Business

(Reuters) – Walt Disney Co’s theme parks lifted quarterly earnings past Wall Street targets on Wednesday, helping offset big investments to support the media and entertainment company’s bid to draw audiences to streaming media. FILE PHOTO: The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018. REUTERS/Lucy Nicholson/File Photo Shares
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WASHINGTON/BEIJING (Reuters) – The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks. The document
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LOS ANGELES/WASHINGTON (Reuters) – The first time President Donald Trump threatened tariffs on the luggage that Tiffany Williams imports for her Texas store, she stockpiled high-end suitcases and other products ahead of the deadline to protect profits. FILE PHOTO: U.S. President Donald Trump looks on during a meeting with China’s Vice Premier Liu He and
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PALO ALTO, Calif. (Reuters) – Federal Reserve policymakers fear they are ill-equipped to battle the next recession under their current inflation-targeting approach, and this year are well into an effort to vet new strategies for managing interest rates in a world of muted inflation and low borrowing costs. FILE PHOTO: The Federal Reserve building is
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FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, at the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking/File Photo/File Photo OMAHA, Neb. (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday swung to a big quarterly profit, bolstered by gains in its stock investments, and also posted a small
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FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo (Reuters) – SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, which usually picks up big stakes in fast-growing technology companies, the Wall Street Journal
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WASHINGTON (Reuters) – U.S. employers likely maintained a strong pace of hiring in April while steadily increasing wages for workers, pointing to solid economic growth and moderate inflation pressures. FILE PHOTO: Job seekers and recruiters gather at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida -/File Photo The Labor Department’s closely watched
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Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., May 2, 2019. REUTERS/Lucas Jackson NEW YORK (Reuters) – U.S. stocks eased further from recent record highs on Thursday as energy shares dropped with oil and investors digested comments by Federal Reserve Chairman Jerome Powell
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People visit a Tesla booth during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song (Reuters) – Tesla Inc filed for a mixed shelf offering for an undisclosed amount on Thursday, a week after Chief Executive Officer Elon Musk suggested a capital raise could be imminent. Many analysts
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FILE PHOTO: A Kentucky Fried Chicken (KFC) logo is pictured on a sign in North Miami Beach, Florida, U.S. April 6, 2017. REUTERS/Carlo Allegri (Reuters) – Yum Brands Inc beat analysts’ estimates for quarterly sales at established outlets on Wednesday, as strong growth at its KFC chain made up for another weak performance at Pizza
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