Business News - The Last 24 Hours

Canada sees progress on NAFTA auto rules; steel tariffs loom
Reuters - 1 hour 3 min ago
WASHINGTON (Reuters) - Canadian Foreign Minister Chrystia Freeland said on Wednesday that good progress has been made at the NAFTA trade talks on the key issue of auto rules, though the threat of proposed U.S. steel and aluminum tariffs coming into force next week clouded the mood.

RELATED:

Reuters - Steel, sunset clause cloud NAFTA talks, as ministers press for deal - 4 hours 38 min ago

CNBC - Trump made dairy access a big issue, but NAFTA 2.0 may bring only 'marginal' concessions from Canada - 12 hours 7 min ago

Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid
Reuters - 1 hour 24 min ago
TOKYO (Reuters) - Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in U.S. bond yields, while the dollar hovered near three-month highs against a basket of currencies.

RELATED:

Reuters - Wall Street ekes out small gain as earnings offset cost worries - 4 hours 47 min ago

CNBC - Ford to report earnings after the bell — here's what Wall Street expects - 6 hours 50 min ago

New York Times - Twitter, Tech Stocks Hit as Wall Street Turns Lower - 11 hours 30 min ago

COMMENTARY:

The Japan Times - U.S. probing Huawei for possible Iran sanctions violations: Wall Street Journal - 1 hour 37 min ago

BusinessInsider - What you need to know on Wall Street today - 9 hours 8 min ago

Fox Business - Global stocks slip following sell-off on Wall Street - 17 hours 36 min ago

NY Post - Earnings thud may mark end of high times on Wall Street - 23 hours 17 min ago

VIDEO:

CNBC Video - It's Wall Street vs. the White House right now and the forecast is pain, says Jim Cramer - 13 hours 3 min ago

Australian Government Dumps Planned Tax Hike From May Budget
Bloomberg - 1 hour 52 min ago
Malcolm Turnbull’s government is dumping a planned tax hike, giving a clear signal it will use next month’s budget to offer relief to Australians ahead of an election due next year.

RELATED:

Bloomberg - Trump Tax Revamp Threatens to Make Gas Pipelines Pay $18.5 Billion - 6 hours 40 min ago

Indiatimes - Videocon loan case: Tax department issues fresh notice to Deepak Kochhar - 10 hours 38 min ago

COMMENTARY:

Fox Business - Tax Deductions vs. Tax Credits: What's the Difference, and Why Does It Matter? - 6 hours 35 min ago

The Guardian - From Seattle to Luxembourg: how tax schemes shaped Amazon - 11 hours 6 min ago

Washington Post - You can find properties before they go into tax sales and foreclosure, but should you want to? - 12 hours 37 min ago

Kiplinger - Rent? Own? Single? Children? 4 Case Studies Show How New Tax Law Could Affect You - 13 hours 20 min ago

Zero Hedge - Dow Jumps After Boeing Smashes Earnings: Guides Higher As Tax Rate Tumbles - 13 hours 58 min ago

LA Times - Republicans ready to turn in signatures for ballot measure to repeal California gas-tax increase - 19 hours 5 min ago

VIDEO:

CNBC Video - Rep. Gottheimer: Outrageous the tax bill is adding $1.5 trillion to deficit - 7 hours 52 min ago

Qualcomm chip sales indicate some smartphone strength
Reuters - 2 hours 12 min ago
(Reuters) - U.S. chipmaker Qualcomm Inc's quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers.

RELATED:

Reuters - Qualcomm profit tops estimates on higher modem chip sales - 5 hours 9 min ago

COMMENTARY:

Zacks - Rockwell Automation (ROK) Q2 Earnings Beat, Sales Miss - 14 hours 36 min ago

Fox Business - GM earnings under pressure as sales cool off - 21 hours 30 min ago

VIDEO:

Reuters Video - Gucci fuels booming sales at luxury firm Kering - 12 hours 52 min ago

Facebook posts profits despite data scandal
Deutsche Welle - 2 hours 45 min ago
Facebook's CEO Mark Zuckerberg can hit the "like" button when it comes to his company's earnings: revenue is up significantly, as are average user numbers — good news for Facebook after the Cambridge Analytica scandal.

RELATED:

CNBC - Facebook's cash hoard has more than doubled in two years - 4 hours 36 min ago

Reuters - Facebook's rise in profits, users shows resilience after scandals - 4 hours 59 min ago

New York Times - Facebook’s Privacy Scandal Appears to Have Little Effect on Its Bottom Line - 5 hours 24 min ago

BBC - Facebook sales soar 'despite challenges' - 5 hours 28 min ago

Indiatimes - Government sends second notice to Facebook, CA; seeks response by May 10 - 14 hours 38 min ago

Deutsche Welle - Shall I stay or shall I go now? The Facebook conundrum - 19 hours 35 min ago

COMMENTARY:

Washington Post - Facebook Finds It Harder to Get More People to Log On: Gadfly - 2 hours 37 min ago

NY Post - Facebook’s quarterly results easily beat expectations - 3 hours 56 min ago

TechCrunch - Facebook warns GDPR could flatten or reduce European user count - 4 hours 42 min ago

LA Times - Facebook financial results shine amid data privacy scandal - 5 hours 18 min ago

BusinessInsider - Facebook is launching a huge advertising blitz promising it will fix all its scandals - 6 hours 45 min ago

24/7 Wall St. - What to Expect When Facebook Reports After the Close - 10 hours 27 min ago

Fox Business - Facebook launches transparency tool before Irish referendum - 11 hours 53 min ago

Zacks - E-Trade Financial, QAD, Amazon, General Motors and Facebook as Zacks Bull and Bear of the Day - 12 hours 15 min ago

VIDEO:

CNBC Video - For Facebook, it is all about 'user experience': Exponential ETFs - 2 hours 53 min ago

Ford accelerates cost-cutting plan, will drop most U.S. sedans
Reuters - 2 hours 50 min ago
DETROIT (Reuters) - Ford Motor Co on Wednesday outlined a plan to cut costs and boost profit margins at a faster pace than previously announced, which includes dropping traditional sedan models in North America that have become increasingly unpopular with consumers.

RELATED:

Reuters - Ford targets higher margins faster, to drop unpopular cars - 5 hours 16 min ago

COMMENTARY:

Zacks - Ford Shares Rise on Earnings Beat, Cuts to Capital Spending - 4 hours 9 min ago

May Had Secret Brexit Showdown With Tories Who Want Clean Break
Bloomberg - 4 hours 9 sec ago
Brexit-backing Conservatives held private talks with Theresa May to demand that the U.K. prime minister sticks to her plan for a clean break with the European Union.

RELATED:

Bloomberg - Brexit, Security and Rule of Law to Come Into Focus in EU Budget - 10 hours 8 min ago

COMMENTARY:

The Guardian - UK car production falls on Brexit fears and diesel sales slump - 3 hours 7 min ago

BusinessInsider - David Davis says the UK could delay Brexit to avoid a crashing out with no deal - 15 hours 43 min ago

Vincent Bolloré, French Billionaire, Faces a Rare Corruption Inquiry
New York Times - 4 hours 17 min ago
Mr. Bolloré, called the “King of Africa” for his business dealings there, faces allegations of bribing politicians in exchange for contracts.

Indiatimes - Some Indian firms acknowledge widespread bribery, corruption in businesses: EY survey - 9 hours 7 min ago

COMMENTARY:

Fox Business - French billionaire Bollore charged in Africa corruption case - 6 hours 29 min ago

Trump, top aides talk trade with Apple CEO Cook at White House
Reuters - 4 hours 54 min ago
WASHINGTON (Reuters) - President Donald Trump and two top aides talked about trade issues with Apple Inc chief Tim Cook on Wednesday as the White House prepares to try to avert a trade war with China, a manufacturing hub for the iPhone maker.

RELATED:

CNBC - US pecan growers are using the potential trade war to sell more nuts - 10 hours 8 min ago

Reuters - China carmaker GAC says trade war could hurt plans to enter U.S. market - 21 hours 26 min ago

COMMENTARY:

Zero Hedge - As Trade War Escalates, China Fears Being "Outflanked" By US In North Korea - 5 hours 23 min ago

SCMP - Home-grown tech and domestic spend are key to China’s battle plan for trade war, leadership indicates - 21 hours 59 min ago

VIDEO:

Reuters Video - Car makers brush off fears of trade war at Beijing show - 7 hours 47 min ago

CNBC Video - Potential trade war talk at China auto show - 15 hours 39 min ago

AMD stock jumps after chipmaker's earnings top estimates
CNBC - 5 hours 27 min ago
Chipmaker AMD beat analysts' estimates across the board.

COMMENTARY:

Zacks - Insure Your Portfolio with 4 Stocks Set to Beat Q1 Earnings - 3 hours 37 min ago

Washington Post - AT&T’s Earnings Have A Different Feel Without a Deal: Gadfly - 4 hours 37 min ago

24/7 Wall St. - How Ford Earnings Soothed Investors - 5 hours 6 min ago

Fox Business - Ford promises more savings as 1Q earnings rise 9 percent - 5 hours 9 min ago

Zero Hedge - Facebook Surges After Blowout Earnings, Buyback Boost: "Nothing That Was Feared, Happened" - 5 hours 19 min ago

BusinessInsider - Chipotle surges after beating on earnings and announcing it's buying back more stock (CMG) - 5 hours 28 min ago

VIDEO:

Reuters Video - Facebook delivers big earnings despite the challenges - 3 hours 15 min ago

CNBC Video - Market reactions have been muted despite 'terrific' earnings: Strategist - 3 hours 57 min ago

Breakingviews: Investors Bet That Fox and Disney Will Toss Financial Sense Aside
New York Times - 5 hours 46 min ago
The merger partners will struggle to match Comcast’s offer for Sky, but Disney might conclude it’s crucial to its expansion and Rupert Murdoch will be reluctant to part with a company he spent decades building.

RELATED:

New York Times - Smoking Is Off Limits at Disney. What Will That Mean With Fox in the Fold? - 7 hours 42 min ago

COMMENTARY:

24/7 Wall St. - Boeing, Disney Bolster the Dow Wednesday - 6 hours 6 min ago

Fox Business - How the Avengers Saved Disney's Movie Business - 15 hours 50 min ago

VIDEO:

CNBC Video - Sky is more valuable to Comcast than Disney, says former NBC cable pres. - 10 hours 49 min ago

Facebook quarterly profit, revenue beat estimates
Reuters - 5 hours 47 min ago
(Reuters) - Facebook Inc's quarterly profit and revenue beat analysts' estimates on Wednesday, as the social media company's mobile ad business grew on a major push to add more video content.

RELATED:

Reuters - Boeing beats profit estimates, margins rise - 14 hours 16 min ago

New York Times - Twitter Stays on an Upswing, With Second Straight Quarter of Profit - 14 hours 17 min ago

COMMENTARY:

LA Times - Paramount Pictures is doing better: It turned a teeny profit in Viacom's most recent quarter - 9 hours 38 min ago

NY Post - Viacom’s Paramount returns to profitability - 11 hours 38 min ago

The Guardian - Twitter reports profit for second quarter in a row and adds 6m new users - 11 hours 55 min ago

BusinessInsider - Twitter is whipsawing after posting its 2nd-ever quarterly profit (TWTR) - 13 hours 40 min ago

VIDEO:

Reuters Video - AT&T's first-quarter profit rises 33 percent - 4 hours 6 min ago

Qualcomm's quarterly profit falls 51.5 percent
Reuters - 5 hours 58 min ago
(Reuters) - Qualcomm Inc's quarterly profit fell 51.5 percent due to higher costs and as the chipmaker sold fewer modem semiconductors used in mobile phones.

RELATED:

CNBC - Qualcomm earnings expected after the market close - 6 hours 56 min ago

COMMENTARY:

Zacks - Qualcomm (QCOM) Tops Earnings Estimates, Posts In-Range Guidance - 4 hours 42 min ago

TechCrunch - Qualcomm delivers a better-than-expected second quarter amid its chaotic year - 5 hours 35 min ago

VIDEO:

CNBC Video - Qualcomm beats on bottom line - 6 hours 4 min ago

Boeing plans to build 767s faster as air freight market rebounds
CNBC - 6 hours 39 min ago
Boeing said strong freight demand is driving up a need for its freighter airplanes.

Reuters - Boeing cruises past forecasts, sees no sign of cost trouble - 8 hours 36 min ago

COMMENTARY:

Fox Business - Boeing stock soars on earnings, lifting Dow - 4 hours 27 min ago

Zero Hedge - Boeing Bounce Saves Stocks But Bond Bloodbath Continues - 6 hours 7 min ago

Zacks - Boeing (BA) Beats on Earnings in Q1, Hikes '18 EPS View - 11 hours 4 min ago

24/7 Wall St. - How Boeing Crushed Earnings Estimates, Lifted Guidance - 13 hours 38 min ago

BusinessInsider - Boeing beats on earnings and raises its full-year forecast (BA) - 13 hours 41 min ago

VIDEO:

CNBC Video - Apple, Wendy's, Boeing, Ford & ExxonMobil - 7 hours 49 min ago

Reuters Video - Boeing lifts forecasts as margins grow - 10 hours 38 min ago

Trump and Apple CEO Cook meet at White House with trade the focus
Reuters - 6 hours 55 min ago
WASHINGTON (Reuters) - President Donald Trump met with Apple Inc Chief Executive Officer Tim Cook on Wednesday to discuss trade issues as the technology industry grapples with a U.S. spat over import tariffs with China, a manufacturing hub for the iPhone maker and other companies.

Reuters - Trump, Apple CEO Cook to talk trade at White House - 11 hours 25 min ago

Indiatimes - IPhone manufacturers’ slowing sales are a bad omen for Apple - 23 hours 8 min ago

COMMENTARY:

The Japan Times - Trade believed key topic as Trump and Apple CEO Tim Cook meet at White House - 1 hour 37 min ago

BusinessInsider - Apple made a controversial change in 2016 — but now all of Silicon Valley is playing catch-up (AAPL, FB, GOOG, GOOGL) - 3 hours 15 min ago

TechCrunch - Apple TV and Android see increase in streaming video viewership in Q1 - 9 hours 19 min ago

VIDEO:

CNBC Video - Apple CEO Tim Cook arrive at the White House - 10 hours 35 min ago

NYSE glitch forces Amazon and Alphabet traders elsewhere
Indiatimes - 7 hours 8 min ago
The exchange, which is owned by Intercontinental Exchange Inc, said the suspension was due to a "price scale code" issue and any open orders in those securities would be canceled.

RELATED:

CNBC - NYSE suspends trading in Amazon, Alphabet due to pricing issue - 9 hours 23 min ago

COMMENTARY:

NY Post - NYSE glitch forces trading halt for Amazon, Alphabet - 5 hours 25 min ago

Zacks - Alphabet's Costs Up: Not Unusual for a Growth Stock - 5 hours 33 min ago

BusinessInsider - NYSE suspends trading of Amazon and Alphabet shares for the rest of the day due to pricing glitch (AMZN, GOOGL) - 8 hours 47 min ago

Zero Hedge - NYSE Suspends Trading Of Amazon, Alphabet For Rest Of Day - 9 hours 23 min ago

VIDEO:

CNBC Video - NYSE suspends trading in Amazon, Alphabet on floor because of issue with their $1,000 stock prices - 8 hours 2 min ago

Consumer Bureau Looks to End Public View of Complaints Database
New York Times - 7 hours 55 min ago
The Consumer Financial Protection Bureau might grant the banking industry’s wish to take offline a public database of complaints against the industry.

RELATED:

BBC - Viagogo faces legal action by consumer watchdog - 15 hours 30 min ago

COMMENTARY:

LA Times - CFPB's Mick Mulvaney gives lobbying advice to bankers, further infuriating consumer advocates - 4 hours 57 min ago

Zacks - Is PVH Stock Outpacing Its Consumer Discretionary Peers This Year? - 11 hours 24 min ago

The Guardian - Viagogo faces court for failing to protect UK consumers - 14 hours 29 min ago

VIDEO:

CNBC Video - FTC charges Lending Club with deceiving consumers, stock plunges - 8 hours 53 min ago

Chipotle rallies ahead of debut report from new CEO
Reuters - 8 hours 3 min ago
SAN FRANCISCO (Reuters) - Shares of Chipotle Mexican Grill rallied on Wednesday ahead of the company's first quarterly report under a new chief executive hired to turn around the struggling burrito chain.

CNBC - LendEDU CEO says survey spokesman was a fake - 9 hours 58 min ago

Reuters - Hostile takeover? Daimler CEO says no fears about Chinese magnate Li Shufu - 18 hours 15 min ago

COMMENTARY:

Fox Business - New Chipotle CEO plans menu 'tweaks,' and maybe drive-thrus - 3 hours 41 min ago

BusinessInsider - The 34-year-old CEO of Vimeo says what it takes to be a good leader is the opposite of what got her to the executive level - 11 hours 45 min ago

The Guardian - TSB crisis: CEO says online banking is 'up and running', but some users report problems - live updates - 19 hours 6 min ago

VIDEO:

CNBC Video - Sales are going to be down this year but it won't be because of mortgage rates, says Redfin CEO - 8 hours 18 min ago

Internet shutdown cost Indian economy $3 billion from 2012-17: Study
Indiatimes - 8 hours 8 min ago
The study observed impact of Internet shutdown across various devices and ecosystem linked to them.

RELATED:

Indiatimes - India tepid to Chinese plan for economic corridor through the Himalayas - 12 hours 7 min ago

Nasdaq open to cryptocurrency exchange in future, says CEO
Reuters - 9 hours 44 min ago
(Reuters) - Nasdaq Inc is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves, the head of the exchange operator said on Wednesday.

RELATED:

CNBC - Nasdaq is open to becoming cryptocurrency exchange, CEO says - 12 hours 32 min ago

Indiatimes - Tales from crypt: 2,500 duped of Rs 100 crore in cryptocurrency racket - 19 hours 38 min ago

COMMENTARY:

Zero Hedge - Crypto Billionaire Sued By VC Giant Sequoia Over Collapsed Funding Deal - 4 hours 22 min ago

BusinessInsider - The Winklevoss twins are teaming up with Nasdaq to sniff out bad actors on their cryptocurrency exchange - 14 hours 37 min ago

Washington Post - Why Some Cryptocurrencies Are Only for the Wealthy: QuickTake - 20 hours 37 min ago

VIDEO:

CNBC Video - What does the ethereum bug mean for your crypto? - 4 hours 46 min ago

Trump’s Gamble for Quick Trade Deal With China May be a Long Shot
Bloomberg - 10 hours 23 min ago
President Donald Trump is dispatching two of his top economic deputies to China in hopes of a quick deal on trade. They may find the reality on the ground more daunting.

RELATED:

Indiatimes - Keeping economy first: China urges Pakistan to keep tensions with India 'minimum' - 11 hours 7 min ago

CNBC - What Trump gets right about China and trade - 13 hours 39 min ago

COMMENTARY:

Fox Business - China says it welcomes visit by US officials amid trade spat - 17 hours 23 min ago

SCMP - China’s bonds emerge as the surprise sanctuary while the world’s debt market retreats - 22 hours 28 min ago

Comcast confirms $31 billion bid for Sky, sparking battle with Fox
Reuters - 10 hours 42 min ago
LONDON/NEW YORK (Reuters) - U.S. media group Comcast submitted a 22 billion pound($30.7 billion) bid for Sky on Wednesday, prompting the European pay TV group to drop its support for a lower offer from Rupert Murdoch's Twenty-First Century Fox .

RELATED:

Indiatimes - Strong 1st quarter from Comcast, and a $30B bid for Sky - 13 hours 7 min ago

New York Times - Comcast Starts Bidding War With 21st Century Fox for Sky - 14 hours 5 min ago

BBC - Sky receives £22bn formal takeover offer from Comcast - 15 hours 19 min ago

Reuters - Comcast offers $31 billion for Sky, going head-to-head with Fox - 15 hours 47 min ago

CNBC - Comcast formalizes its bid for British broadcaster Sky - 16 hours 6 min ago

COMMENTARY:

Fox Business - Edwards Lifesciences, General Dynamics slip; Comcast rises - 5 hours 24 min ago

Zacks - Comcast (CMCSA) Beats on Q1 Earnings, Submits Bid for Sky - 9 hours 34 min ago

Washington Post - What Comcast’s $31 billion offer for Sky tells us about the cable behemoth’s ambitions - 9 hours 37 min ago

NY Post - Comcast submits Sky offer, going head-to-head with Fox - 14 hours 30 min ago

BusinessInsider - NBC-owner Comcast gatecrashes Fox's takeover of Sky with a £22 billion bid - 15 hours 10 min ago

Zero Hedge - Comcast Launches Bidding War Against Fox With Rival £22BN Takeover Bid For Sky - 15 hours 50 min ago

The Guardian - Comcast launches rival £22bn Sky takeover bid - 16 hours 2 min ago

VIDEO:

CNBC Video - Comcast CEO: Sky fits well with mix of businesses - 10 hours 58 min ago

Reuters Video - Comcast goes head-to-head with Fox for Sky - 12 hours 25 min ago

Jeremy Siegel makes sense of why strong earnings are not driving stocks higher (like they should)
CNBC - 10 hours 48 min ago
The stock market is not getting its usual bounce from strong earnings because it had already priced them in late last year, the longtime bull says.

COMMENTARY:

Zacks - Here's a RED HOT Tamale in a Flat Stock Market - 7 hours 24 min ago

Washington Post - The Finance 202: Boeing's stock was the best bellwether of a trade war. Until yesterday. - 13 hours 37 min ago

BusinessInsider - A loud whistling noise halted trading on 7 global stock markets for several hours - 17 hours 10 min ago

VIDEO:

CNBC Video - Saudi stock market still has buoyant times ahead, says analyst - 22 hours 11 min ago

Why we trust Amazon with the keys to our cars
CNBC - 11 hours 4 min ago
The idea that we would grant Facebook and Google access to our homes and cars is ludicrous, says Prof. Timothy Carone.

Reuters - Amazon.com plays catch-up in Brazil as local rivals thrive - 20 hours 51 min ago

COMMENTARY:

Fox Business - Amazon.com's New Fire TV Set-Top Box Launch Appears Imminent - 3 hours 2 min ago

BusinessInsider - Jeff Bezos says he liquidates a whopping $1 billion of Amazon stock every year to pay for his rocket company Blue Origin - 3 hours 57 min ago

Washington Post - Amazon's Alexa will soon be teaching your child manners - 5 hours 37 min ago

Zacks - 5 Reasons to Buy Amazon (AMZN) Stock Ahead of Earnings - 9 hours 25 min ago

Zero Hedge - Jeff Bezos Booed By Amazon Workers - 10 hours 34 min ago

The Big Picture - 64% of American Households Have Amazon Prime - 15 hours 37 min ago

VIDEO:

CNBC Video - Amazon Alexa for kids - 7 hours 12 min ago

Bill Gates used to memorize the license plates of Microsoft employees to keep tabs on them
CNBC - 12 hours 19 min ago
He'd even prowl the parking lot on weekends.

COMMENTARY:

TechCrunch - How Microsoft helped imprison a man for ‘counterfeiting’ software it gives away for free - 2 hours 17 min ago

Zacks - Should You Buy Microsoft (MSFT) Stock Ahead of Earnings? - 7 hours 35 min ago

24/7 Wall St. - Microsoft Catches Amazon as Second Most Valuable Company - 15 hours 42 min ago

Dow futures erase losses after strong Boeing results
Reuters - 13 hours 3 min ago
(Reuters) - Dow Jones Industrial Average futures erased losses on Wednesday after Boeing reported strong results and forecast, but concerns about rising U.S. bond yields and corporate costs continued to weigh on U.S. stocks.

RELATED:

Reuters - Stock futures slip as U.S. yield holds above 3 percent - 13 hours 50 min ago

COMMENTARY:

SCMP - Hong Kong’s stock index futures up along with major Asian markets - 54 min 6 sec ago

Fox Business - Global stocks slide, futures point to weak Wall Street open - 13 hours 54 min ago

Zero Hedge - Futures Slide As 10Y Breaks Above 3%; Dollar Surge Resumes - 15 hours 1 min ago

Airbus, Dassault to develop new European fighter jet
Indiatimes - 13 hours 7 min ago
The new aircraft is slated at first to complement and then replace the Eurofighter and Rafale aircraft currently in use, between 2035 and 2040.

RELATED:

BBC - Airbus and Dassault join forces to build next fighter aircraft - 13 hours 48 min ago

Reuters - Rolls-Royce, Airbus to collaborate on new UltraFan engine - 14 hours 54 min ago

COMMENTARY:

BusinessInsider - Airbus is reportedly going to rename its newly acquired Bombardier C Series jet (BA) - 6 hours 39 sec ago

Washington Post - Boeing and Airbus, the new super duopoly - 9 hours 37 min ago

Fox Business - Airbus, Dassault to develop new European fighter jet - 14 hours 18 min ago

Comcast formally takes on Murdoch with £22bn Sky bid
Indiatimes - 13 hours 38 min ago
Comcast had already in February tabled an informal bid worth £22 billion ($30.7 billion or 25.1 billion euros).

RELATED:

Reuters - Sky pulls support for Murdoch bid as Comcast confirms offer - 14 hours 21 min ago

New York Times - DealBook Briefing: Comcast Seizes the Lead From Murdoch in the Race for Sky - 14 hours 29 min ago

VIDEO:

Reuters Video - Sky pulls support for Murdoch bid as Comcast confirms offer - 11 hours 30 min ago

GM may raise investment plan for South Korean unit: source
Reuters - 16 hours 1 min ago
SEOUL (Reuters) - General Motors Co and the South Korean government are considering raising the size of their investment in the U.S. automaker's South Korean subsidiary from a previously proposed $2.8 billion, a senior government official with direct knowledge of the matter said on Wednesday.

COMMENTARY:

The Japan Times - On heels of announcing the axing of 1,500, GM to add 700 U.S. jobs to plant building SUVs - 1 hour 37 min ago

Google overhauls Gmail to lure businesses away from Microsoft
Reuters - 18 hours 58 min ago
SAN FRANCISCO (Reuters) - Alphabet Inc's Google unveiled on Wednesday its first Gmail redesign since 2013, capping what the company says was an expensive overhaul two years in the making to adopt security and offline functionality and better resemble Microsoft Outlook.

COMMENTARY:

Fox Business - Amazon, Google trading suspended on NYSE, proceeding elsewhere - 7 hours 12 min ago

TechCrunch - Google Cloud expands its bet on managed database services - 8 hours 49 min ago

BusinessInsider - An ex-Googler sold her home to fund her startup — and she just got $13 million to build the 'Netflix of podcasting' (NFLX) - 8 hours 57 min ago

Washington Post - Google is promoting the DEA's 'Take Back Day' on its homepage to help combat the opioid crisis - 21 hours 37 min ago

VIDEO:

CNBC Video - Google just gave Gmail a huge makeover — here is what's new - 2 hours 4 min ago