  | | | U.S. factory, auto sales data bolster growth outlook | | WASHINGTON (Reuters) - U.S. manufacturing activity rose at a steady clip in June and major automakers reported better-than-expected sales, pointing to momentum in the economy after a turbulent start to the year. | | |  | | | Twitter names former Goldman executive Noto as CFO | | (Reuters) - Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances. Twitter shares rose as much as 4.8 percent after the messaging service announced its latest upper-management shake-up. The previous CFO, Mike Gupta, was named senior vice president of strategic investments on Tuesday. | | | |  | | | Dow, S&P end at records, starting July with a bang | | NEW YORK (Reuters) - U.S. stocks rallied on Tuesday, with both the Dow and S&P 500 setting record closing highs on the first trading day in July as manufacturing activity picked up in the United States and Asia, increasing optimism about the global economy's health. | | | |  | | | U.S. imposes record fine on BNP in sanctions warning to banks | | NEW YORK/WASHINGTON/PARIS (Reuters) - French bank BNP Paribas has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations that it had violated U.S. sanctions against Sudan, Cuba and Iran, in a severe punishment aimed at sending a clear message to other financial institutions around the world. | | | |  | | | American Airlines close to $2.6 billion order for CFM engines: sources | | SEATTLE (Reuters) - American Airlines Group is close to finalizing an order for 200 CFM International engines, worth $2.6 billion at list prices, to equip 100 Airbus Group NV A320neo jetliners that the airline has on firm order, according to three people familiar with the matter. | | | |  | | | Allergan readies defense as it fights Valeant for votes | | NEW YORK and LOS ANGELES (Reuters) - Allergan Inc may take on debt to buy back its own shares as part of a multi-faceted plan to thwart a $53 billion takeover bid by Valeant Pharmaceuticals International Inc and activist investor William Ackman. | | | |  | | | U.S. auto sales in June keep up strong recent pace | | DETROIT (Reuters) - Most major automakers reported better-than-expected U.S. sales in June, capping a strong second-quarter comeback from a brutal winter, but some companies displayed signs of softening demand for their most popular models. | | | |  | | | Alstom minority investors criticise GE deal | | PARIS (Reuters) - Minority shareholders in Alstom criticised its planned tie-up with General Electric , saying they had not been given enough information, and some voiced concern about the French government's influence as a result of the deal. | | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
