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Wednesday, January 31, 2018

Todd Ricketts to replace Steve Wynn as RNC finance chair: Reports


Todd Ricketts to replace Steve Wynn as RNC finance chair: Reports



Ricketts is perhaps best known as a co-owner of Major League Baseball’s Chicago Cubs.

Trump should release classified memo on surveillance abuses: Corey Lewandowski


Trump should release classified memo on surveillance abuses: Corey Lewandowski



Corey Lewandowski is urging President Donald Trump to release the classified memo that allegedly spotlights surveillance abuses under the Obama administration.

Trump's State of the Union: A deep dive into the stats


Trump's State of the Union: A deep dive into the stats



A by-the-numbers look at President Donald Trump's first year in office reveals areas of both progress and peril.

Foreign intelligence surveillance memo is 'dynamite': Varney


Foreign intelligence surveillance memo is 'dynamite': Varney



FBN's Stuart Varney on the FISA memo.

Boeing aims to lift jetliner output nearly 7 percent in 2018

(Reuters) - Boeing Co said on Wednesday it expects to deliver between 810 and 815 commercial aircraft in 2018, as much as 6.8 percent more than the industry-record 763 jets it delivered in 2017.


from Reuters: Business News http://ift.tt/2BEHmV7

Daimler suspends employee linked to emissions research group

MUNICH (Reuters) - German carmaker Daimler said it had suspended an employee and hired an external law firm to investigate the activities of a controversial research group which funded experiments that forced monkeys to inhale toxic emissions.


from Reuters: Business News http://ift.tt/2nod8Sc

US stock futures higher, set to snap two-day losing streak


US stock futures higher, set to snap two-day losing streak



U.S. markets were rebounding Wednesday morning, looking to snap back after two sessions of losses

Boeing beats Street 4Q forecasts


Boeing beats Street 4Q forecasts



Boeing Co. is reporting a fourth-quarter profit of $3.13 billion.

Discover Financial Grows Its Loan Portfolio -- and Loan Losses


Discover Financial Grows Its Loan Portfolio -- and Loan Losses



There was more for investors to like than not in Discover's latest quarter, but nagging questions remain.

Germany probes Bosch workers in US over diesel emissions


Germany probes Bosch workers in US over diesel emissions



Prosecutors in the German city of Stuttgart are investigating two employees of auto components and technology firm Robert Bosch LLC in the U.S. on suspicion of being accessories to fraud in connection with manipulated diesel emissions in Fiat Chrysler vehicles.

Egypt opens Eni gas field 2 years after Italian's killing


Egypt opens Eni gas field 2 years after Italian's killing



Egypt's president has again accused unknown parties of being behind the 2016 murder of an Italian researcher, alleging a plot to sabotage bilateral relations during a ceremony marking the start of a massive gas project with Italian energy firm Eni.

Drugmaker Eli Lilly beats estimates, raises 2018 profit forecast


Drugmaker Eli Lilly beats estimates, raises 2018 profit forecast



Jan 31 (Reuters) - Eli Lilly and Co reported a bigger-than-expected quarterly profit on Wednesday, helped by demand for new diabetes and psoriasis treatments, while raising its adjusted earnings forecast for 2018 due to U.S. tax changes.

Drugmaker Eli Lilly beats estimates, raises 2018 profit forecast


Drugmaker Eli Lilly beats estimates, raises 2018 profit forecast



Eli Lilly and Co. reported a bigger-than-expected quarterly profit on Wednesday.

Boeing says to deliver more planes in 2018

(Reuters) - Boeing Co said on Wednesday it expects to deliver between 810 and 815 commercial aircraft in 2018, higher than the 763 deliveries in 2017.


from Reuters: Business News http://ift.tt/2rV8m37

Futures rise after two straight day of steep losses

(Reuters) - U.S. stock index futures rose on Wednesday, after two days of steep losses, boosted by a controversy-free State of Union speech by President Donald Trump, with investors turning their focus back to quarterly earnings and monetary policy.


from Reuters: Business News http://ift.tt/2EpKerW

Market services business boosts Nasdaq's quarterly profit

(Reuters) - Exchange operator Nasdaq Inc posted a fourth-quarter profit, helped by higher revenue at its market services and non-trading related businesses.


from Reuters: Business News http://ift.tt/2Eq16Ph

DealBook Briefing: Trump’s Big Promise on Infrastructure


By Unknown Author from NYT Business Day http://ift.tt/2Gz8RTG

Byron rescue deal backed by lenders and landlords

Creditors approve restructuring that may result in about 20 restaurants closing.

from BBC News - Business http://ift.tt/2BFfoc3

Japan's Fujifilm to take over Xerox in $6.1 billion deal, create joint venture

(Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing.


from Reuters: Business News http://ift.tt/2DMSTUd

Nasdaq posts quarterly profit on higher market services

(Reuters) - U.S. exchange operator Nasdaq Inc posted a fourth-quarter profit, helped by higher revenue at its market services unit.


from Reuters: Business News http://ift.tt/2rSwVxz

Silver (haired) lining? Alibaba lures older shoppers as market slows

BEIJING (Reuters) - Online shopping may not be the typical domain of the elderly, but when it comes to buying groceries with a smartphone, Xiang Jiang, 70, considers herself rather savvy.


from Reuters: Business News http://ift.tt/2rPw9l0

Morgan Stanley to decide on Brexit staff moves early this year

DUBLIN (Reuters) - Morgan Stanley will make decisions on redeploying staff to its chosen locations of Frankfurt, Paris and Dublin as a result of Brexit very early this year, its president said on Wednesday.


from Reuters: Business News http://ift.tt/2DRNdwB

Homebuilder D.R. Horton's profit drops 8.5%


Homebuilder D.R. Horton's profit drops 8.5%



D.R. Horton Inc reported an 8.5 percent drop in first-quarter profit on Wednesday as the No.1 U.S. homebuilder took a charge of $108.7 million due to changes in the tax law.

Drugmaker Eli Lilly posts quarterly loss on tax charges


Drugmaker Eli Lilly posts quarterly loss on tax charges



Eli Lilly and Co reported a quarterly loss, compared with a year-ago profit, as the drugmaker recorded charges largely related to changes to the U.S. tax law.

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...