Facebook shares surge as mobile ads click
(Reuters) – Facebook Inc’s shares rose as much as 17 percent to a life-high after the company’s resounding revenue growth underscored CEO Mark Zuckerberg’s success in selling ad space on the social network’s mobile app.
To sell more, BofA turns to existing clients
(Reuters) – Bank of America Corp is trying to solve one of the most difficult problems that big banks face: convincing reluctant employees to sell more products to current customers, who are themselves reluctant to buy them.
Ford to boost large truck production at Kentucky plant
DETROIT (Reuters) – Ford Motor Co is spending $80 million to boost production of large pickups and SUVs this year at its Louisville truck plant, the U.S. automaker said Thursday.
3M revenue growth slows, misses Wall Street target
(Reuters) – Diversified manufacturer 3M Co reported lower-than-expected quarterly sales on Thursday, hurt by declines in its consumer business and slowing growth in Latin America.
JetBlue says it acquires slots at Reagan National Airport
(Reuters) – JetBlue Airways said on Thursday it won takeoff and landing rights at Reagan National Airport near Washington that American Airlines Group was required to shed under an agreement with the U.S. government.
MasterCard suffers setback in fight to keep fees
LUXEMBOURG (Reuters) – MasterCard’s five-year battle to keep multi-billion-euro cross-border card fees was dealt a blow on Thursday when an adviser to Europe’s top court backed efforts to reduce such charges.
Jobless claims rise more than expected
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend suggested the labor market continued to heal.
Time Warner Cable lays out operating plan as it fends off takeover
(Reuters) – Time Warner Cable Inc, which recently rejected a takeover offer from Charter Communications Inc, posted better-than-expected quarterly results on Thursday and said it aims to boosts its cash flow while also investing more in its technology …
Colgate-Palmolive profit beats estimates due to cost cuts
(Reuters) – Colgate-Palmolive Co , the world’s largest toothpaste maker, reported a better-than-expected quarterly profit as cost cuts helped the company offset the negative impact of a stronger dollar.
Visa profit beats Street on increased use of cards
(Reuters) – Visa Inc , the world’s largest credit and debit card company, reported a better-than-expected 9 percent rise in quarterly profit as more people used cards instead of cash to make payments.
