Western Digital says Toshiba’s actions in chip spat harm customers
TOKYO (Reuters) – Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba’s stakeholders and customers.
‘Hammer, hammer, hammer’: Canada lobbies U.S. before NAFTA talks
CINCINNATI, Ohio (Reuters) – In the baking Ohio heat Canada’s trade minister is trying to save NAFTA, one encounter at a time.
High-tech dashboards signal big changes for auto parts suppliers
SAN FRANCISCO (Reuters) – Peer at the instrument panel on your new car and you may find sleek digital gauges and multicolored screens. But a glimpse behind the dashboard could reveal what U.S. auto supplier Visteon Corp found: a mess.
End of easy money? Euro surges, bond yields advance
LONDON (Reuters) – The euro surged to its highest in over a year on Thursday, while bond yields and global shares also climbed, as a slew of hawkish comments from central banks signaled the era of easy money might be coming to an end for more than just…
Exclusive: Universal president says founder Okada ‘unfit’ for board in private letter
TOKYO (Reuters) – The president of Japan’s Universal Entertainment Corp said the company’s founder Kazuo Okada is “unfit” to be the director of a public company, in a private letter to a shareholder seen by Reuters.
Uber says never told self-driving car executive to take Waymo files
SAN FRANCISCO (Reuters) – Uber Technologies [UBER.UL] said it never told a self-driving car executive to download files from his former employer, Alphabet Inc’s Waymo unit, according to a court filing in a contentious trade secret lawsuit.
Apple’s iPhone turns 10, bumpy start forgotten
(Reuters) – Apple Inc’s iPhone turns 10 this week, evoking memories of a rocky start for the device that ended up doing most to start the smartphone revolution and stirring interest in where it will go from here.
Investors call on Mylan chairman, director to step down
NEW YORK (Reuters) – An investor group led by New York City’s comptroller called for Mylan NV’s Chairman Robert Coury and Director Wendy Cameron to step down, as part of a campaign against the firm’s executive pay packages and high prices for an aller…
Fed gives big U.S. banks a green light for buyback, dividend plans
WASHINGTON/NEW YORK (Reuters) – The Federal Reserve has approved plans from the 34 largest U.S. banks to use extra capital for stock buybacks, dividends and other purposes beyond being a cushion against catastrophe.
U.S. judge allows some VW investor diesel claims to proceed
WASHINGTON (Reuters) – A federal judge in California on Wednesday allowed some claims to proceed by investors who sued Volkswagen AG over its diesel emissions scandal, but agreed to the German automaker’s request to dismiss parts of the lawsuit.
