TransCanada to raise dividend, add C$13 billion of new projects
CALGARY, Alberta (Reuters) – TransCanada Corp said it expects to raise its dividend and bring C$13 billion ($9.76 billion) of new small and medium-sized projects into service by the end of 2018, following the rejection of its Keystone XL crude pipeline…
Lockheed gets FAA approval for hybrid airship plan
(Reuters) – The U.S. Federal Aviation Administration approved a certification plan developed by Lockheed Martin for its hybrid airships, the company said, taking it one step closer to starting commercial deliveries of the airships.
McDonald’s to debut new value menu in January amid turnaround
LOS ANGELES (Reuters) – McDonald’s Corp said it would debut a “McPick” U.S. value menu in January as turnaround efforts continue at the world’s largest restaurant chain by revenue.
TJX raises same-store sales forecast as shoppers hunt for deals
(Reuters) – TJX Cos Inc , the owner of off-price chains TJ Maxx and Marshalls, reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and household goods.
Exclusive: Lyft executive says on track to hit $1 billion in gross annual revenue
SAN FRANCISCO (Reuters) – Ride-hailing app Lyft, Uber Technologies Inc’s [UBER.UL] biggest competition in the United States, expects to reach $1 billion in gross annual revenue, the company’s co-founder told Reuters.
Ford seeks to expand SUV portfolio, sees market at 40 percent by 2020
(Reuters) – Ford Motor Co is looking at ways to expand its sport utility vehicle portfolio as SUVs grow to 40 percent of the U.S. light vehicle market by 2020 from about a third today, global sales chief Stephen Odell told Reuters.
Exclusive: U.S. executives pledge stock for loans, raise margin call concern
BOSTON (Reuters) – U.S. corporate executives and directors have pledged at least $15 billion of their own company stock holdings to secure personal loans, in spite of recent examples of these arrangements creating bigger losses for other investors duri…
Google to contest Russia’s antitrust ruling on Android
MOSCOW (Reuters) – Google will contest in court a ruling by Russia’s antitrust agency that it broke competition law by abusing its dominant position with its Android mobile platform, the U.S. technology company said on Tuesday.
Home Depot third-quarter sales beat amid U.S. housing recovery
(Reuters) – Home Depot Inc on Tuesday reported a better-than-expected rise in quarterly sales at stores open at least a year and said full-year profit and same-store sales would be at the top end of its forecast.
Oil prices buckle under renewed concern about oversupply
LONDON (Reuters) – Oil prices fell on Tuesday, erasing gains linked to security fears after the Paris attacks, as investor focused again on the global oversupply in crude and petroleum products that is showing no signs of abating.
