Surging online orders slow Wal-Mart delivery network
SEATTLE/CHICAGO (Reuters) – Wal-Mart Stores Inc said on Wednesday that soaring online purchases have caused delays in its distribution network, reflecting the challenge retailers and delivery services face in handling strong peak-season ecommerce deman…
Disney CEO likely to extend tenure if Fox deal happens: WSJ
(Reuters) – Walt Disney Co Chief Executive Bob Iger will likely extend his tenure past 2019 to facilitate integration of Twenty-First Century Fox Inc assets if a deal is completed, the Wall Street Journal reported on Wednesday.
Volkswagen executive sentenced to seven years for U.S. emissions fraud
DETROIT (Reuters) – A U.S.-based Volkswagen AG executive who oversaw emissions issues was sentenced to seven years in prison and fined $400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has cost the German automaker as mu…
S&P 500 down for fourth straight session; energy drags
(Reuters) – The S&P 500 fell marginally on Wednesday, with modest gains in Microsoft and other technology stocks not quite offsetting losses in energy shares after oil prices dropped more than 2 percent.
Disney CEO Bob Iger to extend tenure past 2019: WSJ
(Reuters) – Walt Disney Co Chief Executive Bob Iger will likely extend his tenure past 2019 to facilitate integration of Twenty-First Century Fox Inc’s assets with the company, the Wall Street Journal reported on Wednesday.
Airbus faces hectic December to meet 2017 delivery goal
PARIS (Reuters) – Airbus lagged Boeing in jet production and sales in the first 11 months of the year but left itself a shot at meeting full-year delivery targets after unblocking delayed engine supplies for its upgraded A320neo jet, company data showe…
Bitcoin zooms above $13,000 to record high on relentless demand
TOKYO/NEW YORK (Reuters) – Bitcoin extended its rally on Wednesday, breaking above $13,000 to a record high despite questions about the cryptocurrency’s real value and worries about a dangerous bubble.
Tech recovery nudges Wall Street higher
(Reuters) – Wall Street’s main indexes edged higher on Wednesday, with Microsoft and other technology stocks making modest gains and helping offset losses in energy shares after oil prices dropped more than 2 percent.
Canada’s swipe at Boeing jets could open way for European rivals
OTTAWA (Reuters) – Canada’s decision to shun Boeing Co jets could open the way for European rivals seeking to supply new fighters, assuming the government can sort out major procurement challenges, three sources familiar with the matter said on Wednes…
EU urges internet companies to do more to remove extremist content
(Reuters) – Internet groups such as Facebook , Google’s YouTube and Twitter need to do more to stem the proliferation of extremist content on their platforms, the European Commission said after a meeting on Wednesday.
