We’ve changed, Uber tells court in battle to keep London license
LONDON (Reuters) – Uber [UBER.UL] accepted it had made mistakes but said it had changed on Monday in a court challenge to a decision stripping it of its London license after it was ruled unfit to run a taxi service in its most important European market…
Wall Street drops as trade fears keep investors on edge
(Reuters) – Wall Street fell on Monday, with technology and industrials bearing the brunt of an escalating trade dispute between the United States and other leading economies.
U.S. Supreme Court backs American Express in merchant fee dispute
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday sided with American Express Co and against 11 states, ruling that the company’s policy of forbidding merchants from encouraging customers to use rival credit cards with lower fees does not violate…
Rebound in South powers U.S. new home sales in May
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased more than expected in May as sales in the South surged to their highest level in nearly 11 years.
U.S. top court rejects Nomura and RBS appeal in mortgage-backed securities case
WASHINGTON (Reuters) – The U.S. Supreme Court declined on Monday to hear an appeal brought by Nomura Holdings Inc and the Royal Bank of Scotland Group PLC seeking to overturn an order requiring them to pay $839 million for making false statements while…
U.S. new home sales surge in May, boosted by South
WASHINGTON, (Reuters) – Sales of new U.S. single-family homes increased more than expected in May as sales in the South surged to their highest level in nearly 11 years.
Advent to acquire GE’s distributed power business for $3.25 billion
FRANKFURT (Reuters) – U.S. buyout group Advent has agreed to buy General Electric’s (GE) distributed power operations for $3.25 billion, the companies said on Monday.
Trade worries weigh on Wall Street, tech stocks suffer
(Reuters) – Wall Street’s main indexes dropped on Monday as a move to check Chinese investments in U.S. technology firms further raised tensions between the United States and its trading partners.
We’ve changed, Uber says, in court battle to keep London license
LONDON (Reuters) – Uber [UBER.UL] accepted it had made mistakes but said it had changed as it went to court on Monday to overturn a decision stripping it of its license in London after it was ruled unfit to run a taxi service in its most important Euro…
U.S. rate-rigging payouts top $500 million as final banks settle
NEW YORK (Reuters) – Investors have reached $96 million in settlements with the final five defendants in private U.S. litigation accusing banks of rigging a key interest rate benchmark in the global derivatives market, boosting the total payout to more…
