Financial News

Molly Sue Gambill
November 19, 2019
AP-NC Newswatch
November 19, 2019
Financial News

 

 

 

European shares higher, mixed in Asia… Japanese authorities rule Toyota worker’s suicide work-related…Rocky 3rd qtr for Home Depot

 

TOKYO (AP) – Shares advanced in early European trading today after a mixed session in Asia as investors awaited fresh developments in trade talks between the United States and China. France’s CAC 40 added 0.3%, while Germany’s DAX rose 0.4%. Britain’s FTSE 100 gained 0.4%. In Asia, Japan’s Nikkei closed down 0.5%, South Korea’s Kospi slipped 0.3% and Hong Kong’s Hang Seng gained 1.6%. The Shanghai Composite index jumped nearly 0.9%. Wall Street is expected to open higher with Dow and S&P futures both up 0.2%

 

PARIS (AP) – Google Vice President Jacqueline Fuller says the company is having “a lot of conversations” internally amid consumer worries about data access and manipulated algorithms. In an AP interview, Fuller wouldn’t comment on specific data privacy controversies, but says she has the same concerns many do about Big Tech: Cyberbullying. Hate speech. The impact of artificial intelligence.

 

TOKYO (AP) – Japanese authorities have ruled that an engineer at Toyota was suffering from power harassment on the job when he killed himself after being constantly ridiculed by his boss. Toyota Motor Corp. acknowledges the case after reports of the ruling emerged today and says it hopes to prevent further such cases. The attorney for the victim’s family says the 28-year-old had been called an idiot repeatedly by his boss, and was told that he should die.

 

DUBAI, United Arab Emirates (AP) – Airbus says British budget carrier easyJet will buy 12 more A320neos it previously had options to purchase, pushing the airline’s total order for the single-aisle plane to 159. The airline operates mostly across Europe with a fleet of entirely Airbus aircraft, serving 155 European airports. On Monday, Airbus secured $30 billion in sales at the Dubai Airshow while competitor Boeing got a boost for its troubled 737 Max jets when Turkey’s SunExpress announced it would purchase 10 more for its fleet.

 

UNDATED (AP) – Home Depot had a rocky third quarter, with revenue and a key sales figure missing analysts’ expectations. The home improvement company also cut its forecasts for full-year revenue and comparable sales. Shares dropped 5.8% before the market open today. For the three months ended Nov. 3, Home Depot Inc. earned $2.77 billion, or 2.53 per share. A year earlier, the Atlanta-based company earned $2.87 billion, or $2.51 per share.

 

 

AP-WF-11-19-19 1145GMT