WASHINGTON (Reuters) – Amazon.com is reconsidering locating part of its new headquarters in New York because of local opposition, the Washington Post reported on Friday, citing two people familiar with the global retailer’s thinking. FILE PHOTO – The Citibank building, the site of a new workplace for Amazon employees, is seen in Long Island City
LONDON (Reuters) – Global stocks fell for a third straight day on Friday, and were set for their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row. FILE PHOTO: The German share price index DAX graph
MEXICO CITY (Reuters) – Starbucks Corp is unlikely to cede its leading position in China, the company’s fastest-growing major market, to Chinese startup Luckin in 2019, Starbucks CEO Kevin Johnson said in an interview on Thursday. Starbucks CEO Kevin Johnson, gestures during an during an interview with Reuters in Mexico City Mexico February 7, 2019.
FILE PHOTO – Journalists wait for Sony Corp’s new President and Chief Executive Officer Kenichiro Yoshida’s news conference on the company’s business plan at Sony’s headquarters in Tokyo, Japan May 22, 2018. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – Sony Corp announced on Friday a share buyback of 100 billion yen ($910 million) – its first
FILE PHOTO: The new Apple iPhone Xs Max and iPhone X are seen on display at the Apple Store in Manhattan, New York, U.S., September 21, 2018. REUTERS/Shannon Stapleton (Reuters) – Apple Inc on Thursday released a fix for a software bug that had let iPhone users hear audio from users who had not yet
FILE PHOTO: Volvo Cars U.S. production plant is pictured in Ridgeville, South Carolina, U.S. June 20, 2018. REUTERS/Randall Hill STOCKHOLM, Feb 7 (Reuters) – Volvo Cars, owned by China’s Geely, reported higher full-year revenue on Thursday, but said its profit margins had slipped and were expected to remain under pressure this year. Carmakers have faced
ZURICH (Reuters) – Novartis AG Chief Executive Vas Narasimhan said his company’s prescription drug prices have been “flat to negative” over the last three years, and directed blame for high costs for U.S. patients on industry middlemen that manage drug benefits. FILE PHOTO: CEO Vas Narasimhan of Swiss drugmaker Novartis addresses the company’s annual news
NEW YORK (Reuters) – As some market watchers brace for a potential U.S. earnings recession this year, one prominent equity strategist says the picture is not as bad as feared. FILE PHOTO – A trader talks on the phone as he walks outside the New York Stock Exchange before the opening bell of the trading
FILE PHOTO: A Huawei sign is pictured at a shop in Beijing, China January 29, 2019. REUTERS/Jason Lee/File Photo PARIS (Reuters) – The French Senate rejected on Wednesday proposed legislation aimed at toughening checks on telecoms equipment, following a U.S. warning about Chinese telecoms giant Huawei. The new legislation was a last-minute addition by the
FILE PHOTO: A surveillance camera is seen next to a sign of Huawei outside a shopping mall in Beijing, China January 29, 2019. REUTERS/Jason Lee/File Photo LONDON (Reuters) – A $2 billion effort by China’s Huawei to address security issues raised in a British government report last year will take between three and five years
TOKYO (Reuters) – Toyota Motor Corp’s quarterly operating profit edged up as continued increase in sales in Asia, including China, offset lower sales in North America, its biggest market. FILE PHOTO: The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi, India, January
(Reuters) – Walt Disney Co reported quarterly earnings on Tuesday that handily topped Wall Street estimates thanks to a booming theme park business and growth at its ABC broadcast network as the company invests in a digital media future. FILE PHOTO – The entrance to Walt Disney studios is seen in Burbank, California, U.S. August
NEW YORK (Reuters) – Small-cap stocks were among the biggest losers during the stock market’s rout late last year as investors worried about high leverage, but they have outperformed in 2019’s rebounding market, with shares of debt-laden companies leading the charge. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE)
(Reuters) – Alphabet Inc reported sharply higher fourth-quarter spending on video content, employees and facilities, worrying investors who sent the tech company’s shares down about 3 percent after hours on Monday. Google’s parent company beat Wall Street’s estimates for revenue and profit, but the bigger-than-expected spending prompted investors to question whether cash funneled into Alphabet’s
FILE PHOTO – A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD TOKYO (Reuters) – Shares of Panasonic Corp fell more than 6 percent on Tuesday after the Japanese electronics company reported disappointing quarterly results and cut its full-year
SAN FRANCISCO (Reuters) – Alphabet Inc’s fourth-quarter revenue and profit beat Wall Street’s expectations on Monday but sharply higher spending, as it added data centers, cloud engineers and marketed its services heavily during the holidays, worried investors. FILE PHOTO – The Google name is displayed outside the company’s office in London, Britain November 1, 2018.