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Category : Business (Archive for 2017-05-07) News by Google
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Fortune
Warren Buffett's Stocks Made $16 Billion Since the Last Berkshire Hathaway Meeting
Fortune
When Warren Buffett last hosted his Berkshire Hathaway annual meeting, the legendary investor had to face up to the fact that most of his stock picks had fallen over the previous year. Now, as the Oracle of Omaha prepares to kick off Berkshire's next ...

Washington Post
Unemployment rate drops to lowest level in a decade in April as economy adds 211000 jobs
Washington Post
The U.S. job market rebounded strongly last month and the unemployment rate fell to the lowest level seen in a decade, government data released Friday morning showed, calming fears that had bubbled up in the past month about the state of the economy.

BBC News
Delta Air Lines kicks US family off flight after row over toddler
BBC News
US airline Delta is facing a public-relations problem after a family claimed they were kicked off a flight for refusing to give up a child's seat. "This is a federal offence and then you and your wife will be in jail and your kids will be in foster ...

New York Times
Justice Department Expands Its Inquiry Into Uber's Greyball Tool
New York Times
An inquiry by the United States Department of Justice into Uber's use of a program to deceive some regulators has expanded to Philadelphia. Credit Tyrone Siu/Reuters. SAN FRANCISCO — An inquiry by the United States Department of Justice into Uber's ...

Nasdaq
Tesla, Inc.'s Model 3 Reservations Are Climbing Every Week
Nasdaq
As usual, analysts continued to ask Tesla (NASDAQ: TSLA) CEO Elon Musk about customer reservations for the company's upcoming Model 3 during Tesla's first-quarter earnings call this week. And, as Musk has done every time since the company disclosed ...

Bloomberg
Solid U.S. Job Market May Be Undercutting Trump's Tax-Cut Case
Bloomberg
President Donald Trump's economic team says it won't be satisfied until Americans workers earn more -- and aggressive tax cuts are essential for those fatter paychecks. But with unemployment at its lowest rate since before the financial crisis, the ...

Reuters
With maiden jet flight, China enters dog-fight with Boeing, Airbus
Reuters
SHANGHAI China's home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to raise its profile in the global aviation market and boost high-tech manufacturing at home. Under overcast ...

New York Times
Judge in Puerto Rico's Debt Lawsuit Handled Major Financial Cases
New York Times
As a federal court judge, Laura Taylor Swain has played a role in two of the highest-profile financial criminal cases of the past decade. Now she will preside over one of the biggest local government financial failure cases ever filed. In a terse one ...

MarketWatch
Oil Inventories Hurting The Market
Seeking Alpha
WTI and Brent continued to tumble on Thursday, dropping to their lowest levels since the announcement of the OPEC deal back in November. U.S. crude oil inventories hit a record high of 535 million barrels as recently as the end of March. It is growing ...
More 'distressing' fashion news: Neiman Marcus sells $1425 torn sneakers
ABC News
Remember the $425 pair of denim jeans with fake caked-on mud sold at Nordstrom that lit up the Twittersphere a couple of weeks ago? Well, they're so last month. Enter the latest distressed fashion item that's created a fashion fracas on social media ...

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