Reuters - Daily Investor Update

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Thursday, November 30, 2017

Hundreds of American Air flights still lack pilots in December

NEW YORK (Reuters) - American Airlines still has hundreds of flights without pilots assigned to them in December, the company said on Thursday, after a scheduling error gave too many pilots time off.

Oil rises as OPEC extends cuts to end of 2018

NEW YORK (Reuters) - Oil rose on Thursday after OPEC and non-OPEC producers led by Russia agreed to extend output cuts until the end of 2018, while also signaling a possible early exit from the deal if the market overheats.

S&P hits record high close amid optimism over tax overhaul

NEW YORK (Reuters) - The S&P 500 hit a record closing high on Thursday and the Dow broke above the 24,000 mark for the first time as investor bet that U.S. Republicans would pass a U.S. tax overhaul.

Dialog shares tank on report Apple to design own power chips

FRANKFURT (Reuters) - Apple is designing its own power-management chips for use in iPhones as early as 2018, the Nikkei business daily reported on Thursday, triggering a more than 20 percent slide in shares of supplier Dialog Semiconductor.

Now hiring? Amazon says its voice aide Alexa is ready for the office

(Reuters) - Amazon.com Inc wants to be your new executive assistant at work.

Luxury auto brands adopt new strategies as the old run out of gas

LOS ANGELES (Reuters) - Success in the United States used to come easily for German automaker BMW AG , whose sporty sedans in three sizes would be snapped up by affluent consumers.

GM plans large-scale launch of self-driving cars in U.S. cities in 2019

SAN FRANCISCO/DETROIT (Reuters) - General Motors Co laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban environments in 2019, in a challenge to rivals such as Alphabet Inc's Waymo.

Sears' shares soar as loss narrows; sales continue decline

(Reuters) - Sears Holdings Corp cut its third quarter loss by almost $200 million compared to a year ago, the company said on Thursday, benefiting from lower operating costs as it shut scores of Kmart and Sears outlets.

Carl Icahn blasts SandRidge Energy's poison pill move

(Reuters) - SandRidge Energy Inc's top shareholder and activist investor Carl Icahn blasted the oil and gas company's move to adopt a poison pill plan amid strong opposition to its $746 million bid for Bonanza Creek Energy Inc.

CVS closes in on deal to buy health insurer Aetna: source

(Reuters) - CVS Health Corp is moving closer to a more than $66 billion cash and stock deal to buy health insurer Aetna Inc that could be announced as early as Monday, a source familiar with the matter said on Thursday.