SolarCity disappointed in exclusion from Nevada solar rate case
(Reuters) – SolarCity Corp said on Wednesday it was disappointed with a decision by Nevada regulators to exclude the company from a proceeding to decide how existing customers would be compensated for the excess energy their rooftop solar panels sent …
Irish cabinet delays decision on Apple tax appeal
DUBLIN (Reuters) – Ireland’s cabinet could not agree on Wednesday whether to fight a European Commission ruling against Dublin’s tax dealings with Apple , raising questions over any appeal and the government’s stability.
Alere lawsuit accuses Abbott of ‘buyer’s remorse’ in proposed merger
(Reuters) – Alere Inc alleges Abbott Laboratories is trying to stymie its planned $5.8 billion takeover of the diagnostics company by purposefully delaying key submissions to anti-trust regulators, according to a lawsuit made public on Tuesday.
After Apple, EU may focus on companies closer to home
BRUSSELS (Reuters) – Multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals after handing Apple a breathtaking demand for 13 billion euros, officials and experts said on Wednesday.
Takata parts involved in blast were shipped properly: NTSB
(Reuters) – An initial check showed that Takata Corp air bag parts and material involved in a deadly explosion in a truck in Texas last week were being shipped properly, a U.S. regulator said on Wednesday.
Oil tumbles on U.S. inventory builds; best month since April
NEW YORK (Reuters) – Oil prices fell 3 percent or more on Wednesday, paring their big gains for August, after government data showed a large surprise weekly build in U.S. crude and distillate stockpiles and a smaller-than-expected drawdown in gasoline….
Cooperman on CNBC says U.S. equities ‘fairly but fully valued’
NEW YORK (Reuters) – Hedge fund investor Leon Cooperman, the chief executive and chairman of Omega Advisors, said on Wednesday on CNBC that equity markets are “fairly but fully valued.”
U.S. private payrolls rise solidly; pending home sales jump
WASHINGTON (Reuters) – U.S. private employers maintained a steady pace of hiring in August and contracts to buy previously owned homes surged in July, suggesting the economy was regaining sufficient momentum for the Federal Reserve to raise interest ra…
RBC to pay $2.5 million for proxy violations over Rural/Metro sale
(Reuters) – A Royal Bank of Canada unit has agreed to pay $2.5 million for causing false and misleading disclosures in a proxy statement for the sale of ambulance company Rural/Metro Corp, the U.S. Securities and Exchange Commission said on Wednesday….
UK cosmetics group Lush relocates staff to Germany post-Brexit
LONDON (Reuters) – UK cosmetics maker and retailer Lush is relocating European staff from Britain to Germany and has expanded production at its German factory in the wake of Britain’s vote to leave the European Union, it said on Wednesday.
