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Exclusive: Trump administration rule changes to ease gun exports progress

The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.



5 years ago

Wall Street hits fresh record high on trade deal hopes

Wall Street hit fresh record highs on Thursday, as investors cheered signs of progress in U.S.-China trade relations and a batch of largely upbeat earnings reports.



5 years ago

Airbus extends lead over Boeing with 415 jet sales in October

Airbus had 415 airplane orders in October, including its largest ever from a single airline, extending a wide lead over Boeing, which has been hit by the grounding of its 737 MAX.



5 years ago

Individual investors pulled $20 million from Fisher Investments after billionaire's sexist comments

Individual investors at the Camas, Washington-based firm have had a muted reaction so far following Ken Fisher's comments at a conference. That may be because swapping advisors is easier said than done.

5 years ago

EU's Vestager says Google's antitrust proposal not helping shopping rivals

Alphabet unit Google's proposal to create a level playing field for price comparison shopping rivals to stave off fresh fines has not led to more traffic for its competitors, Europe's antitrust chief said on Thursday.



5 years ago

EU's Vestager backs Twitter for banning political ads, berates Facebook

Europe's antitrust chief praised Twitter on Thursday for banning political advertising but criticized Facebook, which will continue to run such ads, for its "de facto manipulation of who you're going to vote for".



5 years ago

Oil rises above $62/bbl on hopes for U.S.-China trade deal

Oil rose above $62 a barrel on Thursday after China hinted at progress towards a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and demand for fuel.



5 years ago

Factbox: Lawsuits over climate change proliferate across the United States

A trial in which Exxon Mobil Corp stands accused of defrauding investors out of up to $1.6 billion by hiding the true cost of climate change regulation is expected to wrap up this week.



5 years ago

Exxon's lawyer calls lawsuit a 'cruel joke' as climate change fraud trial ends

Lawyers for New York state and Exxon Mobil Corp delivered closing arguments in a closely watched trial accusing the oil company of hiding from investors the true cost of addressing climate change.



5 years ago

HSBC warned by British regulator over weak fraud and staff controls

HSBC has been told by the Bank of England to tighten up compliance controls for fraud, staff conduct and other non-financial risks, a source close to the bank said on Thursday.



5 years ago

Exclusive: Freddie Mac hires McKinsey to review capital as government overhaul begins

Housing finance giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.



5 years ago

Juul Labs to stop sales of mint-flavored nicotine pods in U.S

Juul Labs Inc said on Thursday it would immediately stop accepting orders for mint-flavored refills for its e-cigarettes in the United States.



5 years ago

Airbus reshuffles supply chain as former autos executive leaves group

Airbus is seeking a new permanent leader of a $50 billion supply chain as Klaus Richter, chief procurement officer, steps down from his post at the Franco-German-led company to "pursue other professional challenges," industry sources said.



5 years ago

Exclusive: Sears says it has secured a $250 million lifeline, will close 96 stores

Sears told Reuters on Thursday it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances.



5 years ago

Juncker says Trump won't impose tariffs on European cars: Sueddeutsche

Outgoing European Commission President Jean-Claude Juncker does not believe U.S. President Donald Trump will impose tariffs on imported European cars next week, he told Germany's Sueddeutsche Zeitung.



5 years ago