U.S. court revives Dr Pepper challenge to Coca-Cola ‘zero’ drinks
(Reuters) – A U.S. appeals court on Wednesday revived Dr Pepper Snapple Group Inc’s challenge to Coca-Cola Co’s effort to register trademarks for soft drinks and sports drinks whose names contain the word “zero.”
Tesla accuses former employee of hacking and transferring data
SAN FRANCISCO (Reuters) – Tesla Inc has sued a former employee claiming that he hacked the electric carmaker’s trade secrets and transferred large amounts of company data to third parties, according to a lawsuit filed in federal court in Nevada on Wed…
Deutsche Bank to pay $205 million to settle NY currency rigging charges
(Reuters) – Deutsche Bank AG has agreed to pay a fine of $205 million for violations of New York’s banking laws, the state’s department of financial Services said on Wednesday.
Teradata sues Germany’s SAP, alleging it stole trade secrets
FRANKFURT (Reuters) – SAP SE , Europe’s most valuable technology company, was sued on Wednesday by U.S. company Teradata , which accused it of stealing trade secrets, copyright infringement and anti-trust violations.
Iran signals compromise for modest rise in OPEC oil output
VIENNA (Reuters) – Iran signaled on Wednesday it could compromise on a small increase in OPEC oil output when the group meets this week, as Saudi Arabia scrambled to convince fellow members of the need for a larger rise in production.
Walt Disney raises bid for Fox assets to $71.3 billion, tops Comcast
(Reuters) – Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc’s coveted media assets to $71.3 billion on Wednesday, sweetening its deal with cash as it looks to upend Comcast Corp’s $65 billion offer.
Media stocks, techs boost S&P; Nasdaq hits record high
(Reuters) – A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to a record high, but the Dow remained under pressure from an escalation in the U.S.-China trade spat that has slammed global markets.
Trump to meet lawmakers about ‘problematic’ ZTE amendment: spokeswoman
WASHINGTON (Reuters) – U.S. President Donald Trump and a group of lawmakers from the Senate and House of Representatives will meet at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE…
For OPEC, oil tariff spat is short-term gain, long-term pain
VIENNA (Reuters) – OPEC, which has lost Chinese market share to U.S. oil producers, should in theory view a tariff spat between Beijing and Washington as a boon.
Boeing sees 2025 for potential new jet but won’t rush decision: executive
PARIS (Reuters) – The head of Boeing jetliner sales said on Wednesday he was confident a new mid-market jet could enter service in 2025 if Boeing took the decision to launch the new plane but stressed the U.S. planemaker would not be rushed into a dec…
