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Category : Business (Archive for 2016-05-31) News by Google
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Wall Street Journal
US Consumer Spending Climbed at Fastest Pace in Nearly Seven Years
Wall Street Journal
WASHINGTON—Consumer spending advanced at the fastest pace in nearly seven years in April, the latest sign of stronger economic growth following a sluggish start to the year. Personal spending, which measures how much Americans paid for everything ...

Wall Street Journal
Canada's First-Quarter Growth Falls Short of Expectations
Wall Street Journal
OTTAWA—The Canadian economy grew in the first quarter on the strength of exports and consumer spending, but the increase fell short of expectations and sets the stage for a weak second quarter as the country continues to adjust to lower commodity ...

TheStreet.com
Great Plains to Acquire Westar for $8.6B
TheStreet.com
The deal, which had been rumored, is expected to create long-term value for shareholders and cut costs for customers. Gregory Morcroft. Follow. May 31, 2016 10:56 AM EDT. Get TheStreet Quant Ratings' exclusive 5-page report for (GXP) - FREE.

Wall Street Journal
US Home Price Growth Remained Robust in March, Case-Shiller Says
Wall Street Journal
Home prices rose strongly in March, the latest sign the housing market has momentum heading into the critical spring selling season. The S&P/Case-Shiller Home Price Index, covering the entire nation rose 5.2% in the 12 months ended in March, slightly ...

Christian Science Monitor
Verizon's striking wireline employees will return to work Wednesday
FierceTelecom
Verizon's (NYSE: VZ) wireline workers represented by the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) will return to work on Wednesday, June 1 after reaching a tentative agreement with the ...

Washington Post
Why McDonalds and Google are in trouble in Europe
Washington Post
French authorities raided the Paris headquarters of two American corporate giants earlier this month, Google and McDonalds. The European Commission is investigating tax deals Amazon and Apple reached in Luxembourg and Ireland. And the commission ...

Wall Street Journal
US Consumer Confidence Declined in May, Clouding Outlook
Wall Street Journal
WASHINGTON—A gauge of U.S. consumer confidence slipped in May, a sign of continued caution that could restrain household spending and broader economic growth. The Conference Board's consumer-confidence index fell to 92.6 in May from an ...

Bloomberg
OPEC's Cheap Oil Strategy Lures Drivers Back Into Gas Guzzlers
Bloomberg
As OPEC ministers gather in Vienna, they may notice more sport utility vehicles on the streets of the Austrian capital than on previous visits. Last year, SUVs outsold any other type of passenger vehicle in Europe for the first time, according to auto ...

CNBC
Starbucks Introduces Nitro Coffee
CNBC
Coffee infused with nitrogen gas? It's coming to a Starbucks near you. By the end of summer 2016, over 500 Starbucks locations will serve nitro coffee, a cold brew that has been infused with nitrogen, chemical element number 7. Nitro coffee first hit ...

Reuters
Carl Icahn acquires 'large position' in Allergan, backs CEO
Reuters
Billionaire investor Carl Icahn said on Tuesday he had acquired a "large position" in Botox-maker Allergan Plc (AGN.N) and that he was very supportive of Chief Executive Officer Brent Saunders. Shares of Allergan rose 0.8 percent to $237.85 in mid ...

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