Friday, 15 November 2019

Daily Investor Update: Trump, Apple CEO Tim Cook set to tour computer plant in Texas Wednesday: sources

Reuters.com Newsletter

Trump, Apple CEO Tim Cook set to tour computer plant in Texas Wednesday: sources

U.S. President Donald Trump and Apple CEO Tim Cook are set to visit facilities in Texas on Wednesday where Apple's high-end computers are assembled, sources briefed on the matter confirmed Friday.

Fed says U.S. financial system resilient; flags low rates, 'stablecoin' as risks

The U.S. Federal Reserve on Friday flagged high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging "stablecoin" cryptocurrency proposals as potential risks to the financial system.

Exclusive: U.S. regulator rethinking changes to whistleblower program after backlash - sources

The U.S. securities regulator is rethinking a proposal that could weaken a landmark whistleblower program after a pushback from whistleblower lawyers and advocates, people with knowledge of the deliberations told Reuters.

U.S.-China trade hopes revive stocks, crude rises

Crude prices and global equities markets rose on Friday, with the major U.S. indexes setting record highs, on renewed hopes that the United States and China will reach a deal to de-escalate a 16-month trade war that has crimped global growth.

Oklahoma judge reduces Johnson & Johnson payout in opioid case to $465 million

An Oklahoma judge on Friday said Johnson & Johnson needs to pay only $465 million of the $572 million he previously concluded it owed the state for fueling the opioid epidemic through deceptive marketing of painkillers.

WeWork faces U.S. SEC inquiry over possible rule violations: Bloomberg

WeWork is facing scrutiny from the U.S. Securities and Exchange Commission over whether it violated financial rules in the run-up to its abandoned initial public offering, Bloomberg reported on Friday, citing two people with knowledge of the matter.

U.S. Supreme Court to hear Google bid to end Oracle copyright suit

The U.S. Supreme Court on Friday agreed to hear Google's bid to escape Oracle Corp's multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world's smartphones.

Oil prices gain 2% despite concerns about rising supplies

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices.

Renault's Delbos vies for CEO post as hunt narrows

Renault's interim chief executive Clotilde Delbos has applied to take the job on a permanent basis, two sources familiar with the matter said, as the French carmaker edges toward a shortlist likely to also feature several external candidates.

Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas

At a time when companies in a U.S. natural gas field have been losing money and exiting Louisiana's Haynesville shale basin, Dallas Cowboys' owner Jerry Jones' Comstock Resources is picking up cheap assets, betting on the field's proximity to the growing U.S. Gulf Coast export hub.

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