Twitter tops Wall Street revenue target, user growth slows
SAN FRANCISCO (Reuters) – Twitter Inc said on Thursday the social media company is signing up users as quickly as most of last year after a fourth-quarter slowdown, boosting its shares 11 percent.
Hyundai Motor family sold $1.1 billion stake in affiliate: sources
SEOUL (Reuters) – The chairman of Hyundai Motor Co and his son successfully sold their entire 13 percent stake in shipping and logistics affiliate Hyundai Glovis Co Ltd offered in a block deal worth about 1.16 trillion Korean won ($1.07 billion), two p…
Exclusive: GM will build Chevy Bolt in Michigan in late 2016 – sources
DETROIT (Reuters) – General Motors Co plans to begin building the Chevrolet Bolt, its all-new $30,000 electric car, in October 2016 at an underused small-car plant north of Detroit, two supplier sources said.
Hiring business drives LinkedIn revenue beat
(Reuters) – Corporate networking site LinkedIn Corp reported a higher-than-expected 44 percent jump in quarterly revenue as more business used its services to assess candidates for employment.
U.S. airlines urge government to modify some air treaties: WSJ
(Reuters) – Chief executives of the three largest U.S. airlines said they want the U.S. government to modify or terminate air treaties with two Perisan Gulf nations, the Wall Street Journal reported.
Pfizer to buy Hospira for $15 billion to bolster hospital products
(Reuters) – Pfizer Inc said it would buy Hospira Inc for about $15 billion to boost its portfolio of generic injectable drugs and copies of biotech medicines.
News Corp posts 1.9 percent rise in revenue
(Reuters) – News Corp , which publishes the New York Post, reported a 1.9 percent rise in quarterly revenue, helped by its book publishing and real estate businesses.
Oil up over 4 percent on Libya raid, China easing; volatility seen
NEW YORK (Reuters) – Crude prices closed up more than 4 percent on Thursday as rising violence in producer Libya and an expected boost in oil demand from China’s central bank easing helped the market rebound from a sharp rout in the previous session.
Greek, German ministers clash as ECB snub hits Athens’ banks
ATHENS/BERLIN (Reuters) – Greece’s new leftist finance minister clashed openly with his powerful German counterpart on Thursday as Athens’ borrowing costs leapt and bank shares plunged following the European Central Bank’s decision to stop funding the …
For blue-collar America, staffing firms see meager wage gains
WASHINGTON (Reuters) – America’s vast staffing industry knows it’s time to jack up wages when it becomes difficult to find enough workers. That isn’t happening yet for many blue-collar jobs, indicating there’s still slack in the labor force, top firms …
