| | | Racial bias persists at Morgan Stanley, new lawsuit claims | | | NEW YORK (Reuters) - Morgan Stanley has reneged on promises to stop discriminating against black employees, according to a lawsuit by a former broker who said he was fired after complaining about racial bias, including in pay and career opportunities. In a complaint filed on Thursday in Manhattan federal court, John Lockette said he was given negative performance reviews, denied raises and bonuses, deemed too "verbose," and subjected by one supervisor to the nickname "Johnny" because he was b |
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| | | Trucks, SUVs shine in mixed U.S. January sales, cars less so | | | DETROIT (Reuters) - Automakers posted mixed U.S. new vehicle sales data for January, with American consumers showing little sign they will stop abandoning passenger cars for the larger pickup trucks, SUVs and crossover models that manufacturers also love because they are far more profitable. |
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| | | Airbnb says no IPO in 2018, names first COO | | | SAN FRANCISCO (Reuters) - Short-term home rental service Airbnb Inc will not go public this year, the company said on Thursday, and it appointed its first chief operating officer as it pursues global growth and tighter management of its finances as a more mature company. |
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| | | Bond yields jump as stocks ease on investor jitters | | | NEW YORK (Reuters) - Bond yields shot up and global equity markets were jumpy on Thursday as investor jitters over the likelihood of rising inflation and high stock valuations dampened the appetite for risk assets after a euphoric January in markets. |
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| | | UPS shares slide on 2018 outlook, spending plans | | | (Reuters) - United Parcel Service Inc shares slid 7.0 percent on Thursday after it gave a 2018 earnings forecast that fell short of analyst estimates and said it would spend at least $6.5 billion this year improving its delivery network. |
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