Amazon says studio executive Joe Lewis resigns Amazon says studio executive Joe Lewis resigns: Amazon.com Inc on Monday said Joe Lewis, the head of comedy and drama at its entertainment studio unit, has stepped down, but gave no reason for his resignation. Amazon said Sharon Tal Yguado, who is the […]
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Billions in tax breaks offered to Amazon for second headquarters Billions in tax breaks offered to Amazon for second headquarters: Elected officials are eager for the $5 billion-plus investment by Amazon and up to 50,000 new jobs that will come with “HQ2.” For its second campus, Amazon wants a metropolitan […]
Japan shares at two-decade top, yen near three-month low as Abe wins Japan shares at two-decade top, yen near three-month low as Abe wins: The U.S. dollar was the major beneficiary as President Donald Trump and Republicans took a small step toward tax cuts, boosting Wall Street stocks and lifting […]
U.S. Midwest oil refiners boost output U.S. Midwest oil refiners boost output cut region’s dependence on Gulf Coast: Since the early 2000s, crude and fuel flows from the Gulf Coast into the U.S. heartland have been cut in half, as crude coming from Canada and North Dakota has pushed U.S. […]
Henkel may make U.S. acquisitions Henkel may make U.S. acquisitions: CEO in newspaper: “If there are opportunities for acquisitions, we will take a look at whether they are a good fit in terms of strategy and price. In the United States we are for instance not yet a leading seller […]
Oil elevated as Iraq tensions escalate Asian shares hold firm Oil elevated as Iraq tensions escalate Asian shares hold firm: Short-term U.S. bond yields and interest rates jumped after a report U.S. President Donald Trump favored Stanford economist John Taylor to head the Federal Reserve. Japan’s Nikkei .N225 rose 0.4 […]
Kobe Steel shares tumble to near five-year low as cheating crisis deepens Kobe Steel shares tumble to near five-year low as cheating crisis deepens: Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese steelmaker ensnared […]
Bombardier exploring options for aerospace businesse Bombardier exploring options for aerospace businesses: Canadian train-and-plane maker Bombardier Inc (BBDb.TO) is exploring options for its aerospace businesses, including a sale of some operations, Bloomberg reported on Sunday. The company is considering disposal of assets including its Q400 turboprop and CRJ regional-jet unit, […]
Kroger exploring sale of convenience stores shares rise Kroger exploring sale of convenience stores shares rise: Kroger Co (KR.N) said on Wednesday it was exploring the sale of its nearly 800 convenience stores as the No. 1 U.S. supermarket operator strengthens its online businesses in a market share war that […]
Oil prices settle up on demand forecasts Kurdistan tensions Oil prices settle up on demand forecasts Kurdistan tensions: Oil prices rose for the third day on Wednesday as OPEC forecast higher demand for 2018 and heightened tensions in Kurdistan supported prices. Brent crude futures LCOc1 rose 33 cents, or 0.6 […]
