Breaking business news: Stock futures flat after downbeat earnings

Click to View in Browser Wednesday, October 25, 2017 Stock futures flat after downbeat earnings (Reuters) - Wall Street looked set to open flat on Wednesday as the U.S. corporate earnings season hit its peak, with lackluster results for a handful of companies overnight including Chipotle Mexican Grill and AMD. Exclusive: Canada pushed for Airbus deal as Bombardier courted China MONTREAL/PARIS (Reuters) - The Canadian government encouraged Bombardier to make a deal with Airbus SE for its CSeries planes to thwart a potential venture with Chinese investors, according to five sources familiar with the matter. Carlyle Group unveils new leadership as founders step back (Reuters) - Carlyle Group LP said on Wednesday that Glenn Youngkin and Kewsong Lee would become its co-chief executives, in the U.S. private equity firm's biggest shakeup since it was founded by David Rubenstein, William Conway and Daniel D'Aniello 30 years ago. Coca-Cola beats on higher U.S. sales of Sprite, non-soda drinks (Reuters) - Coca-Cola Co reported better-than-expected profit and revenue for the third quarter as North America sales rose 3 percent on higher demand for Sprite, tea and coffee. T-Mobile, Sprint ready board committees to decide on merger: sources (Reuters) - T-Mobile US Inc and Sprint Corp are laying the groundwork for special committees of their board of directors to decide on a merger between the third and fourth largest U.S. wireless carriers, according to people familiar with the matter. Boeing ups forecasts, takes further air tanker charge (Reuters) - Boeing Co raised its full-year earnings and cash flow forecasts on Wednesday despite taking a $329 million charge related to its troubled KC-46 aerial refueling tanker. Apple reduced Face ID accuracy to ease production: Bloomberg The Face ID system - among the $999 iPhone X's most talked about features - uses a mathematical model of users' faces to allow them to sign on to their phones or pay for goods with a steady glance at their phones. Volkswagen CEO denies price fixing by German carmakers STUTTGART, Germany (Reuters) - German carmakers being investigated over possible collusion did not engage in price fixing or an illegal cartel, Volkswagen's chief executive Matthias Mueller said on Wednesday. Citigroup plans hiring drive as it re-enters Saudi Arabia RIYADH (Reuters) - Citigroup wants to hire up to 20 bankers in Saudi Arabia, where it plans to formally begin operations in the first quarter after obtaining an investment banking license in the kingdom, a senior executive said.Saudi Arabia's economic reform program would create investment banking opportunities through privatizations and by encouraging more savings by the population, Carmen Haddad, chief executive officer of Citi Saudi Arabia, told Reuters Goldman plans private equity expansion to help offset trading funk NEW YORK (Reuters) - Goldman Sachs Group Inc is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters. Related Video Chipotle says scaling back store openings, and stock drops 3M, Caterpillar power Dow to record 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