Reuters Business Today: April 24, 2017

Click to View in Browser Monday, April 24, 2017 Wall Street surges, Nasdaq hits record on French vote result (Reuters) - The Nasdaq hit a record high on Monday, with other indexes also rallying, as investors breathed a sigh of relief after Centrist candidate and market favorite Emmanuel Macron won the first round of the French election. Halliburton gains from surge in North America drilling (Reuters) - Halliburton Co reported quarterly profit and revenue that edged past analysts' estimates as a surge in drilling activity in North America pushed up demand for its pressure pumping and well-construction services. Supreme Court rejects GM bid to block ignition switch suits (Reuters) - General Motors Co's bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the Supreme Court refused to hear its appeal claiming the suits were barred by the No. 1 U.S. automaker's 2009 bankruptcy. Tesla's big Model 3 bet rides on risky assembly line strategy (Reuters) - Tesla Inc Chief Executive Elon Musk took many risks with the technology in his company's cars on the way to surpassing Ford Motor Co's market value. Now Musk is pushing boundaries in the factory that makes them. PPG raises offer for Akzo Nobel to $29 billion AMSTERDAM (Reuters) - U.S. paint maker PPG Industries raised its proposed offer for Akzo Nobel by about 8 percent to 26.9 billion euros ($28.8 billion) on Monday, increasing the pressure on its Dutch rival to enter into talks. NASH: The next untapped pharma market gives investors many options (Reuters) - Large drugmakers with piles of cash are on the hunt for promising medicines being developed by small companies to treat NASH, a progressive fatty liver disease poised to become the leading cause of liver transplants by 2020. Luxury shoe brands Jimmy Choo and Bally put up for sale LONDON (Reuters) - British luxury retailer Jimmy Choo has put itself up for sale to try to maximize shareholder value as majority investor JAB increases its focus on consumer goods. Wal-Mart e-commerce investment arm names new retail startup CEO (Reuters) - Wal-Mart Stores Inc , the world's no.1 retailer, said its recently launched startup investment arm, Store No 8, has hired Jenny Fleiss as the chief executive of its first portfolio company. Congress returns as Trump pressures Democrats ahead of funding deadline WASHINGTON (Reuters) - With a deadline looming this week to avert a U.S. government shutdown, Congress returns to work on Monday as President Donald Trump leans on Democrats to include funding for his promised border wall with Mexico in spending legislation. CEO to go after LafargeHolcim admits paying Syrian groups ZURICH (Reuters) - LafargeHolcim Chief Executive Eric Olsen will leave the company in July after the world's largest cement maker admitted on Monday it had paid armed groups to keep a factory operating in war-ravaged Syria. Related Video Panera to add 10,000 jobs German business morale defies political risks 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