Industry News

U.S. Durable-Goods Orders Down 0.7% in April

Demand for long-lasting factory goods fell in April, hinting at potential speed bumps for the manufacturing sector.

Source: WSJ.com: US Business | 26 May 2017 | 8:50 am

U.S. GDP Growth Revised Up to 1.2% Rate in First Quarter

U.S. economic growth in early 2017 was stronger than initially thought, and broad growth is poised to pick up in the current quarter.

Source: WSJ.com: US Business | 26 May 2017 | 8:42 am

Second reading of US Q1 GDP up 1.2% vs. 0.9% growth estimate - CNBC


CNBC

Second reading of US Q1 GDP up 1.2% vs. 0.9% growth estimate
CNBC
An employee welds a joint on an industrial clothing rack at Staber Industries in Groveport, Ohio. U.S. economic growth slowed less sharply in the first quarter than initially thought, but the weakness was likely an aberration amid a strong labor market ...
GDP beats on stronger business and consumer spendingBusiness Insider
Economy wasn't as bad as it looked in first quarter, GDP showsMarketWatch
US growth in Q1 revised up to 1.2 pct. but still weakWashington Post
Financial Times -Investing.com -Asia Cruise News -Washington Examiner
all 11 news articles »

Source: Business - Google News | 26 May 2017 | 8:38 am

China Exerts More Control Over Its Currency With Tweak to Yuan Fix

China’s central bank is adjusting the mechanism for setting the currency’s daily fix to smooth out fluctuations against the dollar, an acknowledgment that the country is hitching the yuan’s value closer to the U.S. currency.

Source: WSJ.com: US Business | 26 May 2017 | 8:25 am

European markets lower as oil stocks weigh; sterling falls; G-7 meeting watched - CNBC


CNBC

European markets lower as oil stocks weigh; sterling falls; G-7 meeting watched
CNBC
European bourses were lower on Friday afternoon as slumping oil prices continued to weigh on investor sentiment. Symbol. Name. Price. Change. %Change. Volume. FTSE, FTSE, 7518.20. 0.49, 0.01%, 283521751. DAX, DAX, 12542.68. -79.04, -0.63% ...
OPEC's Missed OpportunityBloomberg
Russia's Novak says may discuss adjustments to OPEC deal at monitoring committeeReuters
European stocks struggle as oil, auto shares pull backMarketWatch
Seeking Alpha -Benzinga -Financial Times -The Globe and Mail
all 389 news articles »

Source: Business - Google News | 26 May 2017 | 7:58 am

CEO pay by the numbers: How big were last year's raises? - East Grand Forks Exponent


East Grand Forks Exponent

CEO pay by the numbers: How big were last year's raises?
East Grand Forks Exponent
The typical big-company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's an 8.5 percent raise from a year earlier, the biggest in three years.
The surprising role where women consistently earn more than menWashington Post
the President's EarNew York Times

all 106 news articles »

Source: Business - Google News | 26 May 2017 | 7:25 am

China's reforms not enough to arrest mounting debt: Moody's - Reuters


Reuters

China's reforms not enough to arrest mounting debt: Moody's
Reuters
FILE PHOTO: A labourer has his dinner under his shed at a construction site of a residential complex in Hefei, Anhui province, August 1, 2012. REUTERS/Stringer/File Photo. By Yawen Chen and Ryan Woo | BEIJING. BEIJING China's structural reforms will ...
China ups control of currency with yuan fix tweakMarketWatch
China's Hand-of-State Tightens Grip on Market With Yuan MoveBloomberg
Why China's Latest Growth Scare Might Be The Real ThingInvestor's Business Daily
Nasdaq -StreetInsider.com -Economic Times -Fox Business
all 128 news articles »

Source: Business - Google News | 26 May 2017 | 7:16 am

Startup's Rocket Reaches Space, but Falls Short of Orbit

RocketLab, a startup widely seen as a trailblazer for frequent, ultralow-cost access to space, failed to reach orbit on its first flight.

Source: WSJ.com: US Business | 26 May 2017 | 6:51 am

10 things you need to know before the opening bell - Business Insider


Business Insider

10 things you need to know before the opening bell
Business Insider
Go player Chinese Go player Ke Jie during his second match against Google's artificial-intelligence program AlphaGo at the Future of Go Summit in Wuzhen, in China's Zhejiang province. Reuters/China Stringer Network. Here is what you need to know.
Donald Trump bei der EU: "Die Deutschen sind böse, sehr böse"SPIEGEL ONLINE
Angela Merkel 'had to explain fundamentals of EU trade to Donald Trump 11 times'The Independent
Trump in Brussels: 'The Germans Are Bad, Very Bad' - SPIEGEL ONLINESpiegel Online

all 53 news articles »

Source: Business - Google News | 26 May 2017 | 6:30 am

Saudi Aramco Struggles to Disengage From Royal Family's Whims

The kingdom is hoping to launch what would be the world’s largest IPO, but first it has to decide whether the oil giant will continue as a de facto arm of the monarchy.

Source: WSJ.com: US Business | 26 May 2017 | 5:52 am

Why All CEOs Need to Be Tech CEOs

Wall Street, long obsessed with quarterly profits, has a message for chief executives of big established companies: Pick up the pace of innovation and make riskier bets sooner.

Source: WSJ.com: US Business | 26 May 2017 | 5:51 am

Millennials Want to Buy Homes but Aren't Saving for Down Payments

Most millennials have saved virtually nothing for a down payment on a home, according to a new study, suggesting many will face steep obstacles to homeownership in the years ahead.

Source: WSJ.com: US Business | 26 May 2017 | 2:54 am

China's Lenovo Reboots After Losing PC Crown to HP

China’s Lenovo Group is shaking up its operations as it seeks to reclaim the title of global leader in personal computers and shore up its smartphone business.

Source: WSJ.com: US Business | 26 May 2017 | 2:40 am