Wall Street posts gains for fourth week; ends flat for day
NEW YORK (Reuters) – U.S. stocks posted a fourth straight week of increases but ended Friday little changed as losses in healthcare shares offset gains in energy.
Google Glass future clouded as some early believers lose faith
SAN FRANCISCO (Reuters) – After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-c…
Wall St posts gains for fourth week; ends flat for day
NEW YORK (Reuters) – U.S. stocks posted a fourth straight week of increases but ended Friday little changed as losses in healthcare shares offset gains in energy.
Virgin America soars in market debut
(Reuters) – Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared more than 30 percent in their market debut, underscoring the buoyant mood in an industry that is emerging from a long spell of turbulence.
Wall Street Week Ahead: Restaurants’ uptick offers hope for consumer discretionaries
NEW YORK (Reuters) – An improving U.S. economy has failed to galvanize the consumer discretionary sector so far this year, but a recent rally in restaurant stocks as the holidays approach could herald happier days ahead for other retailers.
Google Glass future clouded as some early believers lose faith
SAN FRANCISCO (Reuters) – After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-c…
U.S. court affirms SEC stance on withholding Wall Street arbitration records
(Reuters) – The U.S. Securities and Exchange Commission does not have to release records about its supervision of Wall Street’s arbitration process to a group of investors’ lawyers, a federal appeals court ruled on Friday.
U.S. data points to strong spending ahead of holiday shopping frenzy
WASHINGTON (Reuters) – Most U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace.
Porsche SE faces more legal risks from botched VW takeover
FRANKFURT (Reuters) – Porsche SE has warned shareholders it could be forced to return “economic benefits” from a failed takeover of Volkswagen AG if former board members are convicted, the company’s quarterly report said.
France wants former Peugeot chief Varin as Areva chairman
PARIS (Reuters) – The French government wants Philippe Varin, former head of PSA Peugeot Citroen , to take over as chairman of the board at state-owned nuclear group Areva , a source at the economics ministry said.
