Exclusive: Nevada gambling regulator probes Las Vegas Sands over front gamblers
WASHINGTON (Reuters) – Nevada’s state gambling regulator is investigating allegations that Las Vegas Sands Corp casinos allowed high-stakes Chinese players to bet millions of dollars in other people’s names, according to people directly familiar with t…
U.S. judge approves $14.7 billion deal in VW diesel scandal
WASHINGTON (Reuters) – A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG’s $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker said it would begin buying back…
White House urges ban on non-compete agreements for many workers
(Reuters) – The Obama administration on Tuesday called on U.S. states to ban agreements prohibiting many workers from moving to their employers’ rivals, saying it would lead to a more competitive labor market and faster wage growth.
A BAT deal with Reynolds adds to Big Tobacco’s e-cig advantage
NEW YORK/LONDON (Reuters) – British American Tobacco Plc’s proposed takeover of Reynolds American Inc could speed up Big Tobacco’s dominance of the quickly changing e-cigarette market, putting more pressure on early innovators already getting squeezed …
Wall Street slips on earnings; Apple falls late after results
NEW YORK (Reuters) – U.S. stocks slipped from two-week highs on Tuesday as results and forecasts from companies in sectors including housing and consumer products failed to live up to expectations.
Yahoo scanning order unlikely to be made public: sources
WASHINGTON (Reuters) – Obama administration officials briefed key congressional staffers last week about a secret court order to Yahoo Inc that prompted it to search all users’ incoming emails for a still undisclosed digital signature, but they remain reluctant to discuss the unusual case with a broader audience.
AT&T aims to break from streaming crowd with Time Warner
LOS ANGELES (Reuters) – AT&T is betting its purchase of Time Warner Inc will give the company an edge in winning subscribers for its live internet television package, a new front in media that is about to become crowded by technology players.
Morgan Stanley CEO Gorman takes aim at quarterly reporting
(Reuters) – Morgan Stanley Chief Executive Officer James Gorman questioned the need for U.S. companies to report earnings every quarter, calling the practice “asinine.”
Lockheed Martin’s quarterly profit handily beats estimates
(Reuters) – Lockheed Martin Corp , the world’s largest defense contractor, reported a quarterly profit on Tuesday that handily beat analysts’ expectations, as sales of its Sikorsky helicopters pushed total revenue up 14.8 percent.
Failure of EU free trade deal would leave Canada stranded
OTTAWA (Reuters) – The looming failure of free trade talks with the European Union would derail Canada’s push to reduce its dependence on the United States and potentially complicate negotiations with other nations, such as India and China.
