Asia stocks reach 10-year peak on global equity surge, dollar sags – Reuters

TOKYO (Reuters) – Asian stocks reached a 10-year high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a more guarded view towards inflation. Spreadbetters expected a mixed start for European stocks, forecasting Britain’s FTSE .FTSE to open down 0.05 percent, Germany’s DAX .GDAXI to […]

Delta Vows Not to Pay US Duties on Bombardier’s C Series – Bloomberg

Delta Vows Not to Pay US Duties on Bombardier’s C Series – Bloomberg

Delta Air Lines Inc. pledged not to pay import duties on Bombardier Inc.’s marquee jetliner, which was socked in the last two weeks with 300 percent tariffs by the U.S. Commerce Department. It’s possible Delta will delay deliveries of the C Series planes, which are scheduled to begin next year, Chief Executive Officer Ed Bastian […]

Asian shares hit decade highs, dollar struggles at two-week trough – Reuters.com

SYDNEY (Reuters) – Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered around two-week lows on worries President Donald Trump’s tax plan could stall. Japan’s Nikkei closed at the highest level since 1996, even as scandal-hit Kobe Steel extended losses. Futures pointed to […]

Why Chicago’s soda tax fizzled after two months — and what it means for the anti-soda movement – Washington Post

A sign sponsored by opponents of the new Cook County tax on sweetened beverages is posted in the soda aisle of Tischler Finer Foods in Brookfield, Ill. (Sara Burnett/AP) About two months after the country’s largest soda tax went into effect, embattled lawmakers in Cook County, Ill. — the home of Chicago — have decided to repeal […]

Asian shares shrug off Wall St. weakness, dollar steadies – Reuters

TOKYO (Reuters) – Asian shares rose on Tuesday, shrugging off modest losses on Wall Street, while expectations of another U.S. interest rate increase this year continued to underpin the dollar. Futures suggested a more subdued start to the European trading day, with the Eurostoxx 50 and Germany’s Dax futures both down 0.1 percent. France’s Cac […]

Walmart launches Mobile Express Returns to refund or exchange online items in physical stores – TechCrunch

As Walmart continues to build out its e-commerce business to rival Amazon’s, its latest development will build on some of the retail giant’s most established operations: Walmart is launching a new in-store returns service called Mobile Express Returns. People who purchase items online and then need to return them can do so by logging them […]

China shares hit 21-month high; Turkish lira takes a dive – Reuters

SYDNEY (Reuters) – Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. Liquidity was lacking with Japan and South Korea on holiday and a partial holiday in […]

The Truth Is Catching Up With Tesla – Wall Street Journal

New revelations about Tesla Inc.’s production of the highly anticipated Model 3 sedan should shock, but not surprise, investors. The Wall Street Journal reported Friday that Tesla has recently been building major portions of the Model 3 by hand. This comes less than a week after Tesla announced it fell short of its third-quarter production […]

The Math Won’t Add Up For Winner In Amazon HQ2 Contest – Forbes

The Math Won’t Add Up For Winner In Amazon HQ2 Contest – Forbes

Jeff Bezos, chief executive officer of Amazon, arrives for the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho. (Photo by Drew Angerer/Getty Images) On the promise of 50,000 jobs with average wages of over $100,000 plus $5 billion or more in investment for buildings and equipment, […]