FILE PHOTO: Aston Martin Lagonda Ltd. CEO Andrew Palmer addresses media during the first press day ahead of the 85th International Motor Show in Geneva March 3, 2015. REUTERS/Arnd Wiegmann/File Photo October 12, 2017 By Joseph White DETROIT (Reuters) – The arrival of Aston Martin’s DBX sport utility vehicle in […]
FAN Editor
Citigroup earnings beat Wall Street estimates as consumer business shows growth
Citigroup reported better-than-expected quarterly results on Thursday, as its global consumer business showed further revenue growth. Here’s how the banking giant’s results fared against Wall Street estimates: EPS: $1.42 vs $1.32 expected by a Thomson Reuters survey Revenue: $18.173 billion vs $17.896 billion expected Fixed income trading: $2.877 billion vs […]
The Note: Trump’s war with the press is reaching beyond bluster
THE TAKE with ABC News’ MaryAlice Parks Every American president has sparred with the press and fought back against stories unflattering or unfair. But no sitting president has in decades suggested media organizations should be shut down or that the federal government should consider curtailing their content or reach. Time […]
French President Macron launches Step 2 of labor reforms
PARIS – French President Emmanuel Macron is launching Step 2 of his labor law overhaul, focusing on unemployment benefits and job training. Continue Reading Below Macron met Thursday with France’s main workers’ and employers’ unions to start negotiations that will last for months. The discussions come as workers and unions […]
The Latest: UK urges to move Brexit talks on to trade
BRUSSELS – The Latest on the Brexit negotiations between the European Union and United Kingdom (all times local): Continue Reading Below 1:35 p.m. The pound is dropping after the European Union’s Brexit negotiator said that no significant progress has been made in talks with Britain. Michel Barnier said Thursday after […]
HSBC appoints new CEO to replace retiring Stuart Gulliver
LONDON – London-based bank HSBC says John Flint will be its new chief executive, replacing the retiring Stuart Gulliver. Continue Reading Below The bank said in statement Thursday that Flint, who currently heads up retail banking and wealth management, will take the job on Feb. 21. Chairman Mark Tucker says […]
Amazon dominates, Nike slips in teen shopping preference survey
An overwhelming number of teenage consumers say Amazon (AMZN) is their favorite website for shopping, according to the results of Piper Jaffray’s biannual survey released this week. Continue Reading Below The firm’s survey found 49% of teen shoppers identified Amazon as their favorite ecommerce outlet, up 6% from last spring. […]
U.S. House to vote on $36.5 billion disaster relief package
The U.S. House of Representatives is expected on Thursday to approve $36.5 billion in emergency relief for hurricane-hit areas such as Florida, Texas, Puerto Rico and the U.S. Virgin Islands, as well as California, struck by devastating wildfires. Continue Reading Below Included in the bill is $18.7 billion for the […]
Facebook pushes ad overhaul before 2018 U.S. election: executive
Mike Schroepfer, CTO of Facebook, speaks on stage during the annual Facebook F8 developers conference in San Jose, California, U.S., April 18, 2017. REUTERS/Stephen Lam October 12, 2017 By David Ingram SAN JOSE, Calif. (Reuters) – Facebook Inc has begun overhauling how it handles political ads on its platform and […]
No Vacancies: Airbnb shutters Beijing rentals ahead of Party Congress
FILE PHOTO: Airbnb Co-Founder and CEO Brian Chesky speaks at an event to launch the brand’s Chinese name, in Shanghai, China, March 22, 2017. REUTERS/Adam Jourdan/File Photo October 12, 2017 By Cate Cadell and Pei Li BEIJING (Reuters) – U.S. short-term rental service Airbnb Inc has removed listings in Beijing […]