Thursday 27 September 2018

Daily Investor Update: Google CEO meeting with lawmakers amid Republican criticism

Reuters.com Newsletter

Google CEO meeting with lawmakers amid Republican criticism

Google's chief executive officer, Sundar Pichai, is on Capitol Hill this week to face questions from Republican lawmakers who accuse the company of being biased against conservatives and have raised a litany of other concerns.

Exclusive: Boeing wins $9.2 billion contract for new Air force training jet - U.S. official

Boeing Co's jet was selected to build the U.S. Air Force's next training jet in a contract worth up to $9.2 billion over the life of the program, a U.S. official said on Thursday.

Canada sticks to plan to stay at NAFTA talks despite Trump attack

Canada on Thursday shrugged off U.S. President Donald Trump's criticism that talks to modernize NAFTA were moving too slowly and made clear it had to keep negotiating as long as there was a chance of success.

U.S. dollar rises on weaker euro, Fed policy; stocks gain

The U.S. dollar rose held near a one-week high against a basket of major currencies on Thursday following a hike in U.S. interest rates, while a robust economy and surging shares of Apple Inc and Amazon.com Inc boosted the U.S. stock market.

Communication services stocks push Wall Street higher

Wall Street rose on Thursday, helped by high-flying shares of Alphabet and Netflix, as well as the U.S. Federal Reserve's confidence in the strength of the economy after it raised rates for the third time this year.

Business groups ask U.S. court to not undo AT&T merger with Time Warner

The U.S. Chamber of Commerce and other powerful business groups asked an appeals court on Thursday to not undo AT&T Inc's purchase of movie and TV show maker Time Warner, despite the protests of the Justice Department.

Ford wants 'certainty' in any U.S. trade deals: chairman

As the Trump administration negotiates new trade pacts with Canada, China and other countries, Ford Motor Co Executive Chairman Bill Ford said on Thursday the automaker wants deals that allow it to plan and invest with "certainty."

Brazil's Petrobras to pay $853 million U.S. fine in Car Wash probe

PetrĂ³leo Brasileiro SA will pay an $853.2 million fine to settle U.S. criminal charges that the Brazilian state-run oil company bribed politicians and then sought to conceal the payments, the U.S. Justice Department said on Thursday.

Fed chief Powell signals central bank is done with signaling

Federal Reserve Chairman Jerome Powell has a new message for financial markets: watch the data on jobs, wages and inflation for signals on monetary policy - not the U.S. central bank's words or forecasts.

Oil rises as investors fret over Iranian supply gaps

Oil edged higher on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter Iran come into force in five weeks.

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