Wall St. falls 1 percent, led by Apple, energy sector
(Reuters) – U.S. stocks ended more than 1 percent lower on Wednesday after rallying the day before, led by declines in shares of Apple and energy companies, which fell with oil prices.
Boeing plans to further speed up 767 aircraft production
NEW YORK (Reuters) – Boeing Co said on Wednesday that it will push production of its 767 aircraft up by 25 percent in 2017 to help fill a historic order for 50 planes from FedEx Corp .
Exclusive: Bombardier rejects Chinese offer for railway unit – documents
BEIJING (Reuters) – Canada’s Bombardier has turned down a Chinese offer to buy up to 100 percent of its prized rail unit, documents seen by Reuters show, underscoring its reluctance to cede control of the unit to a state-owned Chinese buyer at this jun…
BlackRock executive Charles Hallac, dies at 50
(Reuters) – BlackRock Inc co-president and long-time executive Charles Hallac has died after a years-long struggle with colon cancer at the age of 50, the company said on Wednesday.
McDonald’s in U.S., Canada to use only cage-free eggs by 2025
(Reuters) – McDonald’s Corp’s 16,000 U.S. and Canadian restaurants will serve only eggs laid by cage-free chickens within 10 years, the company said on Wednesday.
Exclusive: Credit Agricole may pay about $900 million in U.S. sanctions probes
NEW YORK (Reuters) – France’s Credit Agricole SA is nearing an agreement to pay about $900 million to resolve investigations into whether it illegally moved funds through the United States for blacklisted individuals and countries such as Sudan and Ira…
U.S. auto regulators set Oct. 22 public meeting on Takata recall
WASHINGTON (Reuters) – The U.S. auto safety watchdog said on Wednesday that it will hold an Oct. 22 public hearing on Takata Corp’s massive air-bag inflator recall, an event that could prompt regulators to take a stronger hand in efforts to eliminate t…
Microsoft urges U.S. court to block warrant for emails held abroad
NEW YORK (Reuters) – Microsoft Corp asked a federal appeals court on Wednesday to block the U.S. government from forcing the company to hand over a customer’s emails stored on an Irish server, warning that the precedent would create a “global free-for-…
Toys R Us lowers free shipping limit for online orders
CHICAGO (Reuters) – U.S. retailer Toys R Us said on Wednesday it has lowered its free shipping minimum for online orders, as retailers continue to outdo each other with delivery deals before the holiday shopping season.
Tax concerns on Yahoo’s Alibaba stake spinoff prompt target cuts
(Reuters) – Wall Street analysts tempered their view on Yahoo Inc’s stock after the company’s plans for a tax-free spinoff of its stake in Alibaba Group Holdings Ltd ran into a potential problem with the U.S. Internal Revenue Service.
