U.S. Jobs Report Shows Fed-friendly Moderation, But Still Strong Hiring
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) – U.S. jobs gains of 390,000 in May and still strong wage…
Reuters
Switzerland Revises Liquidity Rules For Systemically Important Banks
BERLIN (Reuters) -The Swiss government on Friday announced new rules for the nation’s five major banks, requiring that they boost…
Yandex CEO Volozh Resigns After EU Sanctions
(Reuters) – Russian internet giant Yandex said on Friday Arkady Volozh has stepped down as CEO and left the board…
Euro Zone May Business Growth Robust But Outlook Darkens -PMI
LONDON (Reuters) – Euro zone business growth was robust in May but is at risk of a slowdown from soaring…
Bristol Myers Boosts Cancer Drug Portfolio With $4.1 Billion Turning Point Deal
(Reuters) -Bristol Myers Squibb said on Friday it would acquire drug developer Turning Point Therapeutics Inc for $4.1 billion in…
Spirit Shareholders Should Approve Frontier Deal, Glass Lewis Says
By Svea Herbst-Bayliss BOSTON (Reuters) -Shareholder advisory firm Glass Lewis on Friday recommended Spirit Airlines investors approve Frontier Group Holdings…
U.S. Bond Funds Post First Weekly Inflow In Five Months
(Reuters) – U.S. bond funds attracted net inflows in the week to June 1, after five months of outflows, as…
Exclusive-Musk Feels ‘super Bad’ About Economy, Needs To Cut 10% Of Tesla Jobs
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk has a “super bad feeling” about the economy and…
Burger King Caught In Complex Legal Web, Thwarting Russia Exit
By Hilary Russ NEW YORK (Reuters) -For at least a decade, Burger King’s formula for European expansion has relied on…
Elon Musk’s ‘super Bad Feeling’ About The Economy
FRANKFURT (Reuters) – Tesla Chief Executive Elon Musk told top managers he had a “super bad feeling” about the economy…