BUSINESS NEWS - Last Generation Network News - Thursday May 4th 2017
BUSINESS NEWS - Last Generation Network News - Thursday May 4th 2017
Any sane investor listening to Tesla's (TSLA) earnings call on Wednesday evening had to be like "huh, this is why I have been buying the stock like a mad person over the past three months.
Protesting austerity measures, in San Juan, P.R., on Monday. The island has about $123 billion in debt and pension obligations. Credit Alvin Baez/Reuters.
A day after airline executives went before lawmakers to defend their customer service, American Airlines confirmed Wednesday it will shrink the distance between economy seats in some new planes - but don't accuse the carrier of cutting legroom.
Facebook (FB) reported a top- and bottom-line beat with its first-quarter earnings report after Wednesday's closing bell, delivering on what had become very high expectations even as the company had consistently pointed toward 2017 as an investment ...
An Amtrak train got stuck outside of Penn Station on April 25, 2017. Above, an Amtrak train is seen in February 2011. Photo Credit: Getty Images / Spencer Platt.
Metals weighed on Asian stocks Thursday even after the U.S. Federal Reserve seemed unfazed about slower first-quarter growth in the world's largest economy.
NEW YORK - The New York Times added a record number of digital subscribers last quarter, exciting investors who pushed the stock to an 11 percent gain in morning trading.
U.S. central bankers stuck to their outlook for gradual monetary-policy tightening after they left interest rates unchanged and showed no alarm over recent economic weakness.
Shares of Chesapeake Energy Corp. CHK, +4.14% surged 5.1% in premarket trade Thursday, after the oil and natural gas exploration company reported swung to a first-quarter profit that beat expectations.
Royal Dutch Shell Plc showed it has adapted to a world of lower oil prices, generating a surge in cash that allowed it to pay dividends while reducing debt.
Activity in euro-area manufacturing and services accelerated more than initially estimated as growth in the region's three largest economies converged.
FILE PHOTO - A United Airlines Boeing 787 taxis as a United Airlines Boeing 767 lands at San Francisco International Airport, San Francisco, California, U.S.
President Trump is planning on cutting taxes, and his advisers have been arguing that he does not need to reduce federal spending at the same time.
FILE PHOTO: Pump jacks are silhouetted against the rising sun on an oilfield in Baku, Azerbaijan, January 24, 2013. REUTERS/David Mdzinarishvili/File Photo.
Latest indicators on China's economy point to continued growth through 2018, according to mining giant Rio Tinto Group, which counts the world's No.
FILE PHOTO: HSBC headquarters building is seen in Pudong financial district in Shanghai December 8, 2010. REUTERS/Carlos Barria/File Photo.
FILE PHOTO: Refinery units are heavily damaged after an explosion at the Exxon-Mobil refinery in Torrance, California, February 18, 2015.
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