Wall Street dips at open, Apple weighs
(Reuters) – Wall Street dipped at the open on Monday, easing from record levels hit last week, as a fall in Apple’s shares weighed on the three major indexes.
VW faces inquiry call over diesel fumes test on monkeys
FRANKFURT (Reuters) – Volkswagen’s supervisory board called for an immediate inquiry into who commissioned tests in which monkeys were exposed to toxic diesel fumes, while the German government said such studies were unjustifiable.
U.S. consumer spending rises; savings drop to 10-year low
WASHINGTON (Reuters) – U.S. consumer spending rose solidly in December as demand for goods and services increased, but the gain came at the expense of savings, which dropped to a 10-year low in a troubling sign for future consumption and economic growt…
K-Cup owner Keurig grabs Dr Pepper Snapple
(Reuters) – Keurig Green Mountain Inc will buy soda maker Dr Pepper Snapple Group Inc in a deal worth more than $21 billion, bringing the world’s biggest single-serve coffee brand, K-Cup, and beverages such as 7UP, Snapple and Sunkist under one roof.
NAFTA ministers set to announce talks to continue amid optimism
MONTREAL (Reuters) – The United States, Canada and Mexico look set to announce on Monday that talks to revamp the NAFTA trade deal will continue despite major differences that are far from being settled.
Lockheed Martin takes $2 billion charge
(Reuters) – Lockheed Martin Corp reported a net loss in the fourth quarter on Monday as the U.S. defense contractor took a $1.9 billion charge mainly due to the change in U.S. tax law, but beat expectations for sales.
Avon shareholders call for sale, shares rise
(Reuters) – A group of shareholders of Avon Products Inc led by activist investor Shah Capital has called for the cosmetics maker to explore strategic alternatives, including a possible sale.
JAB-controlled Keurig to buy Pepper Snapple to form beverage giant
(Reuters) – K-cup maker Keurig Green Mountain Inc will buy soda maker Dr Pepper Snapple Group Inc to form a beverage company with $11 billion in annual revenue.
Futures lower as investors brace for busy week
(Reuters) – U.S. stock index futures were slightly lower on Monday, pulling back from record levels seen last week, and as investors brace for a busy week ahead.
Shares in Prince Alwaleed’s firm soar, but banks remain cautious
DUBAI (Reuters) – Prince Alwaleed bin Talal’s freedom has sent shares of his flagship company soaring, but banks will remain cautious about dealing with his company until they have more clarity about the circumstances of his release from a corruption p…
