Siemens gains control of costly project risks: CFO in paper
FRANKFURT (Reuters) – Siemens is getting a grip on problems around big projects that have caused hundreds of millions of euros worth of charges in the past, its finance chief Ralf Thomas told German newspaper Boersen-Zeitung.
UAW leaders ratify new GM labor agreement
DETROIT (Reuters) – Leaders of the United Auto Workers union ratified a four-year labor agreement with General Motors Co on Friday, two weeks after most rank-and-file GM workers voted in favor of the new contract.
VW cuts 2016 capital spending plan as cheating scandal widens
WOLFSBURG, Germany/WASHINGTON (Reuters) – Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles.
United and pilots union agree in principle to extend contract
(Reuters) – United Continental Holdings Inc and its airline pilots union reached an agreement in principle on Friday to extend the labor contract that covers United’s more than 12,000 pilots by two years, the airline said.
Laurene Powell Jobs backs Amplify education company bought from News Corp
(Reuters) – Laurene Powell Jobs, widow of Apple Inc co-founder Steve Jobs, is the lead investor who funded the buyout of News Corp’s money losing digital education business Amplify earlier this year.
S&P 500 scores best week in almost a year
(Reuters) – Wall Street racked up a solid week on Friday, with healthcare, technology and consumer stock making gains and investors looking beyond a widely-expected December interest rate hike.
UAW leaders ratify new GM labor agreement
DETROIT (Reuters) – Leaders of the United Auto Workers union ratified a four-year labor agreement with General Motors Co on Friday, two weeks after most rank-and-file GM workers voted in favor of the new contract.
VW cuts 2016 capital spending plan as cheating scandal widens
WOLFSBURG, Germany/WASHINGTON (Reuters) – Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles.
Food stocks on the menu for Thanksgiving week
NEW YORK (Reuters) – There are no picky eaters on Thanksgiving – as long as the menu is hormone and antibiotic free, locally grown and convenient.
Google aims for China launch of Google Play app store next year: sources
BEIJING/HONG KONG (Reuters) – Google, part of Alphabet Inc , aims to launch the China version of its Google Play smartphone app store next year, according to people familiar with the matter, its first major foray in the market since ending localized pr…
