SEC charges Virginia men with Intel-Mobileye insider trading
NEW YORK (Reuters) – Two Virginia men have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to a $15.3 billion takeover by Intel Corp…
YouTube tweaks ad strategy to curb content stealing
(Reuters) – Alphabet Inc’s YouTube said on Thursday it would place ads on channels only if they reach 10,000 views as it tries to weed out people who make money on the site by stealing content from other sources.
Fed’s asset shift to pose new test of economy’s recovery, resilience
WASHINGTON/NEW YORK (Reuters) – The Federal Reserve’s coming decision to reduce its massive asset holdings will set off a complex dance with global investors and the U.S. Treasury as it tries to put a final end to policies used to fight the 2007 financ…
U.S., Japan in talks to prevent China acquiring Westinghouse: U.S. official
WASHINGTON (Reuters) – The Trump administration and the Japanese government are in discussions to ensure that the bankruptcy of Toshiba Corp’s U.S. unit Westinghouse Electric Co does not lead to U.S. technology secrets and infrastructure falling into …
Many states still struggling despite growing U.S. economy
SAN FRANCISCO (Reuters) – Even with the U.S. economy boasting impressive job growth and domestic equity markets near record highs, a fragmented recovery has left many states struggling to close budget deficits nearly a decade after the 2008 financial c…
U.S. judge to name former FBI director to oversee Takata restitution funds
WASHINGTON (Reuters) – A federal judge in Detroit said on Thursday he plans to name former FBI director Robert Mueller to oversee nearly $1 billion in Takata Corp restitution funds as part of a U.S. Justice Department settlement.
Vivendi ends 15-year U.S. lawsuit over big merger, to pay $26.4 million
NEW YORK (Reuters) – Vivendi SA said it agreed to pay $26.4 million to end nearly 15 years of U.S. litigation accusing the French media company of misleading shareholders about its finances in connection with a $46 billion three-way merger.
Airbus loses first quarter order race as delays hamper A320neo
PARIS (Reuters) – Airbus took 20 new jet orders in March to end the first quarter well behind rival Boeing as delays in deliveries of the A320neo shifted the spotlight back to an earlier model.
Lyft valued at $7.5 billion in new funding round: source
SAN FRANCISCO (Reuters) – Ride services company Lyft Inc has nearly completed a funding round of at least $500 million, valuing the company at $7.5 billion, according to a source close to the company.
Troubled U.S. shopping-mall retailer stocks rally after L Brands’ sales report
SAN FRANCISCO (Reuters) – Shares of beaten-down shopping-mall retailers bounced back on Thursday after March sales figures from L Brands, the owner of Victoria’s Secret, were not as bad as feared.
