New York court orders Exxon, PwC to comply with NY AG subpoena
(Reuters) – The New York Supreme Court ordered Exxon Mobil Corp and PwC to comply with a subpoena issued by the New York Attorney General in August related to PwC’s auditing of the oil company.
Chevron increases quarterly dividend by a penny
(Reuters) – Chevron Corp will increase its quarterly dividend by a penny, to $1.08, payable on Dec. 12 to shareholders of record on Nov. 18, the company said on Wednesday. Its shares rose 0.4 percent to close Wednesday trading at $101.19.
Whole Foods eyes millennials with Purple Carrot meal kit test
LOS ANGELES (Reuters) – Whole Foods Market Inc began testing sales of Purple Carrot’s vegan meal kits on Wednesday, joining forces with one of many startups that threaten mainstream grocers by delivering boxed, cook-at-home meals.
Earnings in focus as Apple weighs; Boeing lifts Dow
(Reuters) – Quarterly results were the main driver for Wall Street on Wednesday as a decline in Apple shares weighed on the S&P 500 and Nasdaq, while the price-weighted Dow Industrials was buoyed by gains in Boeing.
Boeing sees cash growth even if sales, production slow
(Reuters) – Boeing Co on Wednesday beat profit expectations in the third quarter as cost-cutting offset declining revenue at the world’s biggest planemaker. Boeing also said it would deliver more commercial planes than originally planned for the ye…
Verizon executive says company needs more information about Yahoo hack
(Reuters) – A Verizon Communications Inc executive said the acquisition of Yahoo Inc still makes sense, but the telecommunications company needs more information about the email provider’s massive breach of accounts.
Boeing will not cut 777 output rate by more than two a month: CEO
NEW YORK (Reuters) – Boeing Co will not cut production of its 777 jetliner by more than two planes a month and will take more time to decide whether a cut is needed, Chief Executive Dennis Muilenburg said on Wednesday.
Belgians struggle to agree text to save EU-Canada trade deal
BRUSSELS (Reuters) – Belgian politicians struggled on Wednesday to agree additions to a planned EU-Canada free trade agreement and keep alive a deal backed by all 27 other EU governments but rejected by the French-speaking south of Belgium.
Exclusive: Dr Pepper Snapple in talks to buy Bai Brands – sources
(Reuters) – Dr Pepper Snapple Group Inc is in talks to acquire Bai Brands LLC, people familiar with the matter said on Wednesday, a move that would break its track record of only investing small stakes in growth drinks brands.
Hearst buys Camp Systems, expands into aviation data
NEW YORK (Reuters) – Hearst said on Wednesday that it is acquiring aviation software firm Camp Systems, in a deal that will boost the storied media firm’s investments in the transportation sector.
