Activist pressure helps reshape U.S. corporates, from Yahoo to Dow
NEW YORK (Reuters) – Activist investors are building bigger stakes in bigger companies and their influence is helping reshape the landscape of corporate USA.
Top U.S. airlines ban hoverboards due to fire risk
GENEVA/NEW YORK (Reuters) – Hoverboards may be on many people’s Christmas lists but they present a conundrum for airlines, which are mulling the best way to transport the popular devices that could present a fire risk.
Officials close Chipotle in Seattle for food safety violations
(Reuters) – Health officials shut down a Chipotle Mexican Grill Inc restaurant in Seattle on Thursday after finding “repeated food safety violations,” according to a statement from the Seattle & King County public health department.
Wal-Mart says marketing head Stephen Quinn to retire in January
(Reuters) – Wal-Mart Stores Inc’s marketing head, Stephen Quinn, will retire in January, the company said in a statement on Thursday.
U.S. approves 2016 BMW diesel X5 SUV after EPA review
WASHINGTON (Reuters) – The Environmental Protection Agency and California Air Resources Board approved the sale of the new 2016 BMW diesel X5 after government testing found no evidence of software to evade emissions standards, the government said Thurs…
Wall Street closes higher but pares gains with oil slide
(Reuters) – U.S. stocks closed higher on Thursday after a three-day decline but sharply pared gains late in the session as oil dropped to near seven-year lows and the strong dollar weighed on sentiment.
Ford to invest $4.5 billion more in electric car plan by 2020
DEARBORN, Mich. (Reuters) – Ford Motor Co plans to invest an additional $4.5 billion by 2020 in programs to broaden its offerings of hybrids and electric vehicles, Chief Executive Officer Mark Fields said Thursday.
Aircraft orders slow as cycle peaks; potential for production impact seen
NEW YORK (Reuters) – A decline in aircraft orders this year shows the order cycle is peaking after five years of torrid growth, industry experts said on Thursday, raising speculation that Boeing Co and Airbus may be forced to scale back higher producti…
Fed to guide on rate hike path with fresh language, forecasts
SAN FRANCISCO (Reuters) – Federal Reserve Chair Janet Yellen next week has to decide not only whether to raise interest rates for the first time in a decade, but also how to assure markets on the likely path of future rate hikes.
Ford R&D chief says automaker wants to develop ride hailing services
Dearborn, Mich. (Reuters) – Ford Motor Co wants to develop ride hailing services that could compete with existing providers such as Uber or Lyft, the company’s head of research said on Thursday.
