FCA recalling 310,800 vehicles including Jeep Wrangler SUVs
DETROIT (Reuters) – Fiat Chrysler Automobiles <FCAU.N > is recalling about 310,800 vehicles in two separate recalls involving Jeep Wrangler SUVs, Ram heavy duty pickup trucks and Dodge Charger sedans, the company said on Wednesday.
U.S. says T-Mobile to pay $48 million settlement over disclosures
WASHINGTON (Reuters) – T-Mobile US Inc has agreed to pay $48 million to resolve a federal probe into whether it adequately disclosed speed and data restrictions for its “unlimited” data plan subscribers, U.S. regulators said on Wednesday.
Abbott’s third-quarter earnings edge past Street
(Reuters) – Abbott Laboratories, which is acquiring St. Jude Medical Inc for $25 billion, reported a quarterly profit that edged past estimates as strength in its medical devices business more than offset a decline in its nutrition unit.
Halliburton posts surprise profit as expenses fall
(Reuters) – Halliburton Co, the world’s No.2 oilfield services provider, posted a surprise quarterly profit on Wednesday, helped by cost cutting, and said it expected a rise in oil prices to boost rig counts.
Starbucks names China CEO, sees 5,000 stores there by 2021
(Reuters) – Starbucks Corp on Wednesday named its first chief executive officer for China and said it plans to more than double its store count in that country to 5,000 by 2021.
EU believes free trade deal with U.S. won’t be completed this year: source
BERLIN (Reuters) – The European Commission believes it is unlikely that negotiations with the United States over a free trade deal will be completed under the current U.S. administration, a Commission source told Reuters on the condition of anonymity o…
Nissan to appoint CEO Ghosn as Mitsubishi Motors chairman: sources
TOKYO (Reuters) – Nissan Motor Co Ltd Chief Executive Carlos Ghosn will chair Mitsubishi Motors Corp after Japan’s second-biggest automaker by sales buys control of its smaller peer, two people with knowledge of the matter told Reuters on Wednesday.
At crisis-hit Samsung, nerves jangle as annual review looms
SEOUL (Reuters) – The next few weeks are traditionally a tense time at Samsung Electronics Co as executives wait to see if their work over the year is rewarded with promotion at the South Korean firm’s annual performance review.
VW works council denies it has agreed cost cut deal
BERLIN (Reuters) – Volkswagen labour leaders said on Wednesday they had not yet struck a deal with management on cost cuts at the core autos division, denying an earlier report by Manager Magazin.
Volkswagen challenges sister brand Audi with new China-only model
BEIJING (Reuters) – Volkswagen (VW) will launch a top-end sedan in China on Friday that will compete directly with sister brand Audi and is aimed at buyers looking for luxurious yet less-flashy cars amid a nationwide crackdown on conspicuous consumpti…
