U.S. judge turns up heat on VW with March emissions fix deadline
(Reuters) – A federal judge turned up the heat on Volkswagen AG on Thursday, setting a March deadline for the German automaker to state whether it has found an emissions fix for 600,000 diesel vehicles that is acceptable to U.S. regulators.
Wall Street rallies as battered investors eye support
(Reuters) – Wall Street posted solid gains on Thursday as higher oil prices reduced fears that banks could be hit by debt defaults and investors saw opportunities after weeks of volatility.
Best Buy forecast misses expectations
(Reuters) – Best Buy Co Inc forecast current-quarter sales and profit below analysts’ estimates as the biggest U.S. consumer electronics retailer by store count struggles with falling sales of mobile devices.
Halliburton to slash 5,000 more jobs amid oil slump
(Reuters) – Oilfield services provider Halliburton Co , pressured by a prolonged slump in crude oil prices, will further slash its workforce by about 8 percent, or by 5,000 jobs, company spokeswoman Emily Mir told Reuters on Thursday.
Sturm Ruger sees more gun demand if Democrat is next president
SAN FRANCISCO (Reuters) – Sturm Ruger & Co expects a lift in demand for its firearms if a Democrat wins this year’s presidential election and becomes positioned to appoint future Supreme Court Justices, the company’s CEO said on Thursday.
Strong U.S. durable goods orders offer hope for manufacturing
WASHINGTON (Reuters) – New orders for long-lasting U.S. manufactured goods in January rose by the most in 10 months as demand picked up broadly, offering a ray of hope for the downtrodden manufacturing sector.
VW advancing in settlement talks with U.S. Justice Department: lawyer
(Reuters) – A lawyer for Volkswagen AG told a federal judge on Thursday the German automaker is making progress in senior level settlement talks with the U.S. Justice Department, Environmental Protection Agency and California to reach a resolution over…
Apple unlocking case not ‘trailblazer’ for precedent: FBI chief
WASHINGTON (Reuters) – The case involving a court order demanding Apple help the FBI unlock the iPhone linked to one of the San Bernardino shooters is “unlikely to be a trailblazer” for setting a precedent for other cases, FBI Director James Comey told…
Valeant board debating Pearson’s return as health improves: CNBC
(Reuters) – The health of Valeant Pharmaceuticals International Inc’s Michael Pearson is improving, the company said on Thursday, but CNBC reported that there was debate within the board over whether he was ready to return to work.
Kohl’s warns 2016 sales may fall
(Reuters) – U.S. department store operator Kohl’s Corp warned that sales could fall this year and said it was unlikely to meet its 2017 target of $21 billion in sales because of a weak economy and a pullback in consumer spending on its core categories …
