 |  | | Apple sees holiday-quarter sales above Wall St., shares rise | | | (Reuters) - Apple Inc forecast revenue for the holiday shopping-quarter largely above market expectations, helping allay investor concerns about production delays and supply constraints for the iPhone X, which it will start shipping on Friday. | | |  | | | Trump nominates Fed's Powell to lead U.S. central bank | | | WASHINGTON (Reuters) - President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, promoting a soft-spoken centrist to replace Janet Yellen when her term expires in February 2018. | | |  | | | Qualcomm sues Apple for breach of software license contract | | | (Reuters) - Qualcomm Inc has sued Apple Inc , alleging that it violated a software license contract to benefit rival chipmaker Intel Corp for making broadband modems, the latest salvo in the longstanding dispute between Qualcomm and Apple. | | |  | | | AIG swings to quarterly loss, adds $836 million to reserves | | | (Reuters) - American International Group Inc posted a bigger-than-expected quarterly loss as the property and casualty insurer booked huge catastrophe losses, and said it set aside $836 million to meet losses related to prior-year accident claims. | | |  | | | S&P flat after tax cut plan; Dow climbs to record | | | (Reuters) - Wall Street's Dow industrials climbed to a record high on Thursday while losses in Facebook kept the S&P 500 and the Nasdaq in check as investors assessed the long-awaited tax cut plan unveiled by U.S. President Donald Trump's fellow Republicans. | | |  | | | U.S. and AT&T discuss conditions for approval of Time Warner deal | | | WASHINGTON (Reuters) - AT&T Inc and the U.S. Department of Justice are discussing conditions the No. 2 wireless carrier needs to meet in order for its acquisition of Time Warner Inc to win government antitrust approval, sources familiar with the situation told Reuters on Thursday. | | |  | | | Exclusive: Beleaguered Airbus looks outside for new sales chief | | | PARIS (Reuters) - Airbus has embarked on a fresh search for a sales chief to take over from soon-to-retire John Leahy as the aerospace group seeks a clean break from turmoil over investigations into the use of middlemen, said three people familiar with the plans. | | | | | | | | | | Related Video | | | | | | | | | |  |  | | | 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 | | |
