Thursday, 3 May 2018

Ex-Volkswagen CEO Winterkorn charged in U.S. over diesel scandal

Ex-Volkswagen CEO Winterkorn charged in U.S. over diesel scandal

WASHINGTON (Reuters) - Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker's diesel emissions cheating.

Twitter urges users to change passwords after computer glitch

(Reuters) - Twitter Inc urged its more than 330 million users to change their passwords after a glitch caused some of them to be stored in plain text on its internal computer system.

Wall St. ends volatile day lower, investors sell on earnings

NEW YORK (Reuters) - U.S. stocks ended lower on Thursday after a choppy session as strong economic data offset disappointing earnings reports from several companies.

Sprouts ended Amazon Prime Now delivery partnership on May 1

LOS ANGELES (Reuters) - Sprouts Farmers Market Inc said on Thursday it ended its Prime Now delivery partnership with Amazon.com on May 1 and cut its full-year sales targets, sending shares of the U.S. supermarket chain down almost 12 percent.

Key sticking points in the U.S.-China trade dispute

BEIJING (Reuters) - U.S. Treasury Secretary Steven Mnuchin will lead a delegation to Beijing this week to meet with Chinese officials and try to ease the escalating trade dispute between the world's two largest economies.

U.S. trade delegation to China divided on tariffs, policy

(This May 2 story corrects name of Fox Business Network in Navarro section)

Trump praises China's Xi as trade talks begin in Beijing

BEIJING (Reuters) - U.S. President Donald Trump on Thursday praised his relationship with Chinese President Xi Jinping as officials from the world's two largest economies began trade talks in Beijing, while state media said China would stand up to U.S. bullying.

Last-minute Weinstein Co bidder returns with higher offer

WILMINGTON, Del. (Reuters) - Broadway producer Howard Kagan said he has raised his last-minute bid for the Weinstein Company in another push to acquire the TV and film producer, which filed for bankruptcy in the wake of harassment claims against co-founder Harvey Weinstein.

Musk's conduct, Tesla stock slide make $700 million profit for short-sellers

NEW YORK (Reuters) - Short-sellers who had targeted Tesla Inc logged a $700 million paper profit on Thursday after the stock fell nearly 9 percent a day after Chief Executive Elon Musk stunned analysts by dodging "boring" questions about the electric car maker's financial outlook.

Tesla shares, bonds drop as CEO Musk bites hand of Wall Street

(Reuters) - Tesla Inc chief Elon Musk's refusal to answer "boring" Wall Street questions about finances sent the electric vehicle maker's shares down as much as 7 percent on Thursday, jarring investors and raising concerns about its ability to raise money in the future.

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