Bhinneka News Online: Breaking business news: Wall Street gains, Dow tops 24,000 as tax bill gains steam

Thursday 30 November 2017

Breaking business news: Wall Street gains, Dow tops 24,000 as tax bill gains steam

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Thursday, November 30, 2017

Wall Street gains, Dow tops 24,000 as tax bill gains steam

NEW YORK (Reuters) - The S&P closed at a record high and the Dow Jones Industrial Average broke above the 24,000 mark for the first time on Thursday as investors gained confidence that the Republican party's push for a U.S. tax overhaul would succeed.

Bitcoin loses over a fifth of its value in less than 24 hours

LONDON (Reuters) - Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday. <BTC=BTSP>.

CVS closes in on deal to buy health insurer Aetna: source

(Reuters) - CVS Health Corp is moving closer to a more than $66 billion cash and stock deal to buy health insurer Aetna Inc that could be announced as early as Monday, a source familiar with the matter said on Thursday.

GM plans large-scale launch of self-driving cars in U.S. cities in 2019

SAN FRANCISCO/DETROIT (Reuters) - General Motors Co laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban environments in 2019, in a challenge to rivals such as Alphabet Inc's Waymo.

Now hiring? Amazon says its voice aide Alexa is ready for the office

(Reuters) - Amazon.com Inc wants to be your new executive assistant at work.

Goldman eschews bitcoin but wants to help clients crypto-trade

NEW YORK (Reuters) - Goldman Sachs Group Inc is trying to figure out how to cater to investors who want to trade bitcoin even though the digital currency remains too volatile for the Wall Street bank to trade itself, according to comments by a representative and its chief executive officer on Thursday.

Kroger profit improves amid Amazon threat, shares pop

(Reuters) - Kroger Co issued an upbeat holiday forecast and better-than-expected quarterly results, helped by aggressive discounts that lured more shoppers to its supermarkets, and shares soared as much as 13.6 percent.

Hundreds of American Air flights still lack pilots in December

NEW YORK (Reuters) - American Airlines still has hundreds of flights without pilots assigned to them in December, the company said on Thursday, after a scheduling error gave too many pilots time off.

Carl Icahn blasts SandRidge Energy's poison pill move

(Reuters) - SandRidge Energy Inc's top shareholder and activist investor Carl Icahn blasted the oil and gas company's move to adopt a poison pill plan amid strong opposition to its $746 million bid for Bonanza Creek Energy Inc.

Dialog shares tank on report Apple to design own power chips

FRANKFURT (Reuters) - Apple is designing its own power-management chips for use in iPhones as early as 2018, the Nikkei business daily reported on Thursday, triggering a more than 20 percent slide in shares of supplier Dialog Semiconductor.