John Malone to restructure Liberty Media, Liberty Interactive
(Reuters) – Media mogul John Malone, known for striking complex deals and running companies with intricate structures, is restructuring two companies he controls using tracking stocks and spinoffs.
Fed must weigh impact of new financial market landscape: Yellen
WASHINGTON (Reuters) – The U.S. Federal Reserve must weigh the effects of post-crisis financial regulations and new channels through which policy affects markets as it prepares to raise interest rates, Fed Chair Janet Yellen said on Thursday.
Exclusive: Morgan Stanley turns to stodgy bank accounts to boost profit
NEW YORK (Reuters) – Morgan Stanley, better known for underwriting bonds than for retail banking, plans to offer savings accounts and certificates of deposits next year to wring more profit from its wealth management clients, executives told Reuters.
Draghi stimulus hint knocks euro, commodities buckle
LONDON (Reuters) – A signal from European Central Bank president Mario Draghi that further policy easing is coming next month pushed the euro and government bond yields lower on Thursday but failed to lift stocks, which buckled under the weight of gloo…
Kohl’s beats estimates on strong back-to-school season
(Reuters) – Department store operator Kohl’s Corp reported better-than-expected quarterly net sales and profit, helped by strong back-to-school sales, sending its shares up as much as 11 percent in premarket trading on Thursday.
Pricey beers lift SABMiller’s quarterly underlying sales
LONDON (Reuters) – Demand for higher-priced beers helped SABMiller to report a pick-up in quarterly underlying sales despite currency headwinds, a day after it formally received a $100-billion-plus takeover bid from industry leader Anheuser-Busch InBev…
Macy’s cuts full-year forecast, sends shivers through retail
(In Nov. 11 story, corrects spelling of Michael in paragraph 4)
Audi sells fewer cars in October than Mercedes, BMW
BERLIN (Reuters) – Volkswagen’s Audi brand sold fewer vehicles in October than German rivals BMW and Mercedes-Benz , according to data published on Thursday.
Former VW CEO quits as Audi chair as emission-scandal probes continue
BERLIN (Reuters) – Former Volkswagen Chief Executive Martin Winterkorn has stepped down as chairman of luxury brand Audi amid an investigation of two emissions scandals that occurred during his reign at Europe’s largest carmaker.
Amazon debuts in Thomson Reuters 2015 top 100 innovators list
(Reuters) – Online marketplace Amazon.com Inc made its debut in the 2015 Thomson Reuters Top 100 global innovators list, leaving International Business Machines Corp , the world’s largest technology services company, out of the list.
