BlackBerry in software deal with Ford, first with an automaker
TORONTO/BOSTON (Reuters) – BlackBerry Ltd has signed a deal to work directly with Ford Motor Co to expand the carmaker’s use of its QNX secure operating system, the Canadian technology company said on Monday, as Ford develops increasingly automated v…
Valeant ex-CEO, ex-CFO focus of U.S. criminal probe: Bloomberg
(Reuters) – U.S. prosecutors are focusing on Valeant Pharmaceuticals International Inc’s former chief executive and chief financial officer as they build a fraud case against the drugmaker, Bloomberg reported.
CenturyLink to buy Level 3 Communications for about $24 billion
(Reuters) – CenturyLink Inc said it would buy Level 3 Communications Inc in a deal valued at about $24 billion to expand its reach in the crowded market that provides communications services to businesses and compete with rivals like AT&T and Verizon.
Wells Fargo agrees to $50 million settlement over homeowner fees
NEW YORK (Reuters) – Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on their mortgage loans.
Under fire, Carney to stay extra year at Bank of England
LONDON (Reuters) – Bank of England Governor Mark Carney said on Monday he will stay in his job for an extra year until the end of June 2019 to help smooth Britain’s departure from the European Union, but he will depart two years short of a full term.
Bank of England’s Carney says to extend stay at BoE by one year
LONDON (Reuters) – Bank of England Governor Mark Carney said on Monday he has decided to stay in charge of the central bank for an extra year until the end of June 2019 to help smooth Britain’s departure from the European Union.
Nigeria’s Arik Air to buy mostly Boeing planes to double its fleet: source
LAGOS (Reuters) – Nigeria’s largest airline Arik Air plans to nearly double its fleet to 52 planes within 10 years and has already ordered some of them from Boeing , a source at the company said on Monday.
UK minister says told Nissan he will emphasize common ground with EU
LONDON (Reuters) – The British government made several assurances to Japanese carmaker Nissan before last week’s announcement it would build two new models in Britain, business minister Greg Clark said on Monday.
Facebook pledges fewer content removals, new criteria as yet unclear
OSLO (Reuters) – Facebook will allow more content on its platform that it would have earlier removed because it violated its standards, with new criteria being worked out, a senior executive said on Monday, following a row over the removal of an iconic…
Xerox settles with large investor over spin-off
(Reuters) – Xerox Corp said on Friday it had settled with one of its biggest shareholders who had sued earlier to block a plan for spinning off its document outsourcing business into a new publicly traded company.
