 | | | | Nike Inc's quarterly revenue and profit beat Wall Street expectations on Thursday, but lower-than-expected sales in North America, its biggest market, sent shares down about 2% after the closing bell. | | | | | | A federal judge on Thursday rejected Southwest Airlines Co's bid to dismiss a discrimination lawsuit by an American of Iraqi descent who was removed from a 2016 flight after another passenger heard him speak in Arabic and feared he might be a terrorist. | | | | | | Global equity markets extended a year-end rally on Thursday that has pushed U.S. and world stock benchmarks to record highs, while bond yields in Europe rose after Sweden stopped five years of negative interest rates, signaling the end of a sub-zero era. | | | | | | Wall Street's major indexes resumed their rally with fresh records on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January. | | | | | | Wells Fargo's board of directors will be called to testify before Congress about the bank's numerous scandals sometime in 2020, a senior U.S. House lawmaker told Reuters Thursday. | | | | | | Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in the 1MDB Malaysian corruption scandal, according to a source familiar with the matter. | | | | | | Starbucks Corp agreed on Thursday to pay restitution and accept greater oversight to settle a multi-year probe finding that it had illegally required New York City employees to find substitutes when they needed to use sick leave. | | | | | | U.S. homesharing site Airbnb on Thursday won its battle to remain exempt from onerous European property regulations, as the EU's top court ruled it was an online platform and not a property agent. | | | | | | France's 'AHTOP' tourism association urged the French government to take action after U.S. homesharing site Airbnb won its battle to remain exempt from onerous European property regulations. | | | | | | BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market, with the joint venture partners halting operations in Montreal, New York, Seattle, Washington, D.C., and Vancouver, as they focus on the European market. | | | | | | Oil prices reached the highest level in three months in thin pre-Christmas trading on Thursday, buoyed by the previous day's news that U.S. crude inventories declined and as U.S.-China trade tensions continued to ease. | | | | | |
