On sidelines of trade talks, businesses tout NAFTA’s benefits
WASHINGTON (Reuters) – Steps away from this week’s NAFTA trade negotiations, business unified in hopes of sending a singular message: do no harm.
Applied Materials beats profit estimates, shares rise
(Reuters) – Applied Materials Inc , the world’s largest supplier of tools used to make semiconductors, reported a better-than-expected quarterly profit helped by strong growth in its semiconductor and display businesses.
YouTube TV expands to 14 new markets, partners with Sinclair stations
(Reuters) – Alphabet Inc’s Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday.
Airline investor Woehrl interested in Air Berlin
FRANKFURT (Reuters) – Airline entrepreneur Hans Rudolf Woehrl is interested in insolvent Air Berlin , a spokeswoman for his company INTRO-Verwaltungs GmbH told Reuters, responding to a media report saying he was planning a bid.
BlackRock’s largest mutual fund boosts energy holdings: manager
NEW YORK (Reuters) – BlackRock Inc’s largest mutual fund hiked its exposure to “select names” in energy as the sector has lagged this year, one of its portfolio managers said on Thursday.
Exclusive: SEC officials’ holdings, legal work, pose potential conflicts
WASHINGTON (Reuters) – Two lawyers appointed to senior jobs at the U.S. Securities and Exchange Commission have ties to major companies including financial firms Goldman Sachs Group Inc and Wells Fargo & Co that could complicate efforts to regulate them, according to government documents viewed by Reuters.
Ackman’s Pershing Square says ADP needs to streamline, modernize
BOSTON/NEW YORK (Reuters) – Billionaire activist investor William Ackman on Thursday said Automatic Data Processing Inc’s stock price could double in the next five years if the human resources outsourcing company cuts costs, streamlines its business a…
Car owners’ lawyers accuse GM of threats in ignition switch deal
NEW YORK (Reuters) – Lawyers for car owners suing General Motors Co over faulty ignition switches and other defects on Thursday accused the carmaker of meddling in settlement talks and having issued threats that led to the canceling of an agreement.
Mylan, U.S. finalize $465 million EpiPen settlement
BOSTON (Reuters) – Mylan NV has finalized a $465 million settlement with the U.S. Justice Department, resolving claims it overcharged the government for its EpiPen emergency allergy treatment, which became the center of a firestorm over price increase…
Sixt CEO hints at car-sharing merger talks between BMW and Daimler
FRANKFURT (Reuters) – German carmakers Daimler and BMW may be in talks to combine their car-sharing services Car2Go and DriveNow, the chief executive of car rental company and DriveNow partner Sixt hinted on Thursday.
