Lockheed delays decision on sale of services business
WASHINGTON (Reuters) – Lockheed Martin Corp has seen strong interest in its government services businesses, but will put off a decision on selling or spinning off the units until early next year, Chief Financial Officer Bruce Tanner said on Wednesday.
Yahoo shares rise as board meets and considers sale of Web business
(Reuters) – Plans by Yahoo Inc’s board to consider selling its struggling Internet business sent the company’s shares up more than 5 percent on Wednesday, as investors cheered a potential new way to separate Yahoo’s traditional services from its valuab…
Exxon withholds tax data from global transparency group
WASHINGTON (Reuters) – Exxon Mobil Corp has not shared information about its U.S. taxes with a global transparency effort that the company has endorsed and that President Barack Obama has backed, the project’s organizers said on Wednesday.
Sumner Redstone is mentally capable, says Viacom board member
(Reuters) – Sumner Redstone’s physicians have publicly attested that he is mentally capable, William Schwartz, chairman of Viacom ‘s governance and nominating committee, wrote in an e-mailed to Reuters Wednesday afternoon.
Boeing completes detailed design for longest Dreamliner
(Reuters) – Boeing Co said it completed detailed design for its newest and longest of three 787 jet models, the 787-10 Dreamliner, two weeks ahead of schedule.
U.S. labor market shows hints of broader wage pressures: Fed
WASHINGTON (Reuters) – The U.S. labor market tightened modestly in recent weeks with some upward pressure on wages as employers found it increasingly difficult to fill jobs across skill levels, the Federal Reserve said on Wednesday.
Mercedes-Benz U.S. November sales down 12 percent
FRANKFURT (Reuters) – Mercedes-Benz sales in the United States dropped 11.7 percent in November, due to popular model lines running out and a limited availability of top-selling SUVs, the luxury division’s parent company Daimler said on Wednesday.
Short sellers shopped for Macy’s stock ahead of Black Friday
SAN FRANCISCO (Reuters) – Short sellers shopping for overpriced stocks snapped up shares of beleaguered department store Macys heading into Black Friday.
Unfazed by dieselgate, Volvo rolls out new sedan
GOTHENBURG, Sweden (Reuters) – Chinese-owned Volvo Car Group on Wednesday launched a new model in the hope of gaining ground in a premium auto market dominated by German luxury rivals, and said it expected sales of the new car to hit roughly 50,000 in …
Delta Air Lines unit revenue up in November despite Paris attacks
(Reuters) – Delta Air Lines Inc on Wednesday said it earned more per mile in November than a year ago, as earlier cuts to its flight capacity abroad helped offset flat trans-Atlantic traffic in a month disrupted by the Paris attacks.
