accused of giving misleading evidence in connection with the 2002 collapse of the Kirch media empire, a case that could prove a distraction for the bank as it presses ahe…
Tyson Foods to end use of human antibiotics in U.S. chickens by 2017
CHICAGO (Reuters) – Tyson Foods Inc , the largest U.S. poultry producer, plans to eliminate use of human antibiotics in its chicken flocks by September 2017, one of the most aggressive timetables yet set by an American poultry company.
Tsipras presses for May debt deal, threatens referendum
ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors within two weeks, after shaking up his negotiating team and sidelining his finance minister who has infuriated euro …
Talks on EU-U.S. trade deal to stretch into 2016: EU says
BERLIN (Reuters) – Talks between the European Union and United States on a transatlantic trade accord will stretch into 2016, the EU’s chief negotiator said on Tuesday, adding that the discussions were about to enter a “more difficult” and “intense” st…
‘Flash crash’ accused trader due back in court after failing to raise bail
LONDON (Reuters) – Navinder Sarao, the British trader accused of helping provoke the 2010 Wall Street “flash crash”, is due to appear in a London court on Wednesday after failing to raise the bail needed to secure his release from custody, a court offi…
U.S. home prices rise in February: S&P/Case-Shiller
NEW YORK (Reuters) – U.S. single-family home prices rose in February from a year earlier, led by strong increases in the western half of the United States, a closely watched survey said on Tuesday.
U.S. consumer confidence sinks in April
NEW YORK (Reuters) – U.S. consumer confidence unexpectedly slumped in April, according to a private sector report released on Tuesday.
