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#Cyclical Consumer Goods and Services (TRBC)

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Tesla delays big rig truck debut- Model 3 in `production hell`

Tesla Inc (TSLA.O) Chief Executive Elon Musk on Friday pushed back the unveiling of the company's big rig truck until mid-November, tweeting that the electric vehicle maker was diverting resources to fix production bottlenecks of its new Model 3 sedan and to h... More »

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Data-center provider Switch surges in debut

Shares of Switch Inc, which provides data center services to Amazon, eBay and JP Morgan among others, rose as much as 45 percent in their market debut on Friday, giving the company a market capitalization of more than $5.6 billion. More »

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Shrinking margins cloud Costco`s profit beat, shares fall

Costco Wholesale Corp's (COST.O) quarterly profit scraped past estimates, helped by a hike in membership fees, but a fall in gross margins fueled concerns of an intensifying grocer price war, sending shares down 3.6 percent in after-market trading. More »

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British minister to push Silicon Valley on countering militants

FILE PHOTO: Britain’s Home Secretary, Amber Rudd, arrives in Downing Street for a cabinet meeting, in central London, Britain June 20, 2017. Britain’s interior minister will use a visit to Silicon Valley on Tuesday to ask the world’s biggest social media and i... More »

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Polish street artists out to revive sleepy Bulgarian village

Local villager Lazar, walks past murals on the wall of his house, depicting him and Britain’s Prime Minister Theresa May, in the village of Staro Zhelezare, Bulgaria, July 28, 2017. A group of young Polish artists are bringing a splash of colorful street art t... More »

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Canadian auto sales jump in June, racking up another record

A water tank with the GM logo is seen at the General Motors Assembly Plant in Valencia, April 21, 2017. REUTERS/Marco Bello Canadian auto sales set another record in June, making for a solid performance in the first half of the year as customer demand for ligh... More »

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Tesla`s Musk says Model 3 gets regulatory nod for production

Tesla Motors’ mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo Tesla Inc’s high-volume Model 3 sedan passed all regulatory requirements for production two weeks ... More »

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Waymo retires Firefly to focus on mass-produced vehicles

The Waymo logo is displayed during the company’s unveil of a self-driving Chrysler Pacifica minivan during the North American International Auto Show in Detroit, Michigan, U.S., January 8, 2017. REUTERS/Brendan McDermid Alphabet Inc’s self-driving car unit Way... More »

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GM shareholders to decide on Greenlight stock plan, board challenge

The GM logo is seen at the General Motors Assembly Plant in Valencia, Venezuela April 21, 2017. REUTERS/Marco Bello Greenlight Capital’s plan to split up General Motors Co’s (GM.N) stock, as well as its challenge to the company’s board of directors, will come ... More »

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Germany says makes progress with China on electric car quotas

China’s Foreign Minister Wang Yi (R) meets German Foreign Minister Sigmar Gabriel at the Ministry of Foreign Affairs in Beijing, China May 24, 2017. REUTERS/Jason Lee Germany has made good progress with China on how to introduce quotas aimed at producing more ... More »

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Twenty-First Century Fox misses Wall Street sales target

FILE PHOTO – The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S. on April 29, 2016. REUTERS/Brendan McDermid/File Photo Twenty-First Century Fox Inc (FOXA.O), the television and film company controlled by Ru... More »

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U.S. soda sales drops for 12th straight year: trade publication

Regular and mini cans of Coke and Pepsi are pictured in this photo illustration in New York August 5, 2014. REUTERS/Carlo Allegri Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by tra... More »

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Wal-Mart offers discounts for online orders picked up in store

A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. To match Insight WALMART-BRAZIL/ REUTERS/Nacho Doce Wal-Mart Stores Inc will offer ‘pickup discounts’ to U.S. shoppers on items they order online and pick up ... More »

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Yahoo`s EU regulator to complete email investigation within weeks

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain, February 24, 2016. REUTERS/Albert Gea/File Photo/File Photo Yahoo’s European regulator said it is preparing to give the U.S. Internet company the results of an investigation in... More »

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Tesla delivers quarterly record of 25,000 vehicles in first quarter

People walk past a planned store of Tesla in Hanam, South Korea, December 22, 2016. REUTERS/Kim Hong-Ji Tesla Inc (TSLA.O), the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly rec... More »

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Caterpillar shuts plant in Aurora, Illinois, that employs 800

A Caterpillar corporate logo is pictured on a building in Peoria, Illinois, U.S. March 19, 2017. REUTERS/Carlo Allegri Caterpillar Inc (CAT.N) said on Friday it will shut its Aurora, Illinois, plant, costing about 800 employees their jobs as the world’s larges... More »

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China`s Geely doubles earnings as Volvo tech boosts sales

FILE PHOTO: Employees work along a Geely Automobile Corporation assembly line in Cixi, Zhejiang province June 21, 2012. REUTERS/Carlos Barria/File Photo China’s Geely Automobile Holdings Ltd (0175.HK) posted its biggest profit growth in eight years on Wednesda... More »

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Twitter software helps find, ban users advocating violence

FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo Twitter Inc (TWTR.N) said on Tuesday it had stepped... More »

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BAT says strong demand for `glo` smokeless tobacco

FILE PHOTO: People walk past the British American Tobacco offices in London, Britain October 21, 2016. REUTERS/Stefan Wermuth/File Photo British American Tobacco (BAT) said demand for its “glo” tobacco heating device overwhelmed supply in its Japan test market... More »

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PSA agrees to buy Opel in deal valuing GM unit at 2.2 billion euros

FILE PHOTO: A combination picture shows the logos of Opel and Peugeot car manufacturers at dealerships of the brands in Strasbourg, France, February 14, 2017. REUTERS/Vincent Kessler/File Photo PSA Group (PEUP.PA) has agreed to buy European rival Opel from Gen... More »

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Uber used secret tool to evade authorities

A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration/Files Ride services company Uber Technologies Inc [UBER.UL] fo... More »

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Salesforce.com forecasts lower-than-expected Q1 profit- shares fall

The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily Jamali Salesforce.com Inc (CRM.N) raised its revenue forecast for its full fiscal year to slightly above analysts expectations but lowered its outlo... More »

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Tesla says Model 3 on track for volume production by September

A wheel of a prototype of the Tesla Model 3 on display in front of the factory during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II/File Photo Tesla ... More »

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Domestic demand drives German growth in fourth quarter

People carry bags outside a shopping mall on the last day of Christmas shopping in Berlin December 23, 2014. REUTERS/Hannibal Hanschke The German economy quadrupled its growth rate to 0.4 percent in the fourth quarter of 2016 as higher state spending, rising p... More »

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Fitbit forecasts current-quarter revenue below estimates

The ticker symbol for Fitbit is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) February 23, 2016. REUTERS/Brendan McDermid Fitbit Inc forecast lower-than-expected revenue for the current quarter, underscoring the we... More »

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Sirius XM wins dismissal of Turtles copyright lawsuit in New York

A Sirius Satellite Radio unit is shown installed in a private vehicle in Washington February 20, 2007. REUTERS/Jason Reed Sirius XM Holdings Inc on Thursday won the dismissal of a New York copyright lawsuit over the satellite radio company’s playing of older s... More »

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PepsiCo profit beats on demand for healthy snacks, drinks

FILE PHOTO – A bottle of Pepsi is seen in this file photo illustration February 10, 2015. REUTERS/Jim Young/Illustration/Files PepsiCo Inc (PEP.N) reported a better-than-expected quarterly profit, as the company benefited from its cost-cutting programs and hig... More »

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Toshiba says `not ready`, delays earnings, nuclear writedown

The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has unexpectedly delayed the release of its quarterly earnings and details of a multi-billion dollar writedown to its nuc... More »

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Toshiba seeks to postpone earnings release, will probe Westinghouse

The logo of Toshiba Corp is seen as Window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) said it has asked regulators to allow it to delay the release of its earnings, including... More »

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Toshiba delays release of nuclear writedown, says `not ready`

The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. Picture taken February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has delayed its earnings release, including details of a multi-billion charge related to... More »

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Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban

Starbucks Corp Chief Executive Howard Schultz, pictured with images from the company’s new ”Race Together” project behind him, speaks during the company’s annual shareholder’s meeting in Seattle, Washington March 18, 2015. REUTERS/David Ryder Starbucks Corp Ch... More »

Wells Fargo says account openings fall in November

A Wells Fargo Bank is shown in Charlotte, North Carolina, U.S., September 26, 2016. REUTERS/Mike Blake Wells Fargo & Co (WFC.N) reported another decline in monthly consumer account openings, indicating that the bank is having trouble rebuilding its reputation ... More »

Pilots at Lufthansa announce further strikes this week

Planes stand on the tarmac during a pilots strike of German airline Lufthansa at Frankfurt airport, Germany, November 23, 2016. REUTERS/Ralph Orlowski German pilots union VC has announced further strikes at Lufthansa (LHAG.DE) for Tuesday and Wednesday this we... More »

Facebook warns growth will slow, shares dip

3D-printed models of people are seen in front of a Facebook logo in this photo illustration taken June 9, 2016. REUTERS/Dado Ruvic/Illustration Facebook Inc (FB.O) shares tumbled 7 percent in after-hours trading on Wednesday as the world’s largest online socia... More »

Fitbit forecasts dismal holiday quarter, shares sink

The ticker symbol for Fitbit is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) February 23, 2016. REUTERS/Brendan McDermid Wearable fitness device maker Fitbit Inc’s (FIT.N) revenue forecast for the key-holiday shop... More »

Outlook dims for Singapore Inc as economy moonwalks

A man carrying an umbrella passes as storm clouds gather over Shell’s Pulau Bukom oil refinery in Singapore, December 17, 2014. REUTERS/Edgar Su/File Photo During Singapore’s full moon festival last month, employer John Kong was focused more on cost-cutting th... More »

U.S. office vacancy rate flat for third straight quarter: Reis

Shadows from the sun enhance the geometrical design on the facade of a skyscraper on a autumn day in New York November 10, 2014. REUTERS/John Schults U.S. national vacancy rate for the office sector in the third quarter was flat from the second, even as vacanc... More »

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FDA warns against use of homeopathic teething products

The U.S. Food and Drug Administration warned against the use of homeopathic teething tablets and gels on Friday, citing potential risks to infants and children and prompting CVS Health Corp Inc to withdraw the products. More »

Feathers and nostalgia add glam to Prada spring collection

Models present creations at the Prada fashion show during Milan Fashion Week Spring/Summer 2017 in Milan, Italy, September 22, 2016. REUTERS/Max Rossi Retro trenchcoats, feathered cuffs and brightly colored patterns hinting at the 1960s and 70s were among the ... More »

With U.S. drone rules set, firms race for flight data

A drone, made by CyPhy Works, carries a UPS package on Children’s Island off the coast of Beverly, Massachusetts during UPS’s demonstration of a drone making a commercial delivery of a package to a remote or difficult-to-access location. REUTERS/Brian Snyder U... More »

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s2.reutersmedia.net/resources/r/?m=02&d=20160811&t=2&i=1149242531&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7A0M4s2.reutersmedia.net/resources/r/?m=02&d=20160811&t=2&i=1149242531&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7A0M4Arianna Huffington to leave Huffington Post to focus on start-up

Arianna Huffington, president and Editor-in-Chief of The Huffington Post Media Group attends a session at the World Economic Forum (WEF) in Davos January 25, 2014. REUTERS/Denis Balibouse Huffington Post co-founder Arianna Huffington said on Thursday she would... More »

Panasonic to abandon 10 trillion yen 2019 sales target: Nikkei

Japanese electronics maker Panasonic Corp will scrap its 10 trillion yen ($88.93 billion) group sales target for fiscal year ending March 2019 due to a cooling global business environment, the Nikkei reported. The company is now targeting sales of about 9 tril... More »

‘Home’ run, licensing fees power DreamWorks blockbuster show

Hollywood studio DreamWorks Animation SKG Inc reported better-than-expected quarterly revenue and profit, helped by the worldwide television release of its movie “Home” and higher licensing fees. Shares of the company, which produced the popular “Shrek” and “K... More »

Al Jazeera America to lay off 197 employees

Al Jazeera America, the cable television news outlet controlled by Qatar’s royal family, has issued a WARN (Worker Adjustment and Retraining Notification Act) notice, stating that it will lay off 197 employees with the shut down of its operations in America. T... More »

Foursquare CEO steps down- company raises $45 million in funding

Foursquare’s chief executive, Dennis Crowley, is stepping down and will be succeeded by Jeff Glueck, the company’s current chief operating officer. Foursquare, which makes apps that helps users find restaurants and stores and “check” into them, also raised $45... More »

Netflix goes global, reaches most countries except China

Netflix Inc’s video-streaming service went live in more than 130 countries on Wednesday, covering almost the entire globe except China, in a huge global push by Chief Executive Reed Hastings to counter slowing growth in the United States. Shares of the company... More »

Sirius XM signs new five-year deal with Howard Stern

Satellite radio company Sirius XM Holdings Inc and “shock jock” Howard Stern have renewed their five-year deal for his popular “Howard Stern Show,” ending the uncertainty around the fate of the decade-long association. The news comes after years of Sirius, maj... More »

Gannett Co to buy Journal Media for $280 million

Gannett Co Inc, publisher of USA Today, said on Wednesday it will buy Journal Media Group for $280 million. The price of $12 a share represents an almost 45 percent premium to Journal Media’s closing share price of $8.29 Tysons Corner, Virginia-based Gannett s... More »