 | | | | Morgan Stanley said Thursday that its president, Colm Kelleher, will retire at the end of June, according to an internal memo viewed by Reuters. | | | | | | Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as its chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal. | | | | | | U.S. stocks climbed on Thursday as Treasury yields rose off 15-year lows, with investors optimistic about the latest round of U.S.-China trade talks. | | | | | | Benchmark U.S. and European bond yields moved higher on Thursday after prolonged slides, while gains on Wall Street countered declines in other world stock markets as investors eyed U.S.-China trade talks and economic growth. | | | | | | A lawsuit against Boeing Co was filed in U.S. federal court on Thursday in what appeared to be the first suit over a March 10 Ethiopian Airlines 737 MAX crash that killed 157 people. | | | | | | Citgo Petroleum, the U.S.-based unit of Venezuelan state-run oil firm PDVSA, said on Thursday it raised $1.2 billion through a five-year term loan to cover operating expenses and to refinance existing debt. | | | | | | Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade. | | | | | | Apple Inc brought in Oprah Winfrey, Steven Spielberg, Jennifer Aniston and Jason Momoa to talk up its new television streaming service at a Hollywood-style event on Monday marked by standing ovations, hugs and soaring rhetoric. | | | | | | Warren Buffett on Thursday said he could not predict the success of Apple Inc's new suite of services but was confident the public would benefit as content providers vie for their wallets. | | | | | | The World Trade Organization said on Thursday the United States had ignored its request to halt a subsidized tax break for Boeing in its main planemaking state of Washington as a 15-year-old transatlantic trade row edges toward tit-for-tat sanctions. | | | | | | Washington Governor Jay Inslee said on Thursday his state was reviewing a World Trade Organization ruling against Boeing Co on a tax case and will consult with the U.S. Trade Representative on next steps. | | | | | |
