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Trump administration orders Marriott to cease Cuba hotel business

The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente......»»

Category: topSource: REUTERS8 hr. 59 min. ago Related News

Facebook"s Zuckerberg promises a review of content policies after backlash

Facebook CEO Mark Zuckerberg on Friday.....»»

Category: topSource: REUTERS8 hr. 59 min. ago Related News

Wall Street looks for more positive surprises: wealth manager

The Bahnsen Group's David Bahnsen tells Reuters' Fred Katayama that May's astonishingly strong jobs report has left some investors wondering whether they were too pessimistic about the prospects for an economic recovery......»»

Category: videoSource: REUTERS11 hr. 44 min. ago Related News

Biden knocks Trump"s jobs report victory lap

Presid.....»»

Category: videoSource: REUTERS11 hr. 44 min. ago Related News

Stocks surge on strong jobs report

Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery. Fred Katayama reports......»»

Category: videoSource: REUTERS11 hr. 44 min. ago Related News

Exclusive: U.S. weighs blacklisting dozens more oil tankers over Venezuela - officials

The United States is considering imposing sanctions on dozens of additional foreign oil tankers for trading with Venezuela, U.S. officials told Reuters on Friday, the latest effort to sever what Washington sees as a lifeline for President Nicolas Maduro......»»

Category: topSource: REUTERS12 hr. 14 min. ago Related News

PG&E Corp preparing $11 billion debt financing: investor

California utility PG&E Corp is preparing an $11 billion debt-financing package as it prepares to exit from its bankruptcy, an investor involved with the company's funding plan said on Friday, sending its shares up more than 12%......»»

Category: topSource: REUTERS12 hr. 44 min. ago Related News

Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

The heavyweight technology .....»»

Category: topSource: REUTERS12 hr. 59 min. ago Related News

Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources

Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc out of bankruptcy should the U.S. department store chain's negotiations with its creditors fail, three people familiar with the matter said on Friday......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Canada posts surprise jobs gain in May and June could be even better

Canada unexpectedly added almost 290,000 jobs in May as some provinces loosened COVID-19 restrictions on businesses, data showed on Friday, and there could be an even bigger improvement in June......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company

WeWork's Miguel McKelvey, who co-founded the troubled office-sharing start-up with Adam Neumann, will leave the company at the end of June......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Trump threatens EU, China with tariffs; names Navarro "lobster king"

U.S. President Donald Trump on Friday threatened to impose tariffs on European Union cars if the bloc does not drop its tariff on American lobsters, naming White House trade adviser Peter Navarro the "lobster king" in charge of talks......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Trump opens Atlantic sanctuary to commercial fishing

President Donald Trump announced on Friday he will open up a 5,000 square mile conservation area in the Atlantic Ocean off the coast of New England to commercial fishing......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Wall Street rallies to end higher on surprise U.S. jobs report

Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

May"s jobs report stunner: real deal or head fake?

The U.S. economy unexpectedly added jobs in May, surprising economists and analysts who had forecast millions more losing their livelihoods, and raising hopes of a faster economic recovery than expected......»»

Category: topSource: REUTERS13 hr. 29 min. ago Related News

Surprise U.S. unemployment rate drop leaves out blacks, Asians

The U.....»»

Category: topSource: REUTERS14 hr. 44 min. ago Related News

Reliance says Silver Lake, co-investors to invest extra $601 million in digital unit

India's Reliance Industries late on Friday said U.S. private equity fund Silver Lake and its co-investors will invest an additional 45.46 billion rupees ($601.40 million) in the company's digital unit Jio Platforms......»»

Category: topSource: REUTERS14 hr. 44 min. ago Related News

Row over undelivered jets as Airbus threatens to sue airlines

A stand-off over undelivered passenger jets is intensifying after Airbus signalled it would sue airlines refusing to honour contracts in the face of the coronavirus crisis......»»

Category: topSource: REUTERS14 hr. 44 min. ago Related News

Donald Trump says Warren Buffett makes a mistake selling airline stocks

U.S. President Donald Trump on Friday said Warren Buffett, often regarded as the world's greatest investor, made a mistake by recently exiting a multi-billion dollar investment in the airline industry......»»

Category: topSource: REUTERS14 hr. 44 min. ago Related News

UBS and Bank of America units clear ECB stress test

An asset quality review and a stress test on subsidiaries of UBS and Bank of America revealed no capital shortfall, the European Central Bank said on Friday, clearing a hurdle for the banks to relocate activities to Europe from Britain......»»

Category: topSource: REUTERS15 hr. 29 min. ago Related News