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Wall Street rallies and Apple approaches $1 trillion value

Wall Street rallies and Apple approaches $1 trillion value

(Reuters) - Wall Street jumped on Thursday, and Apple inched closer to a $1 trillion stock market value, as tepid inflation data eased worries of faster U.S. interest rate hikes this year.

Murdoch's News Corp posts 6 percent rise in quarterly revenue

(Reuters) - News Corp , the owner of Wall Street Journal and book publisher HarperCollins, reported a 5.8 percent rise in quarterly revenue on Thursday, as more people used its real estate app and website.

Dropbox tops paying subscriber estimates in first results since IPO

(Reuters) - File hosting service provider Dropbox Inc topped analysts' estimates for paying subscribers in its first financial report as a publicly traded company.

Bank of America affirms gun pledge, hints at Remington loan exit

WILMINGTON, Del. (Reuters) - Bank of America said on Thursday it was standing by its pledge to stop financing civilian assault weapons and suggested it may be preparing to exit a loan for gun maker Remington Outdoor Corp that sparked criticism of the lender.

Symantec says annual report may be delayed due to investigation

(Reuters) - Symantec Corp said on Thursday its financial results and forecast may change based on the outcome of an internal investigation that was initiated after concerns were raised by a former employee.

Trump drug-pricing speech adds dose of uncertainty for healthcare investors

NEW YORK (Reuters) - Investors are bracing for widespread volatility in healthcare stocks on Friday, when U.S. President Donald Trump is expected to give a highly anticipated speech about controlling prescription drug prices.

Tax cut helping turn U.S. small caps into unlikely source of safety

NEW YORK (Reuters) - The Republican-led corporate tax cut is helping turn the shares of smaller publicly-traded companies in the United States into an unexpected source of stability as the broader stock market wobbles.

Embraer breakup complications are delaying its deal with Boeing: sources

SAO PAULO (Reuters) - The tricky work of divvying up the three business segments of Brazilian planemaker Embraer SA has been delaying an agreement to combine operations with Boeing Co , three people with knowledge of the matter said this week.

Goldman Sachs, Apple to launch joint credit card: WSJ

(Reuters) - Goldman Sachs and Apple Inc are preparing to launch a joint credit card, the Wall Street Journal reported https://www.wsj.com/articles/goldman-sachs-apple-team-up-on-new-credit-card-1525965387 on Thursday.

GM sees custom designs, personal ownership for self-driving cars

(Reuters) - General Motors Co , which plans a ride-sharing fleet of robotaxis for next year, is looking at further business opportunities for self-driving cars, such as custom designs that could be almost unrecognizable from those of today, a top executive said on Thursday.

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