Icahn says EPA, bank regulations hamper U.S. economy: CNBC
WASHINGTON (Reuters) – Billionaire investor Carl Icahn targeted environmental and banking regulations on Thursday as big drags on U.S. corporate investment and said revamping them would be a top priority in his role as adviser to President-elect Donald…
Nokia files more patent suits against Apple
HELSINKI (Reuters) – Finnish telecoms networks equipment maker Nokia said on Thursday it had filed a new set of patent lawsuits against Apple Inc in Asia, Europe and the United States.
Teva to pay U.S. government $519 million over foreign bribery charges
WASHINGTON (Reuters) – Teva Pharmaceutical Industries agreed to pay more than $519 million to settle U.S. criminal and civil allegations that the company bribed overseas officials to gain business for its medications, the U.S. Department of Justice sa…
Vontobel escapes penalty in talks with U.S. DOJ
ZURICH (Reuters) – Swiss bank Vontobel has wrapped up talks with U.S. justice officials on whether it helped wealthy Americans dodge taxes and does not have to pay a fine, it said on Thursday.
‘Regtech’ startups see more business in Trump era
NEW YORK (Reuters) – President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape?
Trump team promises transparency regarding Icahn’s advisory role
WASHINGTON (Reuters) – U.S. President-elect Donald Trump’s transition team on Thursday pledged proper oversights and transparency regarding billionaire and activist investor Carl Icahn’s special advisory role on regulatory issues.
Exclusive: U.S. regulator poised to approve Abbott purchase of St Jude – sources
WASHINGTON (Reuters) – U.S. antitrust enforcers are poised to approve health care company Abbott Laboratories’ purchase of medical device maker St. Jude Medical Inc , two sources knowledgeable about the deal said on Thursday.
ConAgra’s profit beat sends shares to record high
(Reuters) – ConAgra Brands Inc , the maker of Chef Boyardee pasta and Orville Redenbacher’s popcorn, reported a better-than-expected quarterly profit as the company benefited from less discounting and lower costs.
U.S. auto sales to narrowly reach new high in 2016: JD Power and LMC
DETROIT (Reuters) – U.S. auto sales will narrowly reach a new record this year, topping last year’s by a mere 5,000 vehicles, despite a 2.2 percent decline this month from a year earlier, industry consultancies J.D. Power and LMC Automotive said on Thu…
Exclusive: Commerzbank joins peers in paring back services to Gulf
DUBAI (Reuters) – Commerzbank has told customers in the Gulf it will no longer process their transactions in euros, four Gulf banking sources say, joining other big banks that cut such services after being fined for dealings with Iran.
