Google paid Apple $1 billion in 2014 to keep search bar on iPhone: Bloomberg
(Reuters) – Google Inc paid Apple Inc $1 billion in 2014 to keep its search bar on the iPhone, Bloomberg reported, citing a transcript of court proceedings related to a copyright lawsuit filed by Oracle Corp against the search giant.
Nearly $8 trillion wiped off world stocks in January, U.S. recession chances rising: BAML
LONDON (Reuters) – World stock market losses are approaching $8 trillion so far this year and investors last week poured the most money into government bond funds in a year, suggesting they fear the global economy could tip into recession, Bank of Amer…
China shares end higher on global stimulus hopes
SHANGHAI (Reuters) – China’s fragile shares ended higher on Friday, in a relatively muted response to hints of more policy stimulus in Europe and Japan that prompted a robust rally in battered oil prices and equities elsewhere.
Germany criticizes unequal treatment of VW’s customers
BERLIN (Reuters) – Volkswagen is not doing itself any favors by offering unequal compensation for U.S. and European customers following an emissions scandal last year, a German justice ministry spokesman said on Friday.
Exclusive: Noble chairman sees company’s future as smaller, nimbler
HONG KONG (Reuters) – Noble Group, Asia’s biggest commodities trader, expects to ride out the market downturn and recover from recent accounting-related allegations by being nimbler and asset-light, its founder and chairman Richard Elman told Reuters i…
Wal-Mart strikes lawful, must reinstate workers: NLRB judge
(Reuters) – Wal-Mart Stores Inc unlawfully retaliated against workers who participated in strikes in 2013 and must offer to reinstate 16 dismissed employees, a National Labor Relations Board judge ruled on Thursday.
U.S. airlines rethink hedges as oil plunges
NEW YORK (Reuters) – The lowest fuel prices for more than a decade are proving to be a double-edged sword for U.S. airlines.
Stocks, oil soar as Draghi the dove tames global bears
LONDON (Reuters) – Stocks and oil, at the forefront of a global market rout since the turn of the year, rebounded strongly on Friday thanks to hints of more monetary policy support by the European Central Bank and bargain-hunting from bruised investors…
Leaky lifeboat: Weak U.S. corporate profits offer no rescue to sinking stocks
NEW YORK (Reuters) – Investors who hoped U.S. corporate earnings could dig stocks out of their deep hole may find themselves sorely disappointed.
AmEx shares fall as 2016 earnings outlook disappoints
(Reuters) – Credit card issuer American Express Co’s shares slumped in extended trading on Thursday after the company’s 2016 earnings forecast disappointed analysts and investors.
