Reuters Business Today: June 2, 2017

Click to View in Browser Friday, June 2, 2017 U.S. job growth slows; unemployment rate drops to 4.3 percent WASHINGTON (Reuters) - U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labor market was losing momentum despite the unemployment rate falling to a 16-year low of 4.3 percent. Tech leads Wall Street higher; jobs data falls short NEW YORK (Reuters) - U.S. stocks closed at record levels for a second consecutive session on Friday, as gains in technology and industrial stocks more than offset a lukewarm jobs report. Big U.S. companies stay on White House panel despite climate jolt WASHINGTON (Reuters) - Several major U.S. companies, including Wal-Mart Stores Inc and IBM Corp , on Friday said their CEOs will remain in an influential presidential advisory group despite objecting to President Donald Trump's withdrawal from the Paris climate accord. Buffalo Wild Wings CEO to retire as activist Marcato wins board seats NEW YORK (Reuters) - Buffalo Wild Wings Inc said on Friday that Chief Executive Officer Sally Smith would retire before the end of the year, a move that came as shareholders voted three activist hedge fund nominees onto the company's board. Boeing delays delivery of third 737 MAX jetliner SEATTLE (Reuters) - Boeing Co said on Friday it had delayed the delivery of its third 737 MAX jetliner, set for next week to Norwegian Air Shuttle , a move that comes after a brief delay in delivery of the first MAX last month. Stress test relief tops bank wish list ahead of Trump's rule review (Reuters) - As Wall Street awaits President Donald Trump's vision for financial regulation, big U.S. banks are pushing for a lucrative change his appointees can execute without a legislative fight: easing annual stress tests. Bitcoin exchange Coinbase seeks new funds at $1 billion valuation: Wall Street Journal (Reuters) - Bitcoin exchange Coinbase Inc is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday. Akzo responds to PPG approach after takeover battle ends AMSTERDAM (Reuters) - Akzo Nobel, the Dutch paint maker that rejected a 26.3 billion-euro ($29.6 billion) takeover proposal from U.S. rival PPG Industries , has sent PPG a letter shortly after its suitor walked away, detailing its objections to doing a deal. Morgan Stanley shuffles wealth management unit (Reuters) - Morgan Stanley has shuffled its wealth unit, eliminating a layer of management and promoting two key executives, according to a memo reviewed by Reuters on Friday. Lawsuit accusing Whole Foods of overcharging is revived: U.S. appeals court NEW YORK (Reuters) - A federal appeals court on Friday ordered Whole Foods Market Inc to face a proposed class-action lawsuit accusing it of overcharging shoppers in New York City by overstating the weight of pre-packaged food in its supermarkets. Related Video 'Mom and pop' investors drive Bitcoin surge in Asia Wal-Mart tests new delivery program 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