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Asian shares up after Nasdaq, S&P 500 hit record highs

By Andrew Galbraith SHANGHAI (Reuters) – Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach...

Adding to Ghosn woes, Nissan set to slash outlook: report

TOKYO (Reuters) – Nissan Motor Co Ltd will announce on Wednesday a large-scale cut to its earnings outlook for the fiscal year that ended...

Boeing sees FAA approving software fix in May, MAX ungrounding in...

By Tracy Rucinski and Eric M. Johnson CHICAGO/SEATTLE (Reuters) – Boeing Co has told some 737 MAX owners it is targeting U.S. Federal Aviation...

Morgan Stanley shuffles jobs for wealth management executive

NEW YORK (Reuters) – Morgan Stanley’s Shelley O’Connor, one of two co-heads of the wealth management business, was named on Tuesday to lead two...

Lawyer for Platinum founder says investors knew and accepted risks

By Brendan Pierson NEW YORK (Reuters) – Investors in the defunct billion-dollar hedge fund firm Platinum Partners had ample notice they might not get their...

Mnuchin says he cannot meet deadline to turn over Trump tax...

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Tuesday he cannot comply with a demand by a House of Representatives committee to...

CBS suspends search for CEO, says Ianniello to stay till December...

(Reuters) – CBS Corp said on Tuesday decided to suspend its search for a chief executive officer and said acting CEO Joseph Ianniello will...

Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg

(Reuters) – Japan’s SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday,...

Texas Instruments revenue, profit beat estimates; shares rise

(Reuters) – Chipmaker Texas Instruments reported better-than-expected first-quarter profit and revenue on Tuesday, offering hope that a slowdown in demand for microchips late last...

EBay beats quarterly revenue estimates

(Reuters) – EBay Inc beat Wall Street estimates for quarterly revenue on Tuesday, as the company’s multi-year effort to make its ecommerce platforms more...
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