Boeing asks for delay in duty ruling on Bombardier jet petition
(Reuters) – Bombardier Inc may have to wait to find out if its CSeries commercial jets will be hit by punishing U.S. duties after Boeing requested the U.S. Department of Commerce to postpone its preliminary ruling on its petition until Sept. 25.
Buffett’s Berkshire on verge of becoming BofA’s top shareholder
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc may be on the verge of becoming Bank of America Corp’s largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses.
Currency impact on North American companies’ first-quarter results lowest since 2014: report
NEW YORK (Reuters) – Currency market fluctuations in the first quarter of 2017 had the smallest negative impact on North American companies’ financial results since 2014, FIREapps said in a report on Wednesday.
Lawsuit over Deutsche Bank’s Russia trades dismissed: U.S. judge
NEW YORK (Reuters) – A federal judge has dismissed a lawsuit accusing Deutsche Bank AG of concealing major deficiencies in its anti-money laundering controls, even as it allowed “mirror trades” to launder money out of Russia as part of a $10 billion t…
Staples in $6.9 billion sale to private equity firm Sycamore
(Reuters) – Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shop…
Southwest Airlines to scale down Cuba flights
(Reuters) – Southwest Airlines Co said it would reduce the number of flights to Cuba, joining other U.S. airlines, as President Donald Trump’s Cuba policy continues to restrict Americans traveling to the country.
In EU dealings, Google could learn from an erstwhile rival
BRUSSELS (BRUSSELS) – Google’s clash with EU antitrust enforcers has echoes of Microsoft’s decade-long regulatory battle, a legacy that parent company Alphabet should bear in mind as it considers challenging the Commission, lawyers and fund managers …
Nestle plan hailed as only the start of Schneider’s shake-up
ZURICH/LONDON (Reuters) – Nestle’s plan to shore up its capital structure, announced only days after being thrust into the spotlight by activist shareholder Third Point, was received by investors as a precursor to bigger changes under the company’s ne…
FedEx says operations at TNT Express disrupted after virus attack
(Reuters) – Package delivery company FedEx Corp said on Wednesday operations in its TNT Express unit were disrupted after its information systems were hit by a virus attack.
Canada’s top court rules Google must block some results worldwide
OTTAWA (Reuters) – Canadian courts can force internet search leader Google to remove results worldwide, the country’s top court ruled on Wednesday, drawing criticism from civil liberties groups arguing such a move sets a precedent for censorship on the…
