Winter holiday travel to be busier this year: U.S. airlines group
(Reuters) – Winter holiday travel on U.S. airlines will be even busier this year than last, an airlines association said Thursday.
GM fund approves $594.5 million in ignition claims
WASHINGTON (Reuters) – General Motors Co’s independent fund set up to compensate victims of accidents involving faulty ignition switches awarded $594.5 million and approved 399 death and injury claims, the fund said on Thursday.
Any DuPont, Dow Chemical marriage could reignite European deals
(Reuters) – A potential $130 billion merger of Dow Chemical Co and DuPont could prompt a renewed flurry of takeover bids for European rivals with Switzerland’s Syngenta AG the most likely target.
Citigroup to take $300 million ‘repositioning charge’ in fourth quarter
NEW YORK (Reuters) – Citigroup Inc will take a $300 million “repositioning charge” in the fourth quarter to “resize infrastructure and capacity” throughout its businesses, Chief Financial Officer John Gerspach said on Wednesday.
Exclusive: Fiat Chrysler to pay $70 million auto safety fine
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV has agreed to pay $70 million in fines to resolve a U.S. investigation that it failed to disclose vehicle crash death and injury reports, people familiar with the matter told Reuters on Wednesday.
Any DuPont, Dow Chemical marriage could reignite European deals
(Reuters) – A potential $130 billion merger of Dow Chemical Co and DuPont could prompt a renewed flurry of takeover bids for European rivals with Switzerland’s Syngenta AG the most likely target.
Dow, DuPont soar on prospect of $130 billion merger ‘Christmas present’
(Reuters) – A potential marriage of chemicals titans Dow Chemical and DuPont would draw intense scrutiny from regulators in the United States and other countries, but Wall Street welcomed the reported merger talks, lifting shares of both companies by 1…
Wall St. falls alongside oil on global growth concerns
(Reuters) – U.S. stocks closed lower on Wednesday in a choppy session as oil resumed its decline, fuelling investor worries about global economic growth and causing the S&P 500 index to track the move in the commodity.
JPMorgan shuffles executives in consumer unit
(Reuters) – JPMorgan Chase & Co has shuffled executives within its consumer unit, according to an internal memo from Gordon Smith, its chief executive officer.
Technip explores sale, has held talks with FMC Technologies: sources
(Reuters) – French oilfield services company Technip is exploring a sale and has held talks with U.S. peer FMC Technologies Inc about a potential combination, according to people familiar with the matter on Wednesday.
