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Netflix, China boost Wall Street as investors shrug off Brexit vote

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NEW YORK (Reuters) – U.S. stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc’s (NFLX.O) plans to raise fees for U.S. subscribers and hopes of more stimulus for China’s slowing economy fostered a risk-on mood among investors. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) Read More

Citi says chance of delay to Brexit now 'very high'

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FILE PHOTO: The logo of Citibank is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha LONDON (Reuters) – U.S. investment bank Citi (C.N) said on Tuesday there is now a “very high” chance that Brexit will be delayed past March 29, after lawmakers defeated Prime Minister Theresa May’s Brexit divorce Read More

France seeks Renault board meeting to replace Ghosn: sources

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PARIS (Reuters) – The French government is moving to dismiss Renault’s (RENA.PA) scandal-hit Chairman and Chief Executive Carlos Ghosn and has requested a board meeting to consider candidates to replace him, sources with knowledge of the matter told Reuters. FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference Read More

Wall Street rises with help from Netflix and China

6 hours ago DieselGasoil Comments Off on Wall Street rises with help from Netflix and China
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc’s (NFLX.O) plans to raise fees for U.S. subscribers and hopes of more stimulus for China’s slowing Read More

Delaware judge orders Papa John's to turn over documents to founder

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WILMINGTON, Del. (Reuters) – A Delaware judge said on Tuesday Papa John’s International Inc (PZZA.O) must turn over internal documents to the company’s founder who has been seeking to reassert control over the pizza delivery chain after he resigned as chairman in July. FILE PHOTO: The Papa John’s store in Westminster, Colorado, U.S. August 1, Read More

PG&E misses interest payment; bonds, shares dive

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FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage NEW YORK (Reuters) – PG&E Corp (PCG.N) bonds and shares plummeted after the California power company failed to make a $21.6 million interest payment due Tuesday on its 2040 senior Read More

Walgreens and Microsoft partner to develop digital healthcare services

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(Reuters) – Drugstore chain Walgreens Boots Alliance Inc and Microsoft Corp said on Tuesday they have entered a seven-year agreement to research and develop new methods of delivering healthcare services through digital devices. As a part of the deal, the companies will focus on virtually connecting people with Walgreens stores and provide services on therapeutic Read More

Shoe retailer Payless to explore options, including sale: sources

7 hours ago DieselGasoil Comments Off on Shoe retailer Payless to explore options, including sale: sources
FILE PHOTO: A Payless ShoeSource store logo is pictured in the Manhattan borough of New York, New York, U.S. April 4, 2017. REUTERS/Carlo Allegri/File Photo (Reuters) – U.S. discount retailer Payless ShoeSource Inc has hired an adviser to help evaluate strategic alternatives, including a sale or restructuring, less than 18 months after it emerged from Read More

U.S. charges hackers, traders with stealing SEC filings

8 hours ago DieselGasoil Comments Off on U.S. charges hackers, traders with stealing SEC filings
(Reuters) – U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database. FILE PHOTO: Jay Clayton, Chairman of the Securities and Exchange Commission, listens during an interview with CNBC at the Sandler O’Neill + Read More

Fiat Chrysler looking at options to plug hole in its truck lineup: CEO

9 hours ago DieselGasoil Comments Off on Fiat Chrysler looking at options to plug hole in its truck lineup: CEO
CEO of Fiat Chrysler Automobiles (FCA) Mike Manley attends the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) Chief Executive Mike Manley told Reuters on Tuesday he is open to partnerships to develop a new midsize pickup truck the automaker could Read More