Thursday 20 June 2019

Daily Investor Update: Apple, Keurig Dr Pepper, Dollar Tree press U.S. to drop China tariff plan

Reuters.com Newsletter

Apple, Keurig Dr Pepper, Dollar Tree press U.S. to drop China tariff plan

Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc filed public comments on Thursday urging the U.S. government to drop plans for tariffs on Chinese imports that would raise the cost of consumer products from iPhones to coffee pods.

Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business - sources

Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said.

Rate-cut euphoria elevates S&P 500 to record high

The S&P 500 index touched a record high on Thursday, driven Wall Street's expectations that the Federal Reserve will cut interest rates as soon as next month to keep the U.S.-China trade war from stalling economic growth.

Sparkly unicorn ice cream: Kroger's bid to win grocery wars

Kroger Co has room to improve on sales and is looking to its Deluxe Unicorn Swirl ice cream and other store-brand products to boost growth, Chief Executive Rodney McMullen said on Thursday.

Slack stock surges at debut, values company at more than $25 billion

Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion.

Factbox: What is Slack?

Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, went public via a direct listing on June 20, instead of the more popular initial public offering route.

Airbus demands chance to bid for IAG's surprise Boeing 737 MAX order

Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG, which stunned industry executives at this week's Paris Airshow by ordering 200 of Boeing's grounded 737 MAX.

JetBlue orders 13 Airbus A321XLR, 10 A220: sources

JetBlue Airways plans to order 13 of Airbus's newly launched A321XLR longer-range single-aisle jetliners as well as 10 more of the smaller A220, industry sources said on Thursday.

Factbox: Airbus and Boeing aircraft deals at Paris Airshow

Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.

Alexa, how can I fly to Mumbai?

When Karan Mehrotra booked a flight from Delhi to Guwahati, he did not go to a travel agent or an airline website.

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