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After years serving CEOs, Goldman’s Ayco also wants other workers

10 hours ago DieselGasoil Comments Off on After years serving CEOs, Goldman’s Ayco also wants other workers
NEW YORK (Reuters) – Goldman Sachs Group Inc is expanding a financial advisory service for top executives to target millions of other affluent employees at some of the biggest U.S. companies, as it seeks to build its retail and wealth management businesses. FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed Read More

Sri Lanka: Angry mobs target Pakistani and Afghan migrants

11 hours ago DieselGasoil Comments Off on Sri Lanka: Angry mobs target Pakistani and Afghan migrants
By Dominic Waghorn, diplomatic editor, in Colombo Hundreds of people have been terrorised out of their homes by angry mobs after the Easter Sunday terror attacks in Sri Lanka, Sky News has been told. Pakistani and Afghan migrants say they were threatened with death if they stayed in their homes in the town of Negombo. Read More

Corporate profits and U.S. economy chug along, defying recession fears

11 hours ago DieselGasoil Comments Off on Corporate profits and U.S. economy chug along, defying recession fears
NEW YORK (Reuters) – After months of handwringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 U.S. homebuilder PulteGroup Inc this week were ready for the worst. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, 2019. Read More

Nasdaq hits record high at open on strong tech earnings; 3M weighs on Dow

14 hours ago DieselGasoil Comments Off on Nasdaq hits record high at open on strong tech earnings; 3M weighs on Dow
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid (Reuters) – The tech-heavy Nasdaq index hit a fresh record at the open on Thursday after strong results from Facebook and Microsoft, while a slump in industrial conglomerate 3M weighed on the Read More

Dow futures hit by 3M results; upbeat tech results support Nasdaq

16 hours ago DieselGasoil Comments Off on Dow futures hit by 3M results; upbeat tech results support Nasdaq
(Reuters) – Dow and S&P futures were pressured by a steep fall in industrial company 3M’s shares on Thursday, while upbeat results from high-flying companies Facebook and Microsoft supported Nasdaq futures. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid Investors Read More

U.S. judge suspends Blackstone lawsuit against Italy’s RCS over Milan HQ

1 day ago DieselGasoil Comments Off on U.S. judge suspends Blackstone lawsuit against Italy’s RCS over Milan HQ
MILAN (Reuters) – A New York judge has put on hold a lawsuit by U.S. private equity firm Blackstone Group LP against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, pending the outcome of an arbitration in Italy. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at Read More

U.S. judge suspends Blackstone’s lawsuit against Italian media group: sources

1 day ago DieselGasoil Comments Off on U.S. judge suspends Blackstone’s lawsuit against Italian media group: sources
MILAN (Reuters) – A New York judge has suspended a lawsuit brought by U.S. private equity fund Blackstone against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, two sources close to the matter said on Wednesday. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post Read More

S&P 500 hovers below record highs on mixed earnings

1 day ago DieselGasoil Comments Off on S&P 500 hovers below record highs on mixed earnings
(Reuters) – U.S. stocks hovered below their all-time highs on Wednesday, as investors digested a mixed batch of earnings reports and losses in energy stocks limited gains on the indexes. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid The S&P 500 is Read More

Nasdaq hits record, S&P nears all-time high on upbeat earnings

1 day ago DieselGasoil Comments Off on Nasdaq hits record, S&P nears all-time high on upbeat earnings
(Reuters) – The S&P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season. FILE PHOTO: A trader speaks to a floor official on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX

2 days ago DieselGasoil Comments Off on Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX
(Reuters) – Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes Read More