Two U.S. coal miners see growth amid sector’s gloom
(Reuters) – U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry.
Trade rows spell gain, and pain, for U.S. grain exporters
CHICAGO (Reuters) – Global grain marketers have seized upon trade tensions between the United States and several of its top export markets, including China, to turn around struggling trading units following one of the toughest years ever for the indust…
Nikola Motor sues Tesla alleging design patent violation
(Reuters) – Nikola Motor Co, which makes hydrogen-powered semi trucks, filed a lawsuit on Tuesday against electric automaker Tesla Inc alleging design patent infringements.
How Samsung fell behind Sony and LG in the premium TV market
SEOUL (Reuters) – At the 2013 annual Consumer Electronics Show in Las Vegas, flashy organic light-emitting diode (OLED) televisions sporting credit card-thin screens were at the front and center of Samsung Electronics’ new gadgets display.
Asian shares ease, dollar nears four-month high before Fed decision
SINGAPORE (Reuters) – Asian equities eased on Wednesday, while the dollar traded near a four-month high as investors await the Federal Reserve’s upcoming policy statement for clues on the future pace of U.S. monetary tightening.
Xerox CEO quits in settlement with shareholders over Fujifilm deal
(Reuters) – Xerox Corp said its CEO and several board members will step down to settle a suit brought by activist shareholders who had opposed a $6.1 billion deal with Japan’s Fujifilm Holdings .
Apple surprises with solid iPhone sales, announces $100 billion buyback
(Reuters) – Apple Inc on Tuesday reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks, reassuring investors that its decade-old smartphone invention had life in it yet.
Asian shares steady, dollar near four-month high before Fed decision
SINGAPORE (Reuters) – Asian equities held steady on Wednesday, while the dollar traded near a four-month high as investors await the Federal Reserve’s upcoming policy statement for clues on the future pace of U.S. monetary tightening.
Cyberwarfare, populism top ‘black swan’ events at Milken conference
BEVERLY HILLS, Calif. (Reuters) – Cyberwarfare and populism are some of the top risks that could threaten global stability and financial markets in the years ahead, investors and policymakers warned at the annual Milken Institute Global Conference this…
Xerox CEO Jacobson agrees to step down in settlement of shareholder lawsuit: court filing
(Reuters) – Jacob Jacobson agreed to resign as Xerox Corp’s chief executive as part of a settlement of a lawsuit brought by the company’s shareholders that raised questions over Xerox’s agreed deal with Japan’s Fujifilm Holdings Corp , a New York cour…
