A customer walks into a clothing retailer J.Crew store in Manhattan, New York, March 3, 2014. REUTERS/Mike Segar NEW YORK (Reuters) – J.Crew Group Inc, known for its preppy men’s and women’s clothing, said on Saturday that its Chief Executive Officer James Brett is leaving the company, effective immediately. The decision, which leaves the retailer
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FILE PHOTO: German Transport Minister Andreas Scheuer addresses a news conference in Berlin, Germany, November 8, 2018. REUTERS/Fabrizio Bensch BERLIN (Reuters) – Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday. Scheuer told Focus in an interview that
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NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties. Traders work on the floor of the New York
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NEW YORK (Reuters) – The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but falling shares of Nvidia Corp (NVDA.O) dragged down the Nasdaq. All three indexes had been lower in early trade as an underwhelming outlook
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NEW YORK (Reuters) – S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break above $200 billion in buybacks for the quarter, according to an S&P Dow Jones Indices analysis. Even with more earnings reports to come for the third quarter, buybacks by S&P 500
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FILE PHOTO – A logo for ABC is pictured atop a building in Burbank, California February 5, 2014. REUTERS/Mario Anzuoni (Reuters) – Karey Burke will replace Channing Dungey as president of Walt Disney’s (DIS.N) ABC Entertainment, the company said on Friday. Burke is currently head of original programming for Disney’s cable channel Freeform. Dungey, the
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WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list. Trump
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(Reuters) – The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E (PCG.N) caused the embattled power utility’s stock to surge over 40 percent in a matter of minutes. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the
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