Fed’s Kaplan says he has no problem with being ‘restrictive’
(Reuters) – Dallas Federal Reserve Bank President Robert Kaplan on Monday said he expects the U.S. central bank to raise interest rates three times this year and further next year to levels that could put the brakes on U.S. economic growth, but that he…
Wall Street higher as Syria fears ease, earnings in focus
NEW YORK (Reuters) – U.S. stocks rose on Monday with technology and healthcare shares leading the way as investors appeared less concerned about possible retaliation for the U.S.-led missile attack in Syria.
Toyota to launch ‘talking’ vehicles in United States in 2021
WASHINGTON (Reuters) – Toyota Motor Corp plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents annually.
Schlumberger fights to boost patent damages at U.S. Supreme Court
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday appeared divided over whether to make it easier for companies to recoup profits lost due to the unauthorized use of their patented technology overseas in a dispute involving Schlumberger NV , the …
Britain’s WPP, investors adjust to life without Sorrell
LONDON (Reuters) – WPP entered uncharted territory on Monday after the exit of founder Martin Sorrell left the world’s biggest advertising company rudderless at a time of intense industry change.
Exclusive: Google unveils vetting process for drug rehab ads
SAN FRANCISCO (Reuters) – Google told Reuters Monday it would resume accepting ads from U.S. addiction treatment centers in July, nearly a year after the Alphabet Inc unit suspended the lucrative category of advertisers for numerous deceptive and misl…
France builds WhatsApp rival due to surveillance risk
PARIS (Reuters) – The French government is building its own encrypted messenger service to ease fears that foreign entities could spy on private conversations between top officials, the digital ministry said on Monday.
Icahn nominates five to replace entire SandRidge board
HOUSTON (Reuters) – Billionaire activist investor Carl Icahn nominated a five-person slate of his employees and business associates to replace the SandRidge Energy Inc board of directors on Monday, escalating his fight for control of the U.S. shale oi…
U.S. bans American companies from selling to Chinese phone maker ZTE
LONDON/NEW YORK (Reuters) – The U.S. Department of Commerce has banned American companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years after breaking an agreement reached after it was caught illegally shipping goods to Iran, U.S. officials said on Monday.
Wall Street rises as Syria fears ease; healthcare stocks jump
(Reuters) – U.S. stocks rose on Monday, boosted by healthcare stocks and on easing fears that the recent U.S.-led missile attack on Syria would escalate into a broader conflict.
