Plastic in Snickers bar prompts Mars recall in 55 countries
FRANKFURT/LONDON (Reuters) – Mars Inc has recalled chocolate bars and other products in 55 countries, mainly in Europe, due to choking risk after a piece of plastic was found in a Snickers bar in Germany.
Macy’s bets off-price stores within stores will drive traffic
(Reuters) – Macy’s Inc plans to open Backstage off-price stores within some existing Macy’s, betting that the benefit of bringing new customers into stores outweighs the risk of diluting the company brand and undercutting sales of full-price items.
Prosecutors help organize victims’ brigade in Apple battle
(Reuters) – Prosecutors took unusual steps in enlisting victims of the San Bernardino attack in the government’s heated battle with Apple Inc over access to an iPhone belonging to one of the shooters, according to people involved in the effort and lega…
Honeywell does not see regulatory hurdles for United Tech deal
(Reuters) – Aerospace component supplier Honeywell International Inc confirmed on Tuesday that it had engaged in deal talks with United Technologies Corp over the past year, and said it did not see regulatory process as a “material obstacle” to the dea…
Time Inc explores bid for Yahoo’s core business: source
(Reuters) – Time Inc , publisher of Sports Illustrated, People and Time magazines, has been exploring a bid to acquire Yahoo Inc’s core Internet business for several weeks, a source familiar with the situation told Reuters on Tuesday.
Wall St. stumbles as oil slumps again
(Reuters) – Wall Street stocks slid on Tuesday, hurt by pressure from a renewed drop in oil prices, undercutting momentum that had helped the market rebound from a sluggish start to the year.
U.S. judge to stick with plan for GM ignition-switch test trials
NEW YORK (Reuters) – A federal judge in Manhattan said on Tuesday he will not alter, for now, a plan to try five more early test cases this year against General Motors Co over faulty ignition switches linked to nearly 400 injuries and deaths.
Valeant shares jump 9 percent after announcement of plans to restate
(Reuters) – Shares of Valeant Pharmaceuticals International Inc rose 9 percent on Tuesday, the morning after the drugmaker said a board committee investigation into its dealings with distributor Philidor Rx Services would result in a profit restatement…
Exclusive: Honda CEO to shift gears, distance sales teams from car design process – sources
TOKYO (Reuters) – Nearly a year into his job, Honda Motor Co CEO Takahiro Hachigo plans a back-to-the-future shift at the Japanese automaker, driving clearer demarcation lines between those who develop cars and those who sell them, two senior company i…
Macy’s in talks for real estate deals, sales fall less than feared
(Reuters) – Macy’s Inc’s sales fell less than expected for the first time in four quarters, helped by a last-minute blast of cold weather in January, and the department store operator said there was a “high degree” of interest among parties it approach…
