 | | | | NEW YORK (Reuters) - The S&P 500 eked out a small gain while the Dow ended lower after a volatile trading session on Wednesday, with weakness in sectors such as consumer staples and financials offsetting strong gains in the energy and industrial indexes. | | | | | | WASHINGTON (Reuters) - "Robust" business borrowing, rising consumer spending, and tight labor markets indicate the U.S. economy remains on track for continued growth, the Federal Reserve reported on Wednesday, with the risks of a global trade war the one big outlier. | | | | | | (Reuters) - SunPower Corp on Wednesday said it would buy U.S. solar panel maker SolarWorld Americas, expanding its domestic manufacturing as it seeks to stem the impact of Trump administration tariffs on panel imports. | | | | | | STRASBOURG (Reuters) - Facebook Inc's Chief Executive Mark Zuckerberg came under pressure from EU lawmakers on Wednesday to come to Europe and shed light on the data breach involving Cambridge Analytica that affected nearly three million Europeans. | | | | | | NEW YORK (Reuters) - World equity markets approached a four-week high on Wednesday as investors' appetite for riskier assets was boosted by upbeat earnings from companies in Europe and the United States. | | | | | | (This April 17 story corrects first paragraph to show Trillium is an asset manager not an activist hedge fund) | | | | | | WASHINGTON (Reuters) - Time Warner Chief Executive Jeff Bewkes on Wednesday defended his company's planned merger with AT&T as necessary to compete effectively for advertising with internet giants like Google and Facebook. | | | | | | HONG KONG (Reuters) - Ant Financial's rapid climb to become the world's biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly valuations can shift. Just two months ago, bankers and investors were tentatively talking of a figure closer to $100 billion. | | | | | | (Reuters) - Morgan Stanley reported record first-quarter profit on Wednesday thanks to a surge in trading activity, much like other Wall Street banks, but executives warned results through the rest of the year may not be quite as strong. | | | | | | (Reuters) - General Motors Co said on Wednesday that it was replacing Johan de Nysschen as head of its Cadillac brand, ahead of the launch of a new sport utility vehicle central to GM's hopes for luxury market growth. | | | | | | * CP REPORTS FIRST QUARTER REVENUE OF $1.66 BILLION; POSITIVE MOMENTUM HEADING INTO SECOND QUARTER | | | | | |
