Glencore in talks on streaming deals on Chile, Peru mines: sources
TORONTO (Reuters) – Glencore is in talks with Franco-Nevada Corp , Silver Wheaton Corp , Royal Gold Inc and two other companies to sell portions of the future production of three South American copper mines, two sources with knowledge of the talks said…
GE sells $3.7 billion UK home loan portfolio to Kensington Mortgage
(Reuters) – General Electric Co said on Wednesday it had sold a $3.7 billion portfolio of loans from its British home lending business to private equity-backed Kensington Mortgage Co Ltd as it continues to shrink its financing arm, GE Capital.
Microsoft discriminated against women in pay, promotions: U.S. lawsuit
(Reuters) – Microsoft Corp on Wednesday was hit with a proposed class action lawsuit in U.S. court claiming its policy of ranking employees to determine pay and promotions led to discrimination against women.
HP shares rise as investors take positive view of cash return plans
(Reuters) – Shares of Hewlett-Packard Co rose as much as 5 percent on Wednesday as investors cheered plans for the company’s soon-to-be separated but struggling PC and printer business to return more capital to shareholders than many had expected.
U.S. senators ask automakers for details on cyber security
BOSTON (Reuters) – Two U.S. senators have asked the world’s biggest automakers for information on steps they have taken to protect cars from being hacked, as attention on vehicle security has surged following the first car recall over a cyber bug.
Exasperated U.S. appeals court tosses bigger Argentina bond class
NEW YORK (Reuters) – A U.S. appeals court on Wednesday rebuked the federal judge overseeing litigation stemming from Argentina’s sovereign debt default nearly 14 years ago, and threw out his expansion of one class action of bondholders suing the countr…
Agony for Wall St. economists, investors as Fed meets
WASHINGTON/NEW YORK (Reuters) – Wall Street’s top economists are on unfamiliar ground: as the Federal Reserve decides whether to raise interest rates, for the first time in years they are deeply divided on what will happen.
Shares of Oracle jump on upgrade ahead of quarterly report
SAN FRANCISCO (Reuters) – Oracle Corp’s beleaguered shares jumped 1.1 percent on Wednesday after an analyst upgraded them ahead of the fiscal first-quarter report card that will shed light on the enterprise software heavyweight’s shift toward cloud com…
Morgan Stanley unveils new digital sign at Times Square headquarters
(Reuters) – Morgan Stanley unveiled a new digital sign for its Times Square headquarters in New York on Wednesday morning, completing a five-month construction project and hoping to message hundreds of thousands of people a day.
HP to cut up to 33,300 jobs over next three years
(Reuters) – Hewlett-Packard Co , which plans to split into two listed companies this year, said it expected to cut about 33,300 jobs over three years as the tech pioneer adjusts to falling demand.
