Peabody extends debt deadline amid creditor support
WILMINGTON, Del. (Reuters) – Peabody Energy Corp said on Thursday it extended a deadline for creditors to join financing deals aimed at bringing the largest U.S. coal miner out of bankruptcy amid growing creditor support for its plan of reorganization….
Exclusive: J&J discussing breaking up Actelion in an acquisition – sources
(Reuters) – Johnson & Johnson is negotiating a deal to acquire Swiss biotechnology company Actelion Ltd that would separate its commercialized portfolio from its research and development assets, people familiar with the matter said on Thursday.
Amazon looks to the sky to store products
(Reuters) – Amazon.com Inc has filed for a patent to use airships to store products and serve as a base for delivery-drones.
Battered Toshiba out of easy options to plug nuclear hole
TOKYO (Reuters) – Faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders’ equity, Japan’s Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell.
U.S. crude oil stocks rise, while products draw down: EIA
(Reuters) – U.S. crude oil stocks unexpectedly rose last week, while gasoline and distillate product inventories dropped, the U.S. Energy Information Administration said on Thursday.
Trump tax reforms could depend on little-known ‘scoring’ panel
WASHINGTON (Reuters) – President-elect Donald Trump’s goal of overhauling the U.S. tax code in 2017 will depend partly on the work of an obscure congressional committee tasked with estimating how much future economic growth will result from tax cuts.
Dollar falls against yen on U.S. yield drop, profit-taking
NEW YORK (Reuters) – The U.S. dollar hit a 15-day low against the yen on Thursday as traders used the quiet holiday period to take profits on the dollar’s recent gains, while a drop in U.S. Treasury yields on waning risk appetite reduced the greenback’…
U.S. goods trade deficit widens; labor market near full strength
WASHINGTON (Reuters) – A drop in U.S. exports last month pushed the country’s trade deficit in goods higher while the number of Americans filing for unemployment benefits fell last week in a positive sign for the labor market.
Honda to recall about 650,000 Odyssey minivans in U.S.
DETROIT (Reuters) – Honda Motor Co said on Thursday it will recall nearly 650,000 Odyssey minivans in the United States covering 2011 to 2016 model years because second-row seats may not lock in the event of a crash.
U.S. refiners face severe labor shortage for deferred maintenance
(Reuters) – After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 – but facing a severe labor shortage that could delay work, drive up costs and raise accident risks.
