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By way of Linda Sieg and Yuko Yoshikawa TOKYO (Reuters) – Prime Minister Shinzo Abe is decided to cut Japan's corporate tax fee, Chief Cupboard Secretary Yoshihide Suga said, a step specialists say might boost the worldwide competitiveness of Jap corporations and make the united states extra sexy to international […]
With the aid of Bernie Woodall CHATTANOOGA, Tennessee (Reuters) – In a stinging defeat that would speed up the many years-lengthy decline of the United Auto Employees, Volkswagen AG workers voted in opposition to union illustration at a Chattanooga, Tennessee plant, which had been seen as prepared labor's perfect probability […]
By using Rodrigo Campos NEW YORK (Reuters) – With financial knowledge being shoveled aside like snow and revenue season winding down, U.S. stock buyers might zero in subsequent week on the Fed's view of the financial system and technical prognosis charts because the S&P 500 nears its file excessive. The […]
Via Ryan Vlastelica NEW YORK (Reuters) – The S&P 500 closed flat on Wednesday, with a four-day rally within the index simply barely coming to an finish after Procter & Gamble minimize its outlook, although some positive earnings restricted the decline and eased issues that valuations had become stretched. The […]
Via Paul Lienert DETROIT (Reuters) – A one-two punch of bad climate and overproduction has ignited a price cutting war among U.S. car sellers and producers. Frigid temperatures and iciness storms in the past six weeks have slowed retail sales and showroom traffic, inflating inventories of unsold automobiles and triggering […]
By means of Jonathan Spicer NEW YORK (Reuters) – The Federal Reserve will almost certainly have to come back to more "traditional" coverage-making now that the U.S. jobless rate has fallen to 6.6 percent, so as regards to the U.S. critical bank's current 6.5-percent threshold for considering an interest-fee rise, […]
(Reuters) – Toyota Motor Corp is on the subject of a deal to pay $1 billion to settle a U.S. legal investigation into how it disclosed buyers’ complaints about unintended acceleration years in the past, the Wall Side road Journal said on Friday, citing nameless sources. Toyota may reach a […]
Through Angela Moon NEW YORK (Reuters) – After the S&P 500's first weekly gain in a month, investors will see subsequent week whether or not the U.S. stock market's rally of the final two days is the form of higher things to come – or if this 12 months's weak […]
Moody's on Friday reduce Puerto Rico's credit rating to junk standing, citing concerns concerning the fiscally challenged U.S. territory's vulnerable growth and talent to get admission to capital markets. Moody's, which positioned Puerto Rico's rating on notice for a downgrade late final year, said it now charges the commonwealth's common […]
Media company Walt Disney Co pronounced larger revenue for the quarter that led to December, boosted by way of boom at sports activities network ESPN and the strong performance of its animated hit film “Frozen.” The corporate posted diluted revenue per share of $1.03, according to a statement launched on […]
Twitter Inc pronounced anemic user boom all through the final three months of 2013, sending shares sinking after its first quarterly document as a public company. It averaged 241 million month-to-month users, up just 3.eight % from the previous quarter – the lowest fee for the reason that Twitter started […]
NEW YORK (Reuters) – U.S. shares closed lower on Wednesday after the most recent batch of blended data didn’t make stronger sentiment following Monday's weak file on the manufacturing sector, which drove the S&P 500 to its worst drop making an allowance for June. Consistent with the most contemporary available […]
Through Ben Klayman and Bernie Woodall DETROIT (Reuters) – The top three U.S. retailers blamed extreme climate for poorer-than-expected auto gross sales in January, as analysts envisioned a rebound in February and March. U.S. automakers Ford Motor Co and General Motors Co and Japan’s Toyota Motor gross Sales USA noticed […]
By Lucia Mutikani NEW YORK (Reuters) – U.S. manufacturing task slowed sharply in January on the back of the biggest drop in new orders in 33 years whereas development spending barely rose in December, pointing to a few loss of steam within the economy. The Institute for Supply Management (ISM) […]
It seems like a common slowdown, although you don't know how much of this is climate related," said Paul Zemsky, head of asset allocation at ING Investment Management in New York. "Mix that with the fact rising market currencies continue to dump, and things don't seem to be too just […]
