USITC says launches probe of allegations of patent infringement by Apple
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Tuesday it had launched an investigation into allegations of patent infringement by Apple Inc on various devices.
EgyptAir signs $1.1 billion deal for 12 Bombardier CSeries jets
DUBAI/MONTREAL (Reuters) – State-owned EgyptAir signed an initial order for 12 Bombardier Inc CSeries jets on Tuesday, marking the Canadian planemaker’s second deal for the aircraft this month after a 1-1/2-year-long sales drought.
GE, energy shares drag Wall Street lower; bond proxies rise
NEW YORK (Reuters) – U.S. stock indexes fell on Tuesday as General Electric shares plunged for a second straight day and a drop in crude oil prices hit energy stocks.
Volkswagen says offices of CFO, HR chief, chairman raided by tax authorities and prosecutors
FRANKFURT (Reuters) – Prosecutors and tax authorities on Tuesday raided the offices of several senior officials of Volkswagen , the German car-maker said.
IBM urges lawmakers to ‘narrow’ bill targeting Chinese investment
WASHINGTON (Reuters) – International Business Machines Corp has urged lawmakers to use a different strategy than toughening foreign investment rules because of U.S. concerns about Chinese military actions and intellectual property theft, according to a…
Fashion retailer Forever 21 reports payment card security breach
(Reuters) – Fashion retailer Forever 21 said on Tuesday there had been unauthorized access to data from payment cards used at certain of its stores.
Venezuela says debt refinancing under way, S&P calls selective default
CARACAS/NEW YORK (Reuters) – Venezuela’s cash-strapped government insisted it had successfully begun efforts to refinance some $60 billion in bonds, though creditors disagreed following fruitless talks and a ratings firm declared the nation in selectiv…
Sessions refuses to say if White House asked about AT&T-Time Warner merger
WASHINGTON (Reuters) – U.S. Attorney General Jeff Sessions on Tuesday declined to answer when asked if any White House officials contacted the Justice Department to discuss the government’s review of AT&T Inc’s proposed $85.4 billion acquisition of Time Warner Inc .
GE tumbles for a second day after announcing major overhaul
(Reuters) – General Electric Co’s shares slumped for a second straight day on Tuesday as investors wondered if a massive overhaul by new Chief Executive John Flannery to save billions and make the conglomerate smaller was enough to revive the 125-year…
Snap’s biggest investors raise stakes in third quarter
NEW YORK (Reuters) – Fidelity Investments and technology-focused hedge fund Coatue Management LLC boosted their stakes in social media company Snap Inc during the third quarter, despite Snap’s disappointing results, regulatory filings showed on Tuesday…
