U.S. greenlights Norwegian Air flights in blow to U.S. industry
(Reuters) – The U.S. Transportation Department said on Friday it granted flying rights to Norwegian Air Shuttle ASA’s Irish unit, setting the stage for a new battle among airlines for leisure travelers across the Atlantic.
Eddie Lampert proposes to buy further stake in Sears Hometown
(Reuters) – Struggling retailer Sears Holdings Corp said Chief Executive Eddie Lampert proposed to buy a bigger stake in Sears Hometown and Outlet Stores Inc , if Sears Hometown entered into a partnership related to certain brands and its home service…
Obama bars China’s Fujian from buying Aixtron’s U.S. business
FRANKFURT/WASHINGTON (Reuters) – President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Depart…
U.S. presidential commission issues recommendations on cyber security
(Reuters) – The U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S. presidential commission on cyber security recommended in a wide-ranging report issued on Friday.
Wal-Mart to settle U.S. lawsuit over benefits for same-sex spouses
(Reuters) – Wal-Mart Stores Inc on Friday said it would pay $7.5 million to settle a U.S. lawsuit claiming it discriminated against gay employees nationwide by denying health benefits to their spouses.
Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case
NEW YORK (Reuters) – Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.
U.S. jobless rate falls to nine-year low, payrolls rise
WASHINGTON (Reuters) – The U.S. unemployment rate fell to a nine-year low of 4.6 percent in November, as employers added another 178,000 jobs, making it almost certain that the Federal Reserve will raise interest rates later this month.
U.S. health spending in 2015 rose at fastest rate since 2007
(Reuters) – U.S. health spending in 2015 rose at its fastest rate since 2007, driven by expanded access to insurance under the Affordable Care Act and high-priced specialty drugs, according to government figures released on Friday.
Starbucks’ CEO transition unlikely to stymie growth: analysts
(Reuters) – Starbucks Chief Executive Howard Schultz’s decision to step down is unlikely to hamper growth at the world’s biggest coffee chain as his successor Kevin Johnson is well suited to take the helm, analysts said.
Wall Street little changed as bank rally pauses
(Reuters) – U.S. stocks ended little changed on Friday after a payrolls report did little to recast expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled to round out their fourth straight week of gains.
