Twelve U.S. senators seek FCC probe of Sinclair news scripts, pause in Tribune review
WASHINGTON (Reuters) – Twelve U.S. senators on Thursday asked the Federal Communications Commission to investigate Sinclair Broadcasting Group for “deliberately distorting news” and asked the commission to pause its ongoing review of the company’s pro…
EU Justice Commissioner held ‘constructive’ talks with Facebook’s Sandberg
BRUSSELS (Reuters) – European Union Justice Commissioner Vera Jourova said she had a “constructive and open discussion” with Facebook Chief Operating Officer Sheryl Sandberg about the Cambridge Analytica scandal on Thursday.
NTSB removes Tesla as a party in its probe of ‘Autopilot’ crash
WASHINGTON (Reuters) – The National Transportation Safety Board said on Thursday it had revoked Tesla Inc’s status as a party to its investigation of a fatal crash in March in which the semi-autonomous “Autopilot” driving system was in use, after Tesla…
Exclusive: Chevron, Exxon seek ‘small refinery’ waivers from U.S. biofuels law
NEW YORK (Reuters) – Global energy giants Chevron Corp and Exxon Mobil have asked U.S. regulators for exemptions to the nation’s biofuels policy that have historically been reserved for small companies in financial distress, according to sources famil…
U.S. judge says Uber drivers are not company’s employees
(Reuters) – A U.S. judge in Philadelphia has ruled that limousine drivers for Uber Technologies Inc [UBER.UL] are independent contractors and not the company’s employees under federal law, the first ruling of its kind on a crucial issue for the ride-ha…
VW appoints Herbert Diess as CEO, creates new divisions
BERLIN (Reuters) – Volkswagen said Herbert Diess will take over from Matthias Mueller as chief executive, adding fresh impetus to its efforts to slim down and reorganize the way its 12 brands are managed.
Wall Street gains as conflict fears ease, earnings optimism rises
(Reuters) – Technology and financial stocks led a rally on Wall Street on Thursday as President Donald Trump toned down his views on attacking Syria and investors focused on what could be the strongest earnings reporting season in seven years.
China vows to fight back if U.S. escalates trade spat
BEIJING (Reuters) – China’s commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington’s attempts at dialogue were not sincere, and vowed to retaliate if U.S. President Donald Trump escalates current …
Wall Street higher on earnings optimism, Syria worries ebb
(Reuters) – Wall Street benchmarks bounced higher on Thursday, driven by gains in technology, financial and industrials stocks as investors hoped that lower U.S. taxes could boost first quarter corporate profits.
Berkshire intends to oppose USG board nominees after Knauf bid
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc plans to oppose board nominees proposed by USG Corp in an upcoming shareholder vote, as the wallboard maker tries to fend off a roughly $5.9 billion takeover bid by Germany’s Gebr Knauf KG.
