Volkswagen agrees to pay $69 million to settle New Jersey emissions suits
WASHINGTON (Reuters) – Volkswagen AG confirmed on Tuesday it has agreed to pay $69 million to settle New Jersey state diesel emissions claims, one of the last major outstanding diesel legal issues the German automaker faces in the United States.
GE stock deflates for a second day after announcing major overhaul
(Reuters) – General Electric Co’s shares drifted lower for a second straight day on Tuesday after 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…
Wall Street pulled lower by GE, energy shares
(Reuters) – U.S. stock indexes were lower on Tuesday after GE shares plunged for the second straight day and a drop in oil prices hit energy stocks.
Home Depot lifts full-year forecasts as hurricanes spur demand
(Reuters) – Home Depot Inc , the largest U.S. home improvement chain, on Tuesday raised its full-year profit and sales forecast after Hurricanes Harvey and Irma spurred demand for generators, flashlights and rebuilding materials.
HSBC pays 300 million euros to settle investigation of Swiss bank
ZURICH (Reuters) – HSBC Holdings has agreed to pay 300 million euros ($353 million) to settle a long-running investigation into tax evasion by French citizens via its private bank in Switzerland, the lender said on Tuesday.
Buffalo Wild Wings shares soar on report of takeover bid
(Reuters) – Buffalo Wild Wings’ shares rose nearly 26 percent in early trading on Tuesday, a day after a report said the company received a $2.3-billion takeover bid from private-equity firm Roark Capital Group.
Goldman can hit $13 billion in new consumer loans in three years: CFO
(Reuters) – Goldman Sachs Group Inc can hit $13 billion in new consumer loans in the next three years through its Marcus online lending business, Chief Financial Officer Marty Chavez said on Tuesday.
Wall Street pulled lower by energy stocks, tax plan doubts
(Reuters) – U.S. stocks slipped on Tuesday as a drop in oil prices hit energy stocks, with uncertainty over Republican tax plans also weighing on the sentiment.
Deutsche Bank CEO meets with chief of big shareholder HNA: WSJ
FRANKFURT (Reuters) – Deutsche Bank’s chief executive officer John Cryan has met with the chief of its major shareholder China’s HNA, The Wall Street Journal reported on Tuesday.
Emirates believes Airbus can bow to demands on A380 programme
DUBAI (Reuters) – Emirates [EMIRA.UL] believes Airbus can meet demands from the Dubai government to guarantee development of the A380 jet programme, as it challenges the planemaker to see who will blink first in talks over a new $16 billion superjumbo …
