Tuesday, 16 May 2017

Reuters Business Today: May 16, 2017

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Tuesday, May 16, 2017
S&P 500, Dow end session flat, tech boosts Nasdaq
NEW YORK (Reuters) - The S&P 500 and the Dow ended Tuesday's session flat after mixed economic data and retail earnings, while the Nasdaq had another record close with help from technology stocks.
Cyber attack eases, hacking group threatens to sell code
WASHINGTON (Reuters) - Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry "ransomware" attack warned it would release more malicious code.
Reports of large-scale Ford job cuts meet indifference on Wall Street
WASHINGTON/DETROIT (Reuters) - Investors on Tuesday shrugged off media reports that Ford Motor Co will announce plans to cut thousands of white-collar workers, highlighting the challenges facing Chief Executive Mark Fields.
Nasdaq launches machine intelligence-enhanced data service
NEW YORK (Reuters) - Nasdaq Inc on Tuesday launched a service to help fund managers and quantitative traders better use data from social media, central bank announcements, retail sentiment and other sources to improve trading profits.
JPMorgan's Dimon defends Trump advisory role, deregulation
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon on Tuesday responded to criticism from angry shareholders of his role advising President Donald Trump on economic matters, saying he would help "any president" in office.
EU to launch legal case against Italy over Fiat emissions: sources
BRUSSELS (Reuters) - The European Union will launch legal action against Italy on Wednesday for failing to police allegations of emissions-test cheating by Fiat Chrysler properly following the Volkswagen dieselgate scandal, EU sources said.
Starbucks software glitch takes some stores offline
(Reuters) - Some U.S. and Canadian Starbucks Corp stores were only accepting cash on Tuesday because of a payment system outage that the company blamed on an overnight software update that knocked some cash registers offline.
Twitter co-founder Biz Stone returns to company
(Reuters) - Twitter Inc co-founder Biz Stone said on Tuesday he would be returning full time to the microblogging service in an unspecified role.
Home Depot's profit tops on higher sales of big-ticket items
(Reuters) - Home Depot Inc's first-quarter profit and same-store sales topped estimates as customers spent more on expensive items such as appliances and flooring and roofing materials.
Facebook to reimburse some advertisers after discovering bug
(Reuters) - Facebook Inc said on Tuesday it would refund some advertisers after finding a bug that wrongly attributed video carousel ad clicks as clicks to the advertisers' websites.
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