Thursday 8 November 2018

Tesla names director Denholm to replace Musk as board chair

Reuters.com Newsletter

Tesla names director Denholm to replace Musk as board chair

Tesla Inc has named director Robyn Denholm as board chair, fulfilling a demand by the U.S. Securities and Exchange Commission to strip the job from Elon Musk, the electric car maker's wayward chief executive who has dragged the company through months of turbulence.

Disney beats profit targets as fans flock to parks, movies

Walt Disney Co reported a quarterly profit that topped Wall Street estimates on Thursday, driven by summer crowds at the company's theme parks and big audiences for Marvel movie "Ant-Man and the Wasp."

Wall Street falls after Fed statement, energy shares tumble

The S&P 500 and Nasdaq closed slightly lower on Thursday after a Federal Reserve statement, and energy stocks were the biggest drag on the S&P as U.S. crude oil prices fell.

Canada at odds with U.S. changes to text of trade deal: source

Canada is pushing back against U.S. attempts to change the text of their September trade pact and the issue may have to be referred to ministers to settle, a Canadian source with direct knowledge of the matter said on Thursday.

Equities fall after Fed keeps rates on hold, dollar up

World equity markets declined on Thursday, snapping a seven-session winning streak, with U.S. stocks on the defensive and the dollar strengthening after the Federal Reserve kept interest rates unchanged.

Fed leaves rates unchanged, says U.S. economy strong

The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs, as it pointed to a healthy economy that was marred only by a dip in the growth of business investment.

Fed holds rates steady, sees economy on track

The U.S. Federal Reserve held interest rates steady on Thursday and said ongoing strong job gains and household spending had kept the economy on track.

Virgin Atlantic could face pilots' strike over benefits

Britain's Virgin Atlantic could face industrial action from some of its pilots after a union representing over half of them said it is preparing to ballot members over strike action.

Virgin Atlantic could face pilots' strike over benefits

Britain's Virgin Atlantic could face industrial action from some of its pilots after a union representing over half of them said it is preparing to ballot members over strike action.

Still a 'lot of work to do' for VW after diesel scandal - U.S. compliance auditor

Volkswagen and an independent monitoring team still have "a lot of work to do" before the company's compliance procedures can be certified after a $27 billion global emissions cheating scandal, Larry Thompson, an independent compliance auditor, said on Thursday.

Google hears protesters, changes sexual harassment policies

Alphabet Inc's Google said on Thursday it would change the way it handles sexual harassment claims, a week after 20,000 of its employees around the world walked off their jobs to protest its response to such issues.

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