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Today's top business headlines from across the world. We thank all of the fine daily newspapers that allow the feeds. Without the daily papers, and their resources, there would not be the quality and breadth of news available to us all.


Top business headlines

Todays Top Business News
From around the world and across the street.

NAFTA deal not yet in sight, Canada stands firm on auto tariffs
30 minutes ago
Canada and the United States showed scant sign on Thursday of closing a deal to revamp NAFTA, and Canadian officials made clear Washington needed to withdraw a threat of possible autos tariffs, sources said.
[From Reuters: Business News]
Wells Fargo to cut headcount by 5-10 percent in next 3 years
46 minutes ago
Wells Fargo & Co  said on Thursday it would reduce its headcount by about 5 percent to 10 percent within the next three years as part of a turnaround plan.
[From Reuters: Business News]
Industrials lead Dow to record high; tech boosts S&P, Nasdaq
47 minutes ago
Trade-sensitive industrial stocks led the Dow Jones Industrial Average to a record closing high on Thursday, the last of Wall Street's main indexes to fully regain ground since a correction that began in January. All three major U.S. indexes closed higher as trade worries subsided. Technology companies led the Nasdaq higher, along with the S&P 500, which also hit a new closing high.
[From Reuters: Business News]
American Airlines joins rivals in hiking U.S. baggage fees by five dollars
59 minutes ago
American Airlines Group Inc said on Thursday it would raise domestic U.S. baggage fees by $5, joining major rivals in the price hike amid higher fuel costs.
[From Reuters: Business News]
Adobe to buy marketing software firm Marketo for $4.75 billion
1 hour ago
Adobe Systems Inc on Thursday agreed to buy Marketo Inc for $4.75 billion from private equity firm Vista Equity Partners Management, adding heft to its cloud-based digital marketing business.
[From Reuters: Business News]
Uber in talks to buy food delivery firm Deliveroo: Bloomberg
1 hour ago
Ride-hailing company Uber Technologies Inc [UBER.UL] is in early talks to buy food delivery company Deliveroo, Bloomberg reported on Thursday, citing people familiar with the matter.
[From Reuters: Business News]
Barrett Business Services settles accounting fraud charges: SEC
1 hour ago
The U.S. Securities and Exchange Commission said on Thursday that Barrett Business Services Inc and the company's former controller, Mark Cannon, have agreed to settle civil charges of accounting fraud involving workers' compensation.
[From Reuters: Business News]
NY court overturns $115 million patent judgment against Samsung
1 hour ago
The New York State Court of Appeals on Thursday overturned a $115 million judgment against Samsung Electronics Co Ltd over television patents.
[From Reuters: Business News]
Stocks hit new highs as trade worries ease, dollar slips
2 hours ago
World stock markets rallied on Thursday, with the Dow and S&P 500 setting new highs, while the U.S. dollar slipped as investors viewed this week's fresh U.S. and Chinese tariffs on imports as less harsh than initially feared.
[From Reuters: Business News]
Google defends Gmail data sharing, gives few details on violations
2 hours ago
Alphabet Inc's Google gave details about its policies for third-party Gmail add-ons but stopped short of fully addressing questions from U.S. senators about developers who break its email-scanning rules.
[From Reuters: Business News]
Amazon adds Echo devices for home and car in bid to dominate voice gadgets
2 hours ago
Amazon.com Inc on Thursday introduced a dozen new Echo speakers and related gadgets in a bid to stay ahead of rivals Apple Inc and Alphabet Inc's Google in the nascent category for voice-controlled devices.
[From Reuters: Business News]
Vista Global sees higher demand for Bombardier 7500 after certification
3 hours ago
Canadian aircraft leasing company Global Vista, one of the largest customers for Bombardier's long-range Global 7500 business jet, said on Thursday it expects greater demand for the plane after Canadian and U.S. regulators certify the aircraft.
[From Reuters: Business News]
Four General Electric power turbines shut down in U.S. due to blade issue
3 hours ago
General Electric Co said on Thursday that four of its new flagship power turbines in the United States have been shut down due to an "oxidation issue" and warned it expects the problem to affect more of the 51 units it has shipped, sending shares lower.
[From Reuters: Business News]
AT&T asks U.S. appeals court to uphold approval of Time Warner acquisition
3 hours ago
AT&T Inc on Thursday asked a federal appeals court to reject the Justice Department's challenge to its acquisition of Time Warner, saying the government had offered no basis for second guessing key conclusions of a ruling upholding the transaction.
[From Reuters: Business News]
Opel to further scale back production at Ruesselsheim: report
4 hours ago
Carmaker Opel, a unit of France's PSA Group , is planning to further scale back production at its Ruesselsheim plant, a local newspaper group reported on Friday.
[From Reuters: Business News]
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