Pay TV firms make billing changes after Senate report
WASHINGTON (Reuters) – Cable TV companies Time Warner Cable and Charter Communications Inc agreed to provide billing credits and make other changes after a U.S. Senate committee found overbilling to thousands of consumers.
Behind Tesla carnage, signs of support for Musk’s SolarCity deal
(Reuters) – Some of Tesla Motor Inc’s biggest investors have signaled support for CEO Elon Musk’s plan to buy solar power company SolarCity Corp , although the electric car maker’s stock cratered on Wednesday, lopping more than the $2.8 billion value …
Jeep’s first software fixes for recalled autos start this month: CEO
Chelsea, MICHIGAN (Reuters) – Fiat Chrysler Automobiles NV chief of Jeep brand Mike Manley said Thursday software fixes for 1.1 million vehicles that were recalled for rollaway risks, including the Jeep Grand Cherokee, will be available by the end of…
Investor group DSW to go to court over Volkswagen emissions probe
FRANKFURT/BERLIN (Reuters) – German investors’ association DSW said on Thursday it was going to court to push for an independent investigation of the diesel emissions test-rigging scandal at Volkswagen .
Exclusive: Dior to appoint Valentino’s Maria Chiuri as creative head – sources
PARIS (Reuters) – Christian Dior is set to announce after its couture show in early July that Maria Grazia Chiuri is joining the French fashion house from Italy’s Valentino, two people familiar with the matter said.
U.S. new home sales drop from eight-year high
WASHINGTON, (Reuters) – New U.S. single-family home sales fell in May from a more than eight-year high amid weakness in three regions, but the overall housing market remains intact.
Brexit vote is moment of truth for the last remaining bears
LONDON (Reuters) – Britain’s vote on whether to stay in the EU is high noon for the last remaining bears — the few fund managers still brave enough to hold short positions betting that share prices will fall — who could get swamped by a rally if Brit…
Fiat Chrysler recalls 13,000 Maserati cars for rollaway issue
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV’s Maserati unit is recalling 13,092 Quattroporte and Ghibli luxury cars in the United States because they may roll away after drivers mistakenly believe they have engaged the vehicles in ‘park’ mode,…
Exclusive: ECB to guide banks on working off bad debt before setting targets – sources
FRANKFURT (Reuters) – The European Central Bank is planning to give euro zone banks non-binding guidance by the end of 2016 or early 2017 to cut their bad debt pile, raising the heat on lenders but not forcing their hand, sources said.
Oil rises as investors focus on Britain’s EU referendum
LONDON (Reuters) – Oil prices rose by up to 2 percent on Thursday, shrugging off a smaller than expected draw on U.S. crude stocks as money and equity markets firmed after the last sweep of Brexit opinion polls raised optimism over Britain remaining in…
