• Cohen's Point72 wants lawsuit over hostility to women sent to arbitration

    5 days ago - By Reuters

    NEW YORK - Billionaire investor Steven A. Cohen asked a U.S. judge to force a female executive to arbitrate her claims that his firm, Point72 Asset Management LP, maintains a hostile working environment where women are mistreated and paid less than men.
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  • Avon swings to a profit

    5 days ago - By Reuters

    Gains from the new U.S. law helped boost Avon's profit, but the decline in its army of sales women resulted in flat sales. Fred Katayama reports.
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  • Delta says some CSeries deliveries will likely be Canadian imports

    5 days ago - By Reuters

    NEW YORK - Delta Air Lines on Thursday said it intends to take as many U.S.-made Bombardier CSeries as possible, but at least some of its earlier deliveries will likely be Canadian imports due to contractual obligations on timing.
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  • US stocks keep gaining as tech, industrial companies rise

    5 days ago - By Chron

    NEW YORK - U.S. stocks are rising Thursday as investors continue to snap up shares of companies that do better in times of faster economic growth, such as industrial and technology companies and banks. A round of solid results from companies including Cisco Systems are also sending the market higher. Stocks are on track for their fifth gain in a row after they suffered their steepest drop in more than two years.
    KEEPING SCORE: The Standard & Poor's 500 index rose 17 points, to 0.7 percent, to 2,716 as of 10 a.m. Eastern time. The Dow Jones industrial average rose 221 points, or 0.9...
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  • Markets Right Now: Stock indexes open higher on Wall Street

    5 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Stocks are opening higher on Wall Street after several U.S. companies reported solid results.
    Cisco Systems, one of the 30 stocks in the Dow Jones industrial average, added 4.6 percent early Thursday after releasing earnings that were much higher than investors were expecting.
    TripAdvisor soared 11 percent after reporting a narrower loss than analysts expected.
    The gains put the market on track for its fifth consecutive gain. Stocks are still well below the record highs they set three weeks ago.
    The Standard & Poor's...
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  • Bombardier CEO calls U.S. trade agency reasoning 'good news'

    6 days ago - By Reuters

    MONTREAL - Bombardier Inc Chief Executive Alain Bellemare on Thursday described a U.S. trade agency's explanation for why it rejected hefty duties on the company's CSeries jet sales to American carriers as very "good news."
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