Maduro seizes Kellogg plant after it leaves Venezuela due to crisis
CARACAS (Reuters) – U.S.-based cereal maker Kellogg Co (K.N) on Tuesday pulled out of Venezuela due to the country’s deep…
Tesla plans six-day stoppage at factory for assembly line fixes: sources
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) will pause production at its California factory for six days at the end…
A bid to save $300 million at HCR ManorCare, and disrupt U.S. healthcare
CHICAGO (Reuters) – Thomas DeRosa is making a $4 billion bet that he can build a national, low-cost healthcare network…
Nestle to cut more sugar and salt in its products
VEVEY, Switzerland (Reuters) – Nestle will make further cuts to the amount of sugar, salt and saturated fats in its…
Home Depot posts rare sales miss as delayed spring hits demand
(Reuters) – Home Depot Inc (HD.N) on Tuesday missed Wall Street forecasts for sales at established stores, as an unusually…
Stock futures add to losses after retail sales data
(Reuters) – U.S. stock index futures added to their losses on Tuesday after data showed retail sales increased moderately in…
Qualcomm-NXP deal still on hold in China, trade talks with U.S. eyed: sources
BEIJING/SHANGHAI (Reuters) – Qualcomm’s proposed $44 billion takeover of rival NXP Semiconductors is yet to see a concrete breakthrough in…
Israeli minister says Intel board approves Israel expansion
JERUSALEM (Reuters) – Israeli Economy Minister Eli Cohen said on Tuesday he was told by U.S. chipmaker Intel Corp that…
Turkey’s lira slides after Erdogan says wants greater economic control
ISTANBUL (Reuters) – Turkey’s lira slid to a record low and bond yields briefly touched their highest in at least…
Turkey’s Erdogan plans to take greater control of economy: Bloomberg
ISTANBUL (Reuters) – Turkey’s Tayyip Erdogan said he plans to take greater control of the economy after presidential elections next…
Toshiba says memory chip unit sale to boost annual profit by a third
TOKYO (Reuters) – Japan’s Toshiba Corp said it expects net income to jump 33 percent this financial year thanks to…
J&J defends itself in trial over baby powder asbestos claims
(Reuters) – A trial for a lawsuit alleging that Johnson & Johnson Baby Powder was responsible for the death of…
Gaming investors eye jackpot from U.S. sports betting ruling
New York (Reuters) – Shares in gaming and casino companies jumped on Monday, led by Scientific Games Corp (SGMS.O), as…
Study finds Uber’s growth slows after year of scandal; Lyft benefits
SAN FRANCISCO (Reuters) – Uber Technologies Inc’s growth has slowed as a series of scandals has allowed the ride-hailing company’s…
CBS sues controlling Redstone family in bid for independence
(Reuters) – CBS Corp filed a lawsuit on Monday to reduce the voting power of controlling shareholder National Amusements Inc,…
NAFTA math may not add up to more U.S. auto jobs
DETROIT (Reuters) – Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States…
Aiming for clearer skies: Air France-KLM to name interim CEO on Tuesday
PARIS (Reuters) – Air France-KLM’s (AIRF.PA) board meets on Tuesday morning to appoint an interim chief executive for the Franco-Dutch…
Xerox abandons planned deal with Fujifilm in victory for Icahn and Deason
NEW YORK/TOKYO (Reuters) – Xerox Corp (XRX.N) has scrapped a planned $6.1 billion deal with Fujifilm Holdings Corp (4901.T) in…
Facebook suspends 200 apps over data misuse investigation
(Reuters) – Facebook Inc has so far suspended around 200 apps in the first stage of its review into apps…
U.S. safety agency wants meetings with automakers on Takata recall
WASHINGTON (Reuters) – The National Highway Traffic Safety Administration said Monday it had written 12 major automakers, asking for meetings…
Trump’s comments on China’s ZTE draw security concerns
WASHINGTON (Reuters) – President Donald Trump’s pledge to help China’s ZTE Corp “get back into business, fast” and save Chinese…
CBS sues controlling shareholder Redstone to stop Viacom merger plan
(Reuters) – CBS Corp on Monday filed a lawsuit to stop controlling shareholder Shari Redstone continuing with her plan to…
CBS sues Redstones firm over Viacom merger
(Reuters) – CBS Corp (CBS.N) on Monday asked a court to block controlling shareholder Shari Redstone from interfering at a…
HSBC says performs first trade finance deal using single blockchain system
HONG KONG (Reuters) – HSBC Holdings Plc (HSBA.L) said on Monday it has performed the world’s first trade finance transaction…
Credit raters put pressure on Deutsche Bank over new strategy
FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) new chief executive Christian Sewing needs to come up with a convincing strategy swiftly…
ZTE employees in China cheer Trump tweet
HONG KONG (Reuters) – Employees of ZTE Corp, the Chinese telecom equipment maker, are cheering a tweet by U.S. President…
JPMorgan submits application for majority-owned China securities business
HONG KONG (Reuters) – JPMorgan Chase & Co (JPM.N) said on Monday it had submitted an application to the Chinese…
Japan Airlines to set up low-cost carrier, targeting Asian demand
TOKYO (Reuters) – Japan Airlines Co Ltd (JAL) (9201.T) is launching a low-cost carrier offering medium to long-haul flights, aiming…
GM Korea cancels news briefing as temporary workers storm venue
BUPYEONG, South Korea (Reuters) – General Motors Co’s (GM.N) South Korean unit canceled a news conference on Monday after a…
Japan Airlines says to set up low-cost carrier
TOKYO (Reuters) – Japan Airlines Co Ltd (JAL) (9201.T) said on Monday it would set up a low-cost carrier offering…
HSBC says performs first trade finance transaction using blockchain
HONG KONG (Reuters) – HSBC Holdings Plc (HSBA.L) said on Monday it had performed the world’s first trade finance transaction…
Xerox says ending Fujifilm deal, settles with Icahn, Deason
NEW YORK (Reuters) – Xerox Corp (XRX.N) said on Sunday it was ending its planned deal with Fujifilm Holdings Corp…
Conoco has seized Venezuela PDVSA products from Isla refinery: Curacao
(Reuters) – U.S. oil major ConocoPhillips (COP.N) has seized products belonging to Venezuelan state oil company PDVSA from the Isla…
In concession, Trump says will help China’s ZTE ‘get back into business’
WASHINGTON (Reuters) – U.S. President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department…
Wall Street rises with healthcare rally after Trump’s speech
(Reuters) – The S&P 500 rose on Friday, helped by healthcare stocks after President Donald Trump blasted high drug prices…
BlackRock may keep fees despite executive’s U.S. campaign donation: SEC
NEW YORK (Reuters) – BlackRock Inc can keep fees from the state of Ohio despite a donation one of its…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest…
Conoco authorized to seize $636 million in Venezuela PDVSA assets
WILLEMSTAD Reuters – – A Curacao court has authorized ConocoPhillips (COP.N) to seize about $636 million in assets belonging to…
Apple is almost a $1 trillion company, but watch out for Amazon
SAN FRANCISCO (Reuters) – Apple is on the verge of becoming the first $1 trillion publicly listed U.S. company, but…
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc (WMT.N) said on Saturday in a filing with a U.S. regulator that it may take…
AT&T CEO: We made ‘big mistake’ hiring Cohen, chief lobbyist out
(Reuters) – AT&T Inc (T.N) on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive said…
China’s ZTE paid over $2.3 billion to U.S. exporters last year, ZTE source says
(Reuters) – Chinese technology company ZTE Corp 0000063.SZ (0763.HK), which this month suspended its main operations after a U.S. Commerce…
Ford could reopen two U.S. truck plants next Friday: source
(Reuters) – Ford Motor Co (F.N) could resume production of its best-selling F-150 pickups as early as Friday, May 18…
Exclusive – AT&T CEO: We made ‘big mistake’ hiring Cohen, chief lobbyist out
(Reuters) – AT&T Inc (T.N) on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive said…
Wall Street opens little changed, tech drags
(Reuters) – Wall Street indexes opened little changed on Friday as losses in Symantec and Nvidia offset gains in healthcare…
Crypto concerns push Nvidia shares lower
(Reuters) – Shares of Nvidia Corp (NVDA.O) fell 2 percent on Friday as investors worried that a short-term surge in…
Trump to sit down with major automakers on Friday on fuel rules
WASHINGTON (Reuters) – U.S. President Donald Trump will meet 10 major automakers at the White House on Friday to discuss…
China’s multi-story hog hotels elevate industrial farms to new levels
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head…
Health charity Wellcome pledges funds, calls for rapid response to Ebola in Congo
(Reuters) – Britain’s Wellcome Trust global health charity called for a rapid response to an outbreak of Ebola in the…
Silver Lake to buy Zoopla and PrimeLocation for $3 billion
(Reuters) – Silver Lake Management Company has agreed to acquire ZPG plc (ZPG.L), the owner of British property websites Zoopla…
Mazda names Americas head as CEO, as North America expansion in focus
TOKYO (Reuters) – Mazda Motor Corp (7261.T) has named the head of its Americas operations as its next president and…
Insight: China’s multi-story hog hotels elevate industrial farms to new levels
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head…
Goldman Sachs, Apple to launch joint credit card: WSJ
(Reuters) – Goldman Sachs (GS.N) and Apple Inc (AAPL.O) are preparing to launch a joint credit card, the Wall Street…
Wells Fargo on track for $4 billion in expense reductions
BOSTON (Reuters) – Wells Fargo & Co (WFC.N) on Thursday said it expects efficiency efforts to cut expenses by $2…
U.S. East Coast refiners look to Texas crude for discounted oil
NEW YORK (Reuters) – U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to heavy…
Walmart to buy controlling stake in India’s Flipkart for $16 bln
MUMBAI/NEW YORK (Reuters) – Walmart Inc (WMT.N) will pay $16 billion for a roughly 77 percent stake in Indian e-commerce…
Vodafone challenges Deutsche Telekom with $21.8 billion Liberty deal
LONDON (Reuters) – Vodafone (VOD.L) has agreed to pay $21.8 billion to buy Liberty Global’s (LBTYA.O) assets in Germany and…
Jazz Pharmaceuticals to settle U.S. probe for $57 million
BOSTON (Reuters) – Jazz Pharmaceuticals Plc said on Tuesday it had agreed to pay $57 million to resolve a U.S.…
FDA says Mylan’s EpiPen is in shortage
(Reuters) – U.S. regulators said on Wednesday that Mylan NV’s (MYL.O) EpiPen products are in shortage, due to manufacturing delays…