Europe stocks rise but bond yield falls show investor caution
LONDON (Reuters) – European shares rose on Tuesday, shrugging off falls on Asian bourses, but low-risk government debt yields fell as investors fretted about a meeting between the U.S. and Chinese presidents and Donald Trump’s ability to deliver econom…
Waymo targets second senior executive in Uber self-driving dispute
SAN FRANCISCO (Reuters) – Alphabet’s self-driving car unit Waymo initiated private legal proceedings against two former executives who launched a rival company acquired by Uber [UBER.UL], court records show, accusing them of trying to recruit Waymo emp…
GM gives details of contacts with Einhorn, CEO Barra’s pay
DETROIT (Reuters) – General Motors Co on Monday outlined in a regulatory filing contacts with billionaire hedge fund manager David Einhorn who went public last week with a plan to boost GM’s value and announced its slate of board nominees, all of whom…
Government orders Wells Fargo to reinstate whistleblower
(Reuters) – The federal government has ordered Wells Fargo to reinstate a former bank manager who lost his job after reporting suspected fraudulent behavior at the bank.
AIG morale could spook talent, curb turnaround plan: UBS report
(Reuters) – A morale crisis at American International Group Inc could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an analysis on Monday.
FCA leads Canada auto sales in March, GM sales jump 27 percent
TORONTO (Reuters) – The Canadian arm of Fiat Chrysler Automobiles , which makes the Jeep and Chrysler brands, led auto sales in Canada for the month of March, but General Motors Canada posted the biggest surge in monthly sales.
Elon Musk mocks short sellers after Tesla stock surge
(Reuters) – As Tesla Inc’s strong quarterly vehicle deliveries sent its stock to a record high on Monday, Chief Executive Elon Musk took a swipe at traders betting the luxury electric car company is on a road to ruin.
Venezuela money supply up 200 percent in year, fastest rise on record
CARACAS (Reuters) – Crisis-stricken Venezuela’s money supply has surged over 200 percent in a year, its fastest rise since records began in 1940, putting it on track for what is likely the world’s highest inflation.
Panera Bread shares jump on report of possible sale
(Reuters) – Shares of Panera Bread Co rose 8 percent to a record high on Monday on a report that the bakery cafe chain was considering strategic options, including a sale, after receiving takeover interest.
FCC limits order on Charter extending broadband service
WASHINGTON (Reuters) – The U.S. Federal Communications Commission is reversing a requirement imposed under the Obama administration that Charter Communications Inc extend broadband service to 1 million households already served by a competitor, under a…
