Monthly Archives: March 2017

Wall Street’s rock-solid quarter ends with a loss

(Reuters) - Wall Street fell on Friday, pulled down by Exxon and JPMorgan Chase as investors wrapped up a strong quarter and weighed whether corporate earnings reports will justify the market's lofty valuations.

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DuPont in asset deal with FMC, delays close of Dow merger

(Reuters) - DuPont said on Friday it would buy a unit of FMC Corp and sell its crop protection business to the company to win European Union approval for its merger with Dow Chemical, and delayed the deal's closing for the third time.

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Ford CEO Mark Fields’ compensation rose 8 percent in 2016

DETROIT (Reuters) - Ford Motor Co Chief Executive Officer Mark Fields' salary, bonus and stock awards rose 8 percent to a total of $18.8 million in 2016, while pretax profit for the automaker fell slightly from 2015's record high, it said on Friday.

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Consumer spending slows, but inflation is rising

WASHINGTON (Reuters) - U.S. consumer spending barely rose in February amid delays in the payment of income tax refunds, but the biggest annual increase in inflation in nearly five years supported expectations of further interest rate hikes this year.

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Verizon hires ex-Ericsson CEO, sets new operating structure

(Reuters) - Verizon Communications Inc said on Friday that Hans Vestberg, the former Ericsson chief executive officer, has joined the company and will lead a team building out its fiber network infrastructures amid growing competition from smaller riv...

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Bic launches online razor subscription service in France

Bic has launched its first online subscription service in France. Starting at 5 euros per month, customers get a shaver directly to their home with refillable cartridges delivered at their desired frequency. The Bic Shave Club is the company’s first experience with large-scale direct sales to consumers. Bic announced the Continue reading

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