U.S. airline industry boasts overall improvements: study
NEW YORK (Reuters) – Despite a steady stream of headlines highlighting U.S. airlines’ customer-service failures, carriers have actually improved in several key areas over the last year, including bumping fewer passengers and losing less baggage, accord…
Colombia’s Nutresa to open 50 new restaurants this year – CEO
BOGOTA (Reuters) – Nutresa , Colombia’s largest producer of processed foods, will invest about $94 million in the opening of 50 restaurants and ice cream parlors this year, as well as in its distribution, the company’s chief executive said on Monday. Investment planned for this year exceeds 2017’s by almost 10 percent and Nutresa will also look at possible acquisitions in the 14 countries where operates, Carlos Ignacio Gallego told Reuters in a telephone interview.
Wall Street rises but pares gains late after report of FBI raid
NEW YORK (Reuters) – Wall Street’s major indexes rose on Monday as a softer stance by U.S. policymakers on China tariffs powered a rebound from last week’s selloff, but stocks pared much of their gains late in the session after a report that the Federa…
Wall Street rises on softer U.S. stance on China trade
(Reuters) – Wall Street’s major indexes rose on Monday as a softer stance by U.S. policymakers on China tariffs powered a rebound from last week’s sell-off, though stocks pared gains in the final minutes of the trading session.
Bayer reaches deal with U.S. for approval to buy Monsanto – WSJ
(Reuters) – The U.S. Justice Department will allow German drugs and pesticides group Bayer AG to acquire Monsanto Co in a $62.5 billion deal, after the companies agreed to sell more assets to win antitrust approval, the Wall Street Journal reported h…
Trans Mountain pipeline halt worries Canadian business
(Reuters) – Business groups and local officials called on Monday for Canada’s government to guarantee an expansion of the Trans Mountain pipeline is completed, after operator Kinder Morgan Canada halted most work on the C$7.4 billion ($5.83 billion) pr…
CEO Zuckerberg says Facebook could have done more to prevent misuse
WASHINGTON (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg met U.S. lawmakers individually on Monday and told Congress in written testimony that the social media network should have done more to prevent itself and its members’ data being misus…
Bayer bid to buy Monsanto wins DoJ approval: WSJ
(Reuters) – German conglomerate Bayer AG’s $62.5 billion bid to acquire U.S. seeds company Monsanto Co has won approval from the U.S. Justice Department, after the companies said they would sell off additional assets, the Wall Street Journal reported…
Exclusive: U.S. watchdog seeks record fine against Wells Fargo for abuses – sources
WASHINGTON (Reuters) – The top U.S. watchdog for consumer finance is seeking a record fine against Wells Fargo & Co that could exceed several hundred million dollars for auto insurance and mortgage lending abuses, according to three sources with knowledge of the plans.
Facebook CEO says company did not do enough to prevent misuse
WASHINGTON (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg told Congress on Monday that the social media network did not do enough to prevent itself and its members’ data being misused over the past few years and offered an apology to lawmaker…
