Business

Trump attacks Amazon, again, over U.S. postal rates

(Reuters) – U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world’s biggest online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax. Trump’s comments on Twitter reiterated criticisms he made on Thursday about the company.…

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Deutsche Bank eyes ex-UBS manager Zeltner as next CEO: Spiegel

BERLIN (Reuters) – Deutsche Bank’s (DBKGn.DE) chairman Paul Achleitner is considering making Juerg Zeltner, the former head of the wealth management business of Swiss bank UBS(UBSG.S), the successor to Chief Executive John Cryan, Spiegel magazine reported on Friday. FILE PHOTO – Juerg Zeltner, President of UBS Wealth Management is pictured during an…

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Eager for calming news, investors look to earnings

NEW YORK (Reuters) – Nervous stock investors are hoping an unusually U.S. strong earnings season can restore some of the optimism that characterized equity markets last year. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 26, 2018. REUTERS/Brendan McDermid Imploding technology stocks and…

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Zuckerberg disavows memo saying all user growth is good

SAN FRANCISCO (Reuters) – A Facebook Inc executive said in an internal memo in 2016 that the social media company needed to pursue adding users above all else, BuzzFeed News reported on Thursday, prompting disavowals from the executive and Facebook Chief Executive Officer Mark Zuckerberg. Facebook CEO Mark Zuckerberg speaks on stage…

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