Reuters Business Today: June 1, 2017

Click to View in Browser Thursday, June 1, 2017 Wall Street rises as data points to accelerating economy NEW YORK (Reuters) - U.S. stocks advanced on Thursday, with each of the major U.S. indexes notching record highs, after a batch of economic data suggested the economy was picking up speed. U.S. factory activity edges up; private payrolls surge WASHINGTON (Reuters) - U.S. factory activity ticked up in May after slowing for two straight months and private employers stepped up hiring, suggesting the economy is regaining speed after struggling at the start of the year. Investors expect to meet with Exxon on climate-impact report HOUSTON (Reuters) - Exxon Mobil Corp investors will push to meet with oil company officials this summer to hash out elements of a climate-impact analysis following a shareholder vote calling for studies of technology and climate-related risks to its business. Wal-Mart tests delivery of online packages by store workers FAYETTEVILLE, Ark. (Reuters) - Wal-Mart Stores Inc is testing a program that allows store workers to deliver packages ordered on the store's website after they finish their shifts, as the retailer looks for ways to close the gap with rival Amazon.com Inc . Exclusive: Google faces hefty EU fine in shopping case by August - sources BRUSSELS (Reuters) - EU antitrust regulators aim to slap a hefty fine on Alphabet unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the U.S. company. Canada seeks tough line on Boeing jets but sends mixed message OTTAWA (Reuters) - Canada, embroiled in a dispute with Boeing Corp, tried to hit out at the U.S. firm for the second day in a row on Thursday but stumbled over whether talks over a proposed jet purchase had been suspended or not. Audi emissions scandal erupts after Germany says it detects new cheating BERLIN (Reuters) - Audi's emissions scandal flared up again on Thursday after the German government accused the carmaker of cheating emissions tests with its top-end models, the first time Audi has been accused of such wrongdoing in its home country. Linde, Praxair agree $73 billion merger to create global gases leader FRANKFURT/MUNICH (Reuters) - The boards of Linde and Praxair voted on Thursday to merge, creating a $73 billion global industrial gases leader in what is likely to be the last in a wave of combinations that has resulted in a highly consolidated market. UBS to change how advisers get paid ahead of fiduciary rule deadline NEW YORK (Reuters) - UBS Group AG is changing the way it pays U.S. financial advisers on retirement accounts and halting the sale of a small number of products before a U.S. Labor Department rule goes into effect next week, a senior UBS wealth executive said in an interview. Most of 46 million recalled Takata inflators in U.S. not fixed: U.S. senator WASHINGTON (Reuters) - More than 65 percent of 46.2 million recalled Takata Corp airbag inflators in the United States have not been repaired, a U.S. senator said on Thursday, urging automakers to speed up the pace of repairs. Related Video Breakingviews TV: Corporate climate T-Mobile beefs up network using AT&T's cash 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