Joe Sutter, father of the 747, passes away at 95
(Reuters) – Joe Sutter, known for leading Boeing Co’s engineering team for the iconic 747 jumbo jet in the mid-1960s, died on Tuesday at the age of 95.
AstraZeneca to pay $5.52 million to resolve SEC foreign bribery case
(Reuters) – U.S. regulators said on Tuesday that AstraZeneca Plc will pay $5.52 million to resolve a foreign bribery probe into improper payments by its sales and marketing staff to state-employed healthcare officials in China and Russia.
SEC awards $22 million to ex-Monsanto executive through whistleblower program
(Reuters) – A former Monsanto Co executive who tipped the U.S. Securities and Exchange Commission to accounting improprieties involving the company’s top-selling Roundup product has been awarded more than $22 million from the agency’s whistleblower pr…
Wall St. weighed by Apple but banks shine on
NEW YORK (Reuters) – Apple Inc was the largest weight on U.S. stock indexes on Tuesday after antitrust regulators ordered the company to pay about $14.5 billion in back taxes to the Irish government, but gains in bank shares partly offset the decline.
Oil falls on strong dollar, crude glut; storms limit losses
NEW YORK (Reuters) – Oil prices fell Tuesday, with Brent losing nearly 2 percent, as the dollar rallied and glut worries grew amid forecasts for higher U.S. crude stockpiles and Iran’s remark that it was on target to reach peak production.
Twitter to share ad revenue on videos by U.S. users
(Reuters) – Twitter Inc on Tuesday stepped up its battle to attract video talent to its platform, saying it will allow U.S. users who upload a video to share in any advertising revenue it generates.
Airbus on course for record deliveries in August: executive
PARIS (Reuters) – Airbus delivered more aircraft in August than for the same period in any previous year, its top planemaking executive said on Tuesday, in a breakthrough that improves its chances of meeting 2016 targets after earlier delays in receivi…
Potash Corp, Agrium talk merger; competition scrutiny expected
WINNIPEG, Manitoba/WASHINGTON (Reuters) – Canada’s Agrium Inc and Potash Corp of Saskatchewan Inc said on Tuesday they are in talks to merge, a deal that would create a fertilizer and farm retailing giant worth more than $25 billion but also trigger …
EU-U.S. trade deal in doubt as France urges end to talks
PARIS/BRUSSELS (Reuters) – France cast serious doubt on Tuesday on the prospects of an EU free trade deal with the United States, adding to opposition within Germany and growing scepticism among Americans.
Caesars wins lawsuit shield to pursue ‘uphill’ appeal
CHICAGO (Reuters) – A federal judge on Tuesday gave Caesars Entertainment Corp a five-week shield from $13 billion in lawsuits, capping a week of frantic court hearings as the casino group struggles to salvage a high-stakes debt-cutting plan for its b…
