Black banker sues Goldman Sachs for racial discrimination
(Reuters) – A black banker in Goldman Sachs Group Inc’s personal wealth management unit filed a lawsuit on Wednesday accusing the firm of steering top clients to her white colleagues and denying her promotions because of her race.
Samsung, Foxconn to back cable-free phone tech
(Reuters) – A startup backed by Tony Fadell, one of the fathers of the Apple iPod, plans to announce Wednesday it is working with Samsung Electronics Co Ltd , Foxconn parent Hon Hai Precision Industry Co Ltd and others on a new way for mobile phones t…
Chinese automakers kick tires at FCA, but any deal faces obstacles
HONG KONG (Reuters) – Geely Automobile Holdings Ltd said on Wednesday it was not planning a bid for Fiat Chrysler Automobiles NV , and while other potential Chinese suitors remain any tie-up could face significant U.S. regulatory obstacles.
Carmakers win brief reprieve from lawsuits over faulty Takata air bags
(Reuters) – Automakers on Wednesday won a temporary reprieve from lawsuits filed by victims of defective air bags made by bankrupt Takata Corp that led to the largest-ever auto safety recall and at least 18 deaths.
Ireland says EU demand that Apple pay it 13 billion euros in back taxes unjustified
BERLIN (Reuters) – Ireland’s finance minister said the European Commission’s demand that Dublin collect up to 13 billion euros ($13.8 bln) in back taxes from Apple was unjustified, in an interview with Germany’s Frankfurter Allgemeine (FAZ) newspaper….
Seven charged in U.S. insider trading ring
NEW YORK (Reuters) – U.S. authorities on Wednesday announced insider trading charges accusing seven people of generating more than $5 million of profit based on tips from a Bank of America Corp employee about dozens of pending corporate transactions.
Maersk upbeat on shipping outlook, faces hefty cyber attack bill
COPENHAGEN (Reuters) – Denmark’s A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares by as much as 4.5 percent as investors looked beyond one-off second-quarter charges and a costly cyber attack on its ope…
Reckitt bets on ‘smart’ products to renew innovation mojo
SLOUGH, England (Reuters) – Reckitt Benckiser is betting on connected consumer products as part of a push to show investors its innovative approach can still drive growth.
UnitedHealth names Wichmann CEO, Helmsley executive chairman
NEW YORK (Reuters) – UnitedHealth Group Inc said on Wednesday president David Wichmann will become the company’s chief executive, succeeding Stephen Hemsley, who is moving to the newly created role of executive chairman after more than a decade at the…
Sale of Air Berlin slots offers rare German entry ticket
BERLIN/FRANKFURT (Reuters) – Air Berlin’s administrators will focus on selling its attractive take-off and landing slots in Germany, a source familiar with the process said, potentially opening up the market to new players.
