Reuters Business Today: April 20, 2017

Click to View in Browser Thursday, April 20, 2017 Wall St rallies on earnings; Nasdaq hits record NEW YORK (Reuters) - U.S. stocks rallied on Thursday, with the Nasdaq closing at a record, as a round of solid earnings led by American Express pushed equities higher. Tesla to recall 53,000 cars over parking brake issue (Reuters) - Tesla Inc said on Thursday it would recall 53,000 of its Model S and Model X cars globally to fix a parking brake issue. Visa's earnings beat estimates, shares rise (Reuters) - Visa Inc , the world's largest payments network operator, reported better-than-expected quarterly earnings and said it expects full-year profit at the high-end of its forecast, as it reaps the benefits of its purchase of Visa Europe. IMF chief willing to work with Trump to fix global trading system WASHINGTON (Reuters) - World financial leaders gathered in Washington on Thursday with pledges to work with U.S. President Donald Trump to fix lingering trade problems while vowing to keep their commitments to free trade and global integration. Verizon profit, revenue miss Wall Street view as subscribers dash (Reuters) - Verizon Communications Inc on Thursday reported its first-ever quarterly loss of subscribers, even as it offered an unlimited data plan, raising questions on whether the No. 1 U.S. wireless carrier may need a larger acquisition than Yahoo to diversify its business. U.S. labor market tightening; mid-Atlantic factory activity cools WASHINGTON (Reuters) - New applications for U.S. jobless benefits rose slightly more than expected last week, but a drop in the number of Americans on unemployment rolls to a 17-year low suggested the labor market continues to tighten. Saudi Arabia, Kuwait signal likely extension of oil output cut ABU DHABI (Reuters) - Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal on Thursday that OPEC plans to extend into the second half of the year a deal with non-member producers to curb supplies of crude. U.S. reviewing Venezuela's seizure of GM assets WASHINGTON (Reuters) - U.S. officials are reviewing Venezuela's seizure of General Motors Co's assets in the country, U.S. State Department spokesman Mark Toner said on Thursday. Subway says it shut hundreds of U.S. restaurants last year (Reuters) - U.S. sandwich chain Subway Restaurants said on Thursday it shut 359 restaurants in the United States last year, amid stiff competition in a highly fragmented fast-food industry. AIG considering Brian Duperreault as new CEO: CNBC (Reuters) - American International Group Inc is considering former company veteran Brian Duperreault, who heads Hamilton Insurance Group, as its new chief executive, CNBC said, citing a media report. Related Video Trump launches trade probe targeting Chinese steel Verizon loses subscribers Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook