Small-cap rally could shrink on earnings, tax reform hurdles
NEW YORK (Reuters) - Optimism is souring around
small-cap stocks for some investors, with a host of factors conspiring
to up-end gains that have taken them to record highs.
U.S. fines American, Delta, Frontier for consumer rule violations
WASHINGTON (Reuters) - Frontier Airlines, American
Airlines and Delta Air Lines have been fined for violating U.S.
Transportation Department airline consumer protection rules, the
department said on Friday.
Ford to petition to avoid U.S. recall of 2.5 million vehicles
WASHINGTON (Reuters) - Ford Motor Co (F.N) will petition to avoid a U.S. recall of about 2.5 million vehicles with Takata (7312.T)
air-bag inflators that the Japanese auto supplier declared defective
last week, U.S. regulators and the automaker said on Friday.
Dollar weakness, China cheer lift Asia stocks, commodities
SYDNEY (Reuters) - The dollar huddled near
multi-month lows on Wednesday as investors wagered any further
tightening in the United States would be slow at best, while optimism on
China's economy underpinned Asian shares and commodities.
U.S. banks pay up for big deposits as consumers get pennies
(Reuters) - Big U.S. banks are starting to pay
corporations, financial firms and rich people more to hold on to their
deposits, but ordinary consumers will have to wait longer to see more
than a few pennies for every $100 they stash in their accounts.
Americans want U.S. goods, but not willing to pay more: Reuters/Ipsos poll
HARRISBURG, Pa. (Reuters) - Americans say they love
U.S.-made goods. They are less enthusiastic, however, about paying a
premium for them.
Carlyle to buy airfield lighting group ADB Safegate: sources
LONDON/FRANKFURT (Reuters) - Buyout group Carlyle
has agreed to buy airfield lighting group ADB Safegate at a valuation of
about 900 million euros ($1 billion) including debt, sources familiar
with the matter said.
U.S. lawmaker calls for hearing on Amazon's Whole Foods deal
WASHINGTON/NEW YORK (Reuters) - The top Democrat on
the U.S. House of Representatives' antitrust subcommittee has voiced
concerns about Amazon.com Inc's (AMZN.O) $13.7 billion plan to buy Whole Foods Market Inc (WFM.O) and is pushing for a hearing to look into the deal's impact on consumers.
Unilever vies with Hormel to buy Reckitt food unit: Sunday Times
LONDON (Reuters) - Anglo-Dutch conglomerate Unilever (ULVR.L)(UNc.AS) is vying with U.S. canned meat producer Hormel Foods Corp (HRL.N)
to buy the foods division of British consumer goods maker Reckitt
Benckiser, the Sunday Times newspaper reported, citing sources.
Asian shares gain ahead of Yellen, shrug off Trump controversy
TOKYO (Reuters) - Asian shares gained on Wednesday
after Wall Street managed to weather a fresh twist in the controversy
over U.S. President Donald Trump's alleged connection with Russia, while
investors looked ahead to Federal Reserve Chair Janet Yellen's