Police say criminals like Apple iPhones because of encryption
(Reuters) – Some criminals have switched to new iPhones as their “device of choice” to commit wrongdoing due to strong encryption Apple Inc has placed on their products, three law enforcement groups said in a court filing.
Brazil opens probe into McDonald’s, Arcos Dorados franchisee
(Reuters) – A federal prosecutor in Brazil has launched a civil inquiry into McDonald’s Corp , franchisee Arcos Dorados Holdings Inc and other franchise groups over alleged violations of franchise law, antitrust provisions and tax avoidance, the prosec…
Starboard to push for control of board in upcoming Yahoo talks: sources
(Reuters) – Starboard Value LP, the activist hedge fund leading an investor revolt against Yahoo Inc’s management team, will push for control of the company’s board in talks scheduled for next week, according to people familiar with the matter.
U.S. payrolls surge, bolster Fed rate hike prospects
WASHINGTON (Reuters) – U.S. employment gains surged in February, the clearest sign yet of labor market strength that could further ease fears the economy was heading into recession and allow the Federal Reserve to gradually raise interest rates this ye…
Exclusive: T. Rowe Price to oppose key directors at super-voting share companies
BOSTON/NEW YORK (Reuters) – T. Rowe Price Group Inc plans to vote against key directors at companies with two classes of shares in the upcoming U.S. corporate annual meeting season, as the big asset manager steps up its push against companies that give…
Exclusive: U.S. watchdog to probe Fed’s lax oversight of Wall Street
NEW YORK (Reuters) – A U.S. watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the banks they are meant to police, after a written request from Democratic lawmakers that marks the latest sign of…
Wall Street pulls off a rare four-day winning streak
(Reuters) – Wall Street ended higher on Friday after employment data allayed investors’ concerns about a sluggish economy without bolstering fears of an imminent interest rate hike.
U.S. trade deficit widens as exports hit five-and-a-half-year low
WASHINGTON (Reuters) – The U.S. trade deficit widened more than expected in January as a strong dollar and weak global demand helped to push exports to a more than five-and-a-half-year low, suggesting trade will continue to weigh on economic growth in the first quarter. ![]()
UK lawmakers say Facebook may have broken tax rules
LONDON (Reuters) – Facebook said it would ditch a corporate structure that helps minimize its UK tax bill, prompting lawmakers and campaigners to ask whether the arrangement had ever complied with UK tax rules.
Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds – document
NEW YORK (Reuters) – U.S. authorities have decided not to pursue criminal charges against any Citigroup Inc executives or employees involved in packaging and selling mortgage-backed securities at the heart of the 2008 financial crisis, a government rep…




