Once jobless and uncounted, eager workers could slow Fed rate hike
WELLSTON, Missouri (Reuters) – The crammed-to-capacity parking lot at a job training center in this St. Louis suburb is exhibit A for why the U.S. Federal Reserve remains at odds over the health of the U.S. labor market and how quickly interest rates s…
Oil edges up as analysts say market could be closer to balance than expected
SINGAPORE (Reuters) – Oil prices rose early on Tuesday as some analysts said markets might not be quite as oversupplied as suggested by many, with global inventories rising less than expected ahead of the high-demand winter heating season in the northe…
U.S. airlines booking services resume after Sabre fixes tech glitch
(Reuters) – Sabre Corp said on Monday it had fixed a technical issue that affected booking services of its U.S. airline partners such as Southwest Airlines Co, Virgin America and JetBlue Airways Corp.
Visa CEO Charles Scharf to resign, ex-AmEx president to take over
(Reuters) – Visa Inc said Chief Executive Charles Scharf, who orchestrated the company’s reunion with its European affiliate, is stepping down and will be succeeded by former American Express Co President Alfred Kelly.
Justice Department in talks with Alaska Air on Virgin deal: sources
WASHINGTON (Reuters) – Alaska Air Group Inc pressed on with talks with the U.S. Justice Department to reach a deal for approval to buy Virgin America Inc , two people close to the matter said Monday as a deadline for the government to complete the mer…
IBM third quarter revenue falls, but tops forecasts on cloud, analytics growth
(Reuters) – International Business Machines Corp posted better-than-expected third-quarter revenue on Tuesday, helped by growth in the company’s cloud and analytics businesses.
Target, McDonald’s react to U.S. creepy clown sightings
LOS ANGELES (Reuters) – Two of America’s biggest commercial brands – discount retailer Target and fast-food chain McDonald’s – have taken steps to tamp down hysteria stemming from a recent spate of creepy clown sightings in the run-up to Halloween at t…
Missouri sues Volkswagen over diesel emissions
WASHINGTON (Reuters) – The state of Missouri sued Volkswagen AG on Monday, becoming the 17th U.S. state to take legal action against the German automaker over its cheating on diesel emissions.
Deutsche Bank to pay $38 million in U.S. silver price-fixing case
NEW YORK (Reuters) – Deutsche Bank AG has agreed to pay $38 million to settle U.S. litigation over allegations it illegally conspired with other banks to fix silver prices at the expense of investors, according to court papers filed on Monday.
Ford shutting four plants over next few weeks, including an F-150 plant
DETROIT (Reuters) – Ford Motor Co on Monday said it is suspending F-150 production for a week at its Kansas City assembly plant, along with temporary shutdowns at three other plants over the next several weeks.
