Exclusive: Ahead of CBS/Viacom deal talks, sticking points emerge – sources
(Reuters) – Possible sticking points have emerged ahead of negotiations between media companies CBS Corp and Viacom Inc about a potential merger, including who will be on the board of the combined company and what it would be called, people familiar …
Incoming Nasdaq CEO says Trump policies may benefit Wall Street
NEW YORK (Reuters) – Nasdaq Inc’s incoming chief executive officer, Adena Friedman, said on Tuesday that President-elect Donald Trump’s economic policies may boost trading and allow banks to take more risks, including lending more to businesses.
EU starts marathon talks on budget review, Italy unhappy
BRUSSELS/ROME (Reuters) – European Union governments and institutions are set for intense budget negotiations ahead of a Thursday deadline, with Italy complaining not enough spending is planned for handling migration, security threats and youth unemplo…
Britain’s Johnson: may have to leave EU customs union but can maintain free trade
PRAGUE (Reuters) – Britain may have to leave the European Union’s customs union when it quits the EU but it can maintain free trade with the bloc, British Foreign Secretary Boris Johnson was quoted as saying on Tuesday.
Google says it will expand operations in London
LONDON (Reuters) – Alphabet Inc’s Google said on Tuesday it will expand its London offices to eventually accommodate 7,000 employees, up from around 4,000 at the moment.
Boeing shares fall as United Airlines defers 737 order
SEATTLE (Reuters) – Boeing Co shares dropped on Tuesday after United Continental Holdings said it will convert orders for 61 Boeing 737 jetliners, worth nearly $5 billion at list prices, into newer 737 MAX models for delivery in later years.
Exclusive: Four large Wells Fargo shareholders want more action from board
NEW YORK (Reuters) – Several large Wells Fargo & Co investors say they are looking for changes on the board of directors in the wake of a sales scandal that has caused months of upheaval for the bank and cost its former chief executive his job.
Federal Reserve says will be more open about ‘stress tests’: GAO report
WASHINGTON (Reuters) – The Federal Reserve will be more open with Wall Street about how it conducts its annual “stress tests” of the largest U.S. banks, the central bank said on Tuesday.
VW reaches agreement on fixes, buybacks for 80,000 polluting U.S. diesels
WASHINGTON (Reuters) – Volkswagen AG has reached an agreement with U.S. regulators for a mix of buybacks and fixes for 80,000 polluting Audi, Porsche and VW 3.0-liter vehicles, two sources briefed on the matter said Tuesday.
Elon Musk-backed AI startup and Microsoft sign cloud agreement
(Reuters) – OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc’s Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp’s flagship …
