Global shares shrug off mixed China data, copper teeters near six-year low
LONDON (Reuters) – Copper prices teetered near a six-year low on Wednesday as the dollar pulled back slightly, after mixed Chinese data showed growth in the world’s second-biggest economy was still in low gear.
Lockheed wins $969 million contract for 17 C-130J aircraft
WASHINGTON (Reuters) – Lockheed Martin Corp has been awarded a contract worth nearly $969 million to build 17 C-130J military transport aircraft, the Pentagon said on Tuesday.
Volkswagen dampens hopes for quick results in emission-scandal probe
BERLIN (Reuters) – Volkswagen has dampened hopes for quick results from an investigation into its rigging of diesel emissions tests and said developing a fix for the affected cars rather than finding the root cause of the manipulations is its top prior…
Asia shares cautious ahead of China data
SYDNEY (Reuters) – Asian share markets were narrowly mixed on Wednesday as investors anxiously awaited another batch of Chinese data while strength in the U.S. dollar kept the screws on global commodity prices.
Alibaba’s Singles’ Day generates $3.9 billion in GMV in first hour
(Reuters) – Ecommerce giant Alibaba Group Holding Ltd said it generated more than $3.9 billion in gross merchandise volume(GMV) within the first hour of its China’s Singles’ Day sale.
Glenview fund executives are neighbors in new Manhattan luxury tower
NEW YORK (Reuters) – Three employees of hedge fund firm Glenview Capital Management, including billionaire founder Larry Robbins, can expect to cross paths at home as well as work after spending more than $50 million on apartments in the same Manhattan luxury building. ![]()
Dell-EMC deal threatened by possible $9 billion tax bill: Re/code
(Reuters) – Dell Inc’s $67 billion offer to buy data storage company EMC Corp could be derailed by a tax bill of up to $9 billion, technology news website Re/code reported on Tuesday, citing sources familiar with the matter.
U.S. sues to block United Airlines from Newark expansion
WASHINGTON/CHICAGO (Reuters) – The U.S. Justice Department on Tuesday sued to stop United Continental Holdings Inc from taking over 24 take-off and landing slots at Newark Liberty International Airport, an action that could thwart United’s expansion at…
Google defeats most claims in browser tracking lawsuit
(Reuters) – A U.S. appeals court upheld the dismissal of federal claims and revived two California state law claims accusing Google of invading computer users’ privacy by enabling the placement of “cookies” in their browsers to track their Internet use…
McDonald’s will not put properties into REIT, CEO says
(Reuters) – McDonald’s Corp will not spin off its properties into a real estate investment trust (REIT), Chief Executive Steve Easterbrook said at the company’s investor meeting on Tuesday.




