Airbus eyes Canadian military deal, further cooperation with Bombardier
OTTAWA/MONTREAL (Reuters) – Airbus SE could cooperate further with Bombardier Inc beyond a recent venture in the CSeries jets, if its fighter jet is permitted to compete in a Canadian military procurement, and its partners agree, an executive said on…
Former Yahoo CEO apologizes for data breaches, blames Russians
WASHINGTON (Reuters) – Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on maj…
Wall Street eyes high score as videogame makers rally
(Reuters) – The S&P 500 approached its highest ever close on Wednesday as a rally in videogame makers helped offset doubts about an ambitious Republican plan to cut corporate taxes and weakness in banks.
Airbus trails Boeing in orders heading into Dubai showdown
PARIS (Reuters) – Airbus sold 24 aircraft and delivered 63 in October, leaving it well behind rival Boeing in the hunt for new orders going into next week’s Dubai Airshow, but on course to reach its recently softened target of 700 deliveries for the y…
U.S. demands CNN sale to approve AT&T/Time Warner deal: Financial Times
NEW YORK/WASHINGTON (Reuters) – The U.S. Department of Justice is pushing AT&T Inc to sell its CNN cable network to satisfy antitrust concerns over its purchase of Time Warner Inc , the Financial Times reported on Wednesday, citing sources it said had direct knowledge of the matter.
U.S. Justice Dept. mulls limits on overlapping corporate penalties
WASHINGTON (Reuters) – The U.S. Justice Department is exploring ways to scale back the size of corporate penalties involving companies facing punishments from multiple law enforcement agencies over the same underlying misconduct, a senior official said…
Sprint to accelerate network investment, CEO says
NEW YORK (Reuters) – Sprint Corp will accelerate investment in its network as it plots a future as a standalone company, its chief executive officer said on Wednesday, days after the No. 4 U.S. wireless carrier and rival T-Mobile US Inc said merger tal…
Slow start for Lufthansa on new U.S. route after Air Berlin collapse
BERLIN (Reuters) – Lufthansa’s first flight from Berlin to the United States in over 16 years took off on Wednesday, although a slow start to sales shows the difficulties involved in trying to replace the gaps left by insolvent rival Air Berlin.
China’s Tencent takes 12 percent stake in Snap as shares plunge
(Reuters) – Snap Inc said on Wednesday that Chinese tech and media investment firm Tencent Holdings Ltd had taken a 12 percent stake in the company, a day after the owner of disappearing-messaging app Snapchat was punished by Wall Street for disappoint…
Bitcoin surges to new high on reports software ‘fork’ suspended
LONDON (Reuters) – Bitcoin surged by 10 percent on Wednesday to hit an all-time high just shy of $8,000 after online reports that an upgrade to the cryptocurrency’s software planned for next Thursday had been suspended.
