Exclusive – Amazon to win EU e-book pricing tussle with Apple
BRUSSELS (Reuters) – European Union regulators are to end an antitrust probe into e-book prices by accepting an offer by Apple and four publishers to ease price restrictions on Amazon, two sources said on Tuesday.
Morgan Stanley seeks to halt Facebook arbitration case
(Reuters) – Morgan Stanley is trying to halt a securities arbitration case filed by a Facebook investor who blames the firm and other companies for losses she suffered in the social media giant’s botched initial public offering and is seeking $1.9 mill…
Ex-Swiss banker pleads guilty in tax dodging case
(Reuters) – A former Swiss banker pleaded guilty to fraud on Tuesday almost two years after the U.S. government placed him under limited home confinement as part of a long-running investigation of Swiss banks and American tax dodgers.
Markets want clear decision from presidential vote
NEW YORK (Reuters) – Traders and investors were in agreement on one thing as voters cast their ballots in Tuesday’s U.S. presidential election: The markets want a clear winner by Wednesday morning.
Insight: Boeing may take year to decide on mini-jumbo revamp
NEW YORK/PARIS (Reuters) – Boeing Co appears to be at least a year away from offering a new version of the 777, its most profitable jet, timing that would be later than some airline customers want and could push them into the arms of rival Airbus.
Nasdaq plans retail price improvement program for early 2013
NEW YORK (Reuters) – Nasdaq OMX Group , which runs the No. 2 U.S. equities exchange, plans to offer discounts on retail orders in early 2013, the company said in a notice to traders on Tuesday.
Ex-GM engineer, husband face trade-secret theft charges
DETROIT (Reuters) – A former General Motors Co engineer and her husband, charged with conspiring to steal the automaker’s trade secrets, were seen throwing out bags of shredded documents in a shopping plaza in 2006, FBI agents said on Tuesday.
Exclusive: American Century hires Ameriprise executive as COO
NEW YORK (Reuters) – American Century Investments has hired Patrick Bannigan, an Ameriprise Financial executive, as its new chief operating officer.
Romney’s hedge-fund backers plan to party on election night
By Svea Herbst-Bayliss, Katya Wachtel and Lauren Tara LaCapra
DuPont to cut 1,500 jobs as economic storm worsens
(Reuters) – DuPont reported a lower-than-expected quarterly profit on Tuesday and announced 1,500 job cuts as part of a cost savings program designed to offset falling sales around the world.