EU court confirms Thomson Reuters coding settlement
BRUSSELS (Reuters) – The European Union’s second-highest court confirmed on Thursday Thomson Reuters 2012 settlement with EU antitrust regulators over its securities identification, or Reuters Instrument Codes (RICS).
Fiat, low-cost brands lifted by southern Europe car demand
PARIS (Reuters) – European car sales rose 9.5 percent last month, regional industry association ACEA said on Thursday, with recovering southern markets benefiting Fiat and low-cost brands.
Americans blame Washington gridlock for slow economic growth: study
BOSTON (Reuters) – Americans blame political gridlock in Washington for the country’s declining economic competitiveness and hold both Democrats and Republicans responsible, a Harvard Business School study released on Wednesday found.
U.S. prosecutors investigate Wells Fargo’s sales practices – source
NEW YORK (Reuters) – U.S. prosecutors have begun an investigation related to sales practices at Wells Fargo & Co that led the bank to agree to a $190 million settlement with regulators, a person familiar with the matter said on Wednesday.
Bayer’s Monsanto acquisition to face politically charged scrutiny
WASHINGTON D.C./NEW YORK (Reuters) – As the global agricultural sector races to consolidate, Bayer AG’s $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over the future of …
Toyota to ramp up Mexico pickup truck output for $150 million
TOKYO (Reuters) – Toyota Motor Corp said on Thursday it would spend about $150 million to ramp up production capacity of Tacoma pickup trucks in Mexico by more than 60,000 vehicles a year by 2018.
FDA panel recommends dropping serious warning on Pfizer’s Chantix
(Reuters) – A serious warning on Pfizer Inc’s quit smoking drug should be removed, 10 of 19 independent panelists to the U.S. Food and Drug Administration recommended on Wednesday, after reviewing additional trial data on the controversial treatment.
Boeing to curb overtime for U.S. salaried workers to reduce costs
NEW YORK (Reuters) – Boeing Co said on Wednesday it is curbing use of paid overtime by 80,000 salaried workers based in the United States, part of a company-wide effort to reduce costs to deal with intense competition.
iPhone optimism blasts Apple stock to 2016 high
SAN FRANCISCO (Reuters) – Apple’s stock hit a 2016 high on Wednesday, with its market value peaking above $600 billion for the first time since April as Wall Street bet the technology company’s newest iPhone would help shore up falling sales.
Mobileye says Tesla was ‘pushing the envelope in terms of safety’
FRANKFURT/TEL AVIV (Reuters) – Mobileye broke ties with Tesla Motors because the Silicon Valley firm was “pushing the envelope in terms of safety” with the design of its Autopilot driver-assistance system, Mobileye’s chairman said on Wednesday.
