Unilever spreads whets private equity appetite as deadline nears: sources
LONDON (Reuters) – Anglo-Dutch consumer group Unilever has invited private equity bidders to submit tentative offers for its $8 billion margarine and spreads business by a deadline of Oct. 19, two sources close to the matter told Reuters.
As Ford pushes into electric vehicles, U.S. union aims to save jobs
DETROIT (Reuters) – The United Auto Workers is talking with Ford Motor Co about ways to avoid layoffs as the No. 2 U.S. automaker builds more electric vehicles, a senior union official told Reuters on Thursday.
Storms impact U.S. job market; trade expected to bolster economy
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell more than expected last week, but the continued impact of Hurricanes Harvey and Irma on the data made it difficult to get a clear picture of the labor market.
L’Oreal, cosmetics rivals to appeal Greek anti-trust fines
PARIS (Reuters) – L’Oreal said on Thursday it would appeal a 2.6 million euro ($3 million) fine imposed by Greece’s competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices.
Regulators probe Standard Chartered over 1.4 billion dollar transfer: source
LONDON (Reuters) – Financial watchdogs in Europe and Asia are investigating Standard Chartered Plc over the transfer of 1.4 billion dollars of private bank client assets from Guernsey to Singapore ahead of new tax transparency rules, according to a so…
Wall Street indexes scale fresh record-highs on tech gains
(Reuters) – The three main U.S. indexes climbed to fresh record-highs for the fourth day in a row on Thursday, fueled by gains in technology stocks, including Microsoft and Amazon.com .
Netflix ups U.S. fees for first time since 2015
(Reuters) – Netflix Inc’s U.S. business announced the first rises in monthly fees in two years on Thursday, hiking costs for two of its three main subscription plans as it spends heavily on its own original content.
Wells Fargo executives, board must face lawsuit over fake accounts, federal judge says
(Reuters) – A federal judge said current and former Wells Fargo & Co officers and directors, including Chief Executive Officer Tim Sloan, must face nearly all of a lawsuit by shareholders seeking to hold them personally liable for sales abuses and the creations of millions of unauthorized accounts.
Panel finds U.S. washing machine makers hurt by South Korean imports
WASHINGTON (Reuters) – The U.S. International Trade Commission on Thursday found that imports of large residential washing machines were harming domestic producers, in a major step toward the imposition of duties or quotas on foreign-made Samsung- and …
Wells Fargo executives, board must face lawsuit over fake accounts
(Reuters) – A federal judge said current and former Wells Fargo & Co officers and directors, including Chief Executive Officer Tim Sloan, must face nearly all of a lawsuit by shareholders seeking to hold them personally liable for sales abuses and the creations of millions of unauthorized accounts.
