Breaking business news: Dow, S&P open higher as earnings gather pace

Click to View in Browser Thursday, October 26, 2017 Dow, S&P open higher as earnings gather pace (Reuters) - The Dow and the S&P were higher at the open on Thursday, while the Nasdaq was little changed, as investors assessed a flood of corporate results in one of the busiest days for the third-quarter earnings season. U.S. jobless claims rise modestly as labor market tightens WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continued to tighten after recent hurricane-related disruptions. Consumer groups join conservatives against AT&T deal for Time Warner WASHINGTON (Reuters) - Seven groups ranging from the Tea Party Patriots to liberal consumer groups warned against AT&T's plan to buy Time Warner in a letter to Attorney General Jeff Sessions, saying the deal could give one company too much power over what Americans see on television. U.S. October new vehicle sales seen down 4 pct on year: J.D. Power and LMC DETROIT (Reuters) - U.S. auto sales in October likely fell close to 4 percent from the same month in 2016, though automakers' sales were buoyed by replacement of storm-damaged vehicles and record-high consumer discounts, industry consultants J.D. Power and LMC Automotive said on Thursday. Deutsche Boerse CEO to step down amid insider trading probe FRANKFURT (Reuters) - Deutsche Boerse's embattled chief executive Carsten Kengeter is stepping down amid continuing allegations of insider trading, the German exchange operator announced on Thursday. Twitter nears first profitable quarter as it slashes expenses, shares jump (Reuters) - Twitter Inc said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts in expenses the past few months and finding sources of revenue beyond the advertising that dominates social media. U.S. pickup truck sales lift Ford's margins, profits DETROIT (Reuters) - Ford Motor Co reported a better-than-expected quarterly net profit on Thursday, driven largely by U.S. sales of its high-margin pickup trucks, and raised the low end of its full-year earnings forecast. Wal-Mart launches shelf-scanning robots in about 40 stores CHICAGO (Reuters) - Wal-Mart Stores Inc will roll out shelf-scanning robots in approximately 40 stores to replenish inventory faster on its shelves and save store employees time when products run out. Tesla's seat strategy goes against the grain...for now The seats on Tesla Inc's new Model X SUV were a mess. An outside contractor was having trouble executing the complicated design, spurring frustration and finger-pointing between Tesla and its supplier. Alphabet looks to snowy Michigan to test self-driving cars WASHINGTON (Reuters) - Alphabet Inc's self-driving car unit Waymo is expanding winter testing as it works to address a potential blind spot for autonomous vehicles: snowy and icy conditions. Related Video Twitter nears first profitable quarter ECB begins weaning Europe off bond-buying stimulus 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