Mattel names new head of Barbie business
(Reuters) – Toy maker Mattel Inc on Friday named a new head for its Barbie business as it seeks to reignite sales of its iconic dolls after two years of declines.
Argentine farmers take Monsanto seed complaint to regulators
BUENOS AIRES (Reuters) – Argentina’s main farm group on Friday took complaints against Monsanto Co to local regulators, accusing the company of abusing its dominant position in the market by ordering exporters to inspect soy cargos for second-generatio…
Tougher lending standards pose risk to outlook for Fed
WASHINGTON (Reuters) – A recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon.
Google says will not participate in 2016 U.S. airwaves auction
NEW YORK/SAN FRANCISCO (Reuters) – Alphabet Inc’s Google will not participate in the U.S. Federal Communications Commission’s upcoming auction of broadcast airwaves that can help the wireless industry improve coverage, a spokeswoman told Reuters on Fri…
Argentine debt talks to continue: mediator
NEW YORK (Reuters) – Argentina’s ongoing sovereign debt settlement talks will continue despite no resolution between the government and four remaining major holdout creditors, court-appointed mediator Daniel Pollack said in a statement on Friday.
U.S., UK likely to charge multiple banks in Libor rigging: WSJ
WASHINGTON (Reuters) – American and British regulators are likely to charge several banks with rigging interest rates, including Citigroup, the third-largest U.S. bank, and London-based HSBC Holdings, the Wall Street Journal reported on Friday.
Strong U.S. consumer spending counters recession fears
WASHINGTON (Reuters) – U.S. consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end of 2015.
Department store operator Kohl’s eliminates 3 senior positions
(Reuters) – Department store chain operator Kohl’s Corp said it was eliminating three senior positions, including chief digital officer, to create a more “nimble organization”.
Fed’s Dudley dismisses negative US rates, sees economic momentum
NEW YORK (Reuters) – While recently tighter U.S. financial conditions will factor into the Federal Reserve’s upcoming policy decisions, it is “extraordinarily premature” to even talk about using negative interest rates to stimulate the economy, a top F…
Syngenta deal could pave way for biotech acceptance from China users
SINGAPORE (Reuters) – ChemChina’s purchase of Syngenta could remove some of the suspicion around genetically modified crops and ultimately lead to more rapid user acceptance of biotechnology in food production in China, Syngenta’s Chief Operating Offic…
