Roku connects with investors in debut shares soar over 67 percent Roku connects with investors in debut shares soar over 67 percent: Shares of video streaming firm Roku Inc (ROKU.O) rose more than 67 percent in their market debut on Thursday, giving the U.S. IPO market a much-needed shot in […]
S&P ekes out record on healthcare gains tax plan hopes S&P ekes out record on healthcare gains tax plan hopes: Wall Street edged higher on Thursday, as the S&P 500 eked out a record on gains in McDonald’s and healthcare names, while investors continued to hope President Donald Trump will […]
Dollar rally falters global stocks rise with taxes in focus Dollar rally falters, global stocks rise with taxes in focus: The U.S. dollar weakened on Thursday after a recent rally while stocks globally rose modestly as investors digested U.S. economic data and prospects for a U.S. tax reform plan proposed […]
U.S. economy accelerates in second quarter hurricanes expected to slow growth U.S. economy accelerates in second quarter; hurricanes expected to slow growth: The U.S. economy expanded a bit faster than previously estimated in the second quarter, recording its quickest rate of growth in more than two years, but the momentum […]
Britain warns Boeing it might miss out on business over Bombardier row Britain warns Boeing it might miss out on business over Bombardier row: Britain told U.S. planemaker Boeing on Wednesday that it could lose out on future British defense contracts because of its dispute with Canadian rival Bombardier which […]
U.S. slaps steep duties on Bombardier jets after Boeing complaint U.S. slaps steep duties on Bombardier jets after Boeing complaint: The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc’s CSeries jets after rival Boeing Co accused Canada of unfairly subsidizing the aircraft, a move likely to […]
Bombardier overshadows NAFTA talks as Quebec Bombardier overshadows NAFTA talks as Quebec, Britain threaten retaliation: Stiff U.S. duties imposed on Bombardier Inc’s (BBDb.TO) CSeries jet sparked retaliation threats from Britain and Canada’s Quebec province on Wednesday as the dispute, which may affect thousands of jobs, overshadowed North American trade talks. […]
Facebook’s Zuckerberg defends company after critical Trump tweet Facebook’s Zuckerberg defends company after critical Trump tweet: Facebook Inc’s (FB.O) CEO Mark Zuckerberg on Wednesday defended his company’s role in U.S. elections and rejected assertions in a tweet from U.S. President Donald Trump that the social network was against him. Zuckerberg […]
Facebook, Google, Twitter asked to testify on Russian meddling Facebook, Google, Twitter asked to testify on Russian meddling: Executives from Facebook, Alphabet Inc’s Google and Twitter have been asked to testify to the U.S. Congress in coming weeks as lawmakers probe Russia’s alleged interference in the 2016 U.S. election, committee […]
Fed’s Yellen says gradual hikes should continue despite weak inflation The Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation, Fed Chair Janet Yellen said on Tuesday in remarks that acknowledged the central bank’s struggles to forecast one of its key policy objectives. […]
