Wall Street cuts bonuses
January 19, 2018

Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive. Aleksandra Michalska reports.


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Avoid defensive sectors, says Eric Wiegand

U.S. Bank’s senior portfolio strategist tells Reuters’ Fred Katayama he favors growth and cyclical stocks.


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Autonomous driving not around the bend

Don’t expect to be driving autonomous cars any time soon, say analysts. And as Fred Katayama reports, you may not even own such a car when they become a reality.


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Saxophone maker braces for ownership change

The logo is over a century old but it’s the end of an era for this French manufacturer which produces what are considered among the best saxophones in the world as it prepares to hand over the reins of the family business to an investment fund. Francis Maguire reports.


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Amazon shortlists 20 cities for second headquarters
January 18, 2018

Amazon has short-listed 20 cities and regions, including one in Canada, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs. Aleksandra Michalska reports.


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A pause in markets rally is healthy – Ross Gerber

We’re excited for tech companies, such as Netflix, Apple and Facebook, to report earnings next week, says Ross Gerber, co-founder, president and CEO of Gerber – Kawasaki.


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Industrials drag Wall Street lower

The sizzling rally on Wall Street paused Thursday, pulled lower by interest-rate sensitive sectors like utilities and real estate. Fred Katayama reports.


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NAFTA braces for next talks after Trump threat

U.S. President Donald Trump on Wednesday said that terminating the North American Free Trade Agreement would result in the “best deal” to revamp the 24-year-old trade pact with Canada and Mexico in favor of U.S. interests. David Pollard reports on how the comments might impact next week’s sixth round of NAFTA renegotiation talks.


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Bitcoin slumps below $10,000 on growing fears of regulation

Bitcoin skidded a further 12 percent on Wednesday, marking an almost halving in value from its peak price, with investors spooked by fears regulators could clamp down on the volatile cryptocurrency that skyrocketed last year.


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Cyber security startups stumble despite hacking frenzy

These are not great days for cyber security companies looking to make stock market debuts as fortunes quickly get erased by an inability to keep up with hackers, competition from well-established players, and a change in the way large corporations buy cyber protection.


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