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Market News
MARKET SNAPSHOT: Stocks Just Saw The Best Earnings Season Since The Financial Crisis, And Nobody Cares
Top / Flop
Sunday, 18 November
Regulator 'stunned and terrified' after causing PG&E stock surge
1d ago - (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 caused the embattled power utility's stock to surge over 40 percent in a matter of minutes.
VW embarks on $50 billion electrification plan
2d ago - WOLFSBURG, Germany (Reuters) - Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.
Google Cloud names Thomas Kurian to replace CEO Diane Greene
2d ago - SAN FRANCISCO (Reuters) - Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc's Google in the coming weeks, Greene announced in a blog post on Friday, after a tumultuous year for the business.
Trump says U.S. may not impose more tariffs on China
2d ago - 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.
Burke to replace Dungey as ABC Entertainment chief
1d ago - (Reuters) - Karey Burke will replace Channing Dungey as president of Walt Disney's ABC Entertainment, the company said on Friday.
J.Crew CEO James Brett steps down after short tenure
1d ago - 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.
U.S. Vice President Pence vows no end to tariffs until China bows
1d ago - PORT MORESBY (Reuters) - The United States will not back down from its trade dispute with China, and might even double its tariffs, unless Beijing bows to U.S. demands, Vice President Mike Pence said on Saturday.
Hard Brexit would be disastrous says German industry
1d ago - BERLIN (Reuters) - Britain crashing out of the European Union without a divorce deal would have disastrous consequences for companies and workers in Britain and across Europe, the head of the BDI German Federation of Industry said on Saturday.
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