Oil edges up, but concern over supply persists ahead of OPEC
LONDON (Reuters) – Crude oil prices rose on Tuesday as the dollar eased slightly, but with OPEC widely expected to stick to its output target this week, concern about oversupply remained in focus.
Target website stumbles on Cyber Monday, rivals out of stock
CHICAGO (Reuters) – U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual l…
Dow sells portfolio of herbicides amid consolidation drive
CHICAGO (Reuters) – Dow Chemical Co has struck a deal to sell a part of its global herbicide business, as low crop prices continue to drive talk of consolidation in the agriculture industry.
Wall St. dips with health, consumer shares; gains for November
(Reuters) – U.S. stocks slipped on Monday, led by declines in health and consumer shares, as investors braced for policy news from central banks.
Target website stumbles on Cyber Monday, rivals out of stock
CHICAGO (Reuters) – U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual l…
American Airlines, union reach deal to hike agents’ pay
(Reuters) – Members of the association representing American Airlines Group Inc’s reservations and gate agents approved a new five-year contract that includes an immediate 30 percent average wage hike.
New Fed rule limits its crisis bailout powers
WASHINGTON (Reuters) – The Federal Reserve Board on Monday adopted a rule that stops it from bailing out individual companies, a change that Congress demanded after the central bank’s controversial decision to help rescue American International Group a…
Senate calls hearing in Anheuser-Busch InBev mega beer deal
WASHINGTON (Reuters) – Anheuser-Busch InBev’s bid to buy its biggest rival, SABMiller, will be the subject of a U.S. Senate hearing next week, the Senate Judiciary Committee said on Monday.
Volkswagen, DOJ want diesel civil cases heard in Detroit
WASHINGTON (Reuters) – Volkswagen AG and the Justice Department want a U.S. judicial panel to centralize in Detroit hundreds of civil lawsuits alleging the German automaker defrauded consumers and shareholders, according to court filings.
Morgan Stanley to cut up to 25 percent of fixed-income jobs
(Reuters) – Morgan Stanley plans to cut up to 25 percent of its fixed-income jobs, according to a person familiar with the matter.
