Thursday, 18 November 2021

Reuters Business: S&P, Nasdaq end at record peaks on strong earnings

S&P, Nasdaq end at record peaks on strong earnings

Both the S&P 500 and the Nasdaq eked out record closing highs after a topsy-turvy Thursday on Wall Street, as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.

Panicked shoppers clear out grocery stores in flood-hit British Columbia

Shoppers in Canada's flood-hit province of British Columbia have emptied grocery shelves following catastrophic flooding, although the shortages are as much down to panic buying as disrupted supply chains, industry associations said on Thursday.

Tesla, electric SUVs get poor scores from Consumer Reports

Vehicles from Tesla Inc and electric sport utilities from rival brands are among the least reliable models sold in the United States, a reflection of the risks of new technology, Consumer Reports said on Thursday.

S&P, Nasdaq close at record highs on strong earnings

Both the S&P 500 and the Nasdaq eked out record closing highs after a topsy-turvy Thursday, as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.

U.S. SEC levies $3.9 bln in fines in fiscal 2021

The U.S. Securities and Exchange Commission (SEC) on Thursday said it assessed $3.9 billion in fines related to enforcement actions in fiscal 2021, down from a record $4.7 billion in 2020, even as standalone actions increased.

Canadian indigenous protesters say police making arrests at site of disputed pipeline

Canadian police on Thursday started arresting indigenous protesters at the site of TC Energy Corp's Coastal GasLink pipeline in British Columbia, a First Nations group opposed to the project said.

Perish the thought - stocks might fall: Mike Dolan

You almost have to re-read the small print for a reminder that stocks may ever fall again.

U.S. lawmakers weigh tax credit for soybean oil-based aviation fuel

U.S. lawmakers are weighing a bill that would allow soybean oil-based jet fuel to qualify for an unprecedented tax credit, a win for biofuel producers and a blow to environmental groups that say crop-based materials undermine the benefits of making greener fuels.

Exclusive: Venezuelan petrochemicals arrive in U.S. despite Washington trade curbs

Venezuelan petrochemicals produced by joint ventures between state-run chemical firm Pequiven and foreign partners have arrived in the United States, despite Washington's efforts to limit trade with the OPEC oil and gas producer.

Banks ordered to promptly flag cybersecurity incidents under new U.S. rule

U.S. banking regulators on Thursday finalized a rule that directs banks to report any major cybersecurity incidents to the government within 36 hours of discovery.

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